Un bicentenario del café en Colombia: estrategia competitiva y cambio estructural

Ricardo Rocha García

Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: An empirical analysis of the export strategy of Colombia against Brazil in the coffee market during 1826-2018, considering an oligopolistic competition for differentiated products. The relationship of bilateral cointegration of exports according to prices, costs, demand and changes in trade policy was estimated using a dynamic ordinary least squares model. The results suggest that Colombia went from being an incipient exporter and price taker, until becoming an oligopolist of soft coffee before Brazil's valorization policy. After the breakdown of the International Coffee Agreement, starring in an exchange of roles, whose effects are simulated according to a counterfactual scenario.

Keywords: coffee; exports; Colombia DOLS; Strategic Trade Policy (search for similar items in EconPapers)
JEL-codes: F14 L13 N76 (search for similar items in EconPapers)
Pages: 47
Date: 2019-07
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Published in CID

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Persistent link: https://EconPapers.repec.org/RePEc:col:000176:023731

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