We Are not Alone in the Universe: Price Addiction and U.S. Import Demand of Tropical Beverages (Coffee, Cocoa and Tea and Mate)

• In Event: North-South International Relations, Trade, and Development

Brief Overview

This paper estimates price and crossed price elasticities to determine the effects of price variability on revenue of coffee exporting countries. Our analysis takes into the account the influence of competing exporters and products.

Authors

• Danny Garcia, Universidad de Antioquia

• Carmen A. Ocampo, Universidad Eafit

• Mauricio Sánchez, Universidad de Antioquia