Coffee, cocoa and economic growth in Brazil

Maria J. Willumsen () and Amitava Dutt

Brazilian Journal of Political Economy, 1991, vol. 11, issue 3, 362-381

Abstract: This paper analyzes the impacts of increases in prices of two primary products– coffee and cocoa – on the growth of the national and regional economies. It tries tounderstand the factors that have determined salutary effects in the coffee region andnegligible effects on the cocoa region. The results suggest that only a partial answer can befound in the nature of these products, as proposed by the “staples” approach. The largesteffects seem to be connected with some social and macroeconomic characteristics prevalentin these economies during the “boom” period. JEL Classification: O47; Q11.

Keywords: Coffee; cocoa; economic history of Brazil; economic growth (search for similar items in EconPapers)
Date: 1991
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