Market efficiency and price discovery in cocoa markets
This paper tests the efficiency and price discovery mechanism in the cocoa cash and futures
markets over the period March 1981–August 2009. The results indicate that the price …
markets over the period March 1981–August 2009. The results indicate that the price …
The effects of transaction costs on the optimal price and production risk management for cocoa-exporting countries
This paper derives and estimates empirically the role of transactions costs for the optimal
price-risk hedge ratios for four cocoa producing SSA countries (Cameroon, Ghana, Nigeria …
price-risk hedge ratios for four cocoa producing SSA countries (Cameroon, Ghana, Nigeria …