Volatility of commodity prices has affected dramatically the coffee industry in recent years, particularly small holder farmers. Differentiation of coffee through certification, such as sustainahility and quality attr...Volatility of commodity prices has affected dramatically the coffee industry in recent years, particularly small holder farmers. Differentiation of coffee through certification, such as sustainahility and quality attributes, has been proposed as a strategy for protection of the farmers against volatility in the international prices. This research paper evaluated three different models to explore the effectiveness of the differentiation strategies in protecting the farmer against price volatility in recent years, focusing on the case of Costa Rica. Evidence showed important differences in the price dynamics over time when comparing three groups of coffee.展开更多
文摘Volatility of commodity prices has affected dramatically the coffee industry in recent years, particularly small holder farmers. Differentiation of coffee through certification, such as sustainahility and quality attributes, has been proposed as a strategy for protection of the farmers against volatility in the international prices. This research paper evaluated three different models to explore the effectiveness of the differentiation strategies in protecting the farmer against price volatility in recent years, focusing on the case of Costa Rica. Evidence showed important differences in the price dynamics over time when comparing three groups of coffee.
