Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia
Exchange rate policies can have important implications on incentives for export agriculture. However, their effects are often not well understood. We study the issue of foreign exchange controls and pricing in the value chain for Ethiopia's coffee—its most important export crop. Relying on unique pr...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Agricultural and Applied Economics Association
2021
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/142285 |
| _version_ | 1855513287202963456 |
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| author | Tamru, Seneshaw Minten, Bart Swinnen, Johan |
| author_browse | Minten, Bart Swinnen, Johan Tamru, Seneshaw |
| author_facet | Tamru, Seneshaw Minten, Bart Swinnen, Johan |
| author_sort | Tamru, Seneshaw |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Exchange rate policies can have important implications on incentives for export agriculture. However, their effects are often not well understood. We study the issue of foreign exchange controls and pricing in the value chain for Ethiopia's coffee—its most important export crop. Relying on unique pricing and cost data, we find that coffee exporters are willing to incur losses during exporting by offering high prices for coffee locally in order to access scarce foreign exchange. We further find that the consequent high wholesale prices for coffee are transmitted to producers, so that coffee farmers are unintended beneficiaries of this rent. |
| format | Journal Article |
| id | CGSpace142285 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | Agricultural and Applied Economics Association |
| publisherStr | Agricultural and Applied Economics Association |
| record_format | dspace |
| spelling | CGSpace1422852025-12-08T10:11:39Z Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia Tamru, Seneshaw Minten, Bart Swinnen, Johan imports supply chains exports rent distribution trade coffee food prices exchange rate prices Exchange rate policies can have important implications on incentives for export agriculture. However, their effects are often not well understood. We study the issue of foreign exchange controls and pricing in the value chain for Ethiopia's coffee—its most important export crop. Relying on unique pricing and cost data, we find that coffee exporters are willing to incur losses during exporting by offering high prices for coffee locally in order to access scarce foreign exchange. We further find that the consequent high wholesale prices for coffee are transmitted to producers, so that coffee farmers are unintended beneficiaries of this rent. 2021-01-01 2024-05-22T12:10:16Z 2024-05-22T12:10:16Z Journal Article https://hdl.handle.net/10568/142285 en https://doi.org/10.2499/p15738coll2.133414 Open Access Agricultural and Applied Economics Association Tamru, Seneshaw; Minten, Bart; and Swinnen, Johan. 2021. Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia. Agricultural Economics 52(1): 81-95. https://doi.org/10.1111/agec.12608 |
| spellingShingle | imports supply chains exports rent distribution trade coffee food prices exchange rate prices Tamru, Seneshaw Minten, Bart Swinnen, Johan Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia |
| title | Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia |
| title_full | Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia |
| title_fullStr | Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia |
| title_full_unstemmed | Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia |
| title_short | Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia |
| title_sort | trade value chains and rent distribution with foreign exchange controls coffee exports in ethiopia |
| topic | imports supply chains exports rent distribution trade coffee food prices exchange rate prices |
| url | https://hdl.handle.net/10568/142285 |
| work_keys_str_mv | AT tamruseneshaw tradevaluechainsandrentdistributionwithforeignexchangecontrolscoffeeexportsinethiopia AT mintenbart tradevaluechainsandrentdistributionwithforeignexchangecontrolscoffeeexportsinethiopia AT swinnenjohan tradevaluechainsandrentdistributionwithforeignexchangecontrolscoffeeexportsinethiopia |