Title: A model of cocoa replanting and new planting in Bahia, Brazil, 1966-85 /
Authors: Trivedi, P. K.
Publisher: International Economics Dept., World Bank,
Year: 1988
Subjects: Cacao Economic aspects Brazil Bahia (State) Econometric models.; Cocoa Prices Brazil.; Interest rates Brazil.
Abstract: In Brazil, two decades of high cocoa prices and low interest rates sparked significant growth in new planting of cocoa trees. Higher prices and low interest rates encouraged new planting; but higher prices discouraged replanting in the short term while encouraging it in the long term.