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Comparative Advantage among African Coffee Producers
Author(s) -
Pearson Scott R.,
Meyer Ronald K.
Publication year - 1974
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238761
Subject(s) - tanzania , comparative advantage , unit (ring theory) , business , foreign exchange , resource (disambiguation) , exchange rate , agricultural economics , economics , international trade , socioeconomics , monetary economics , mathematics , computer network , mathematics education , finance , computer science
Relative comparative advantage is measured by contrasting country ratios of the domestic resource costs per unit of foreign exchange earned by exporting coffee to the exchange rate. Uganda, Ethiopia, and Tanzania have strong relative comparative advantages in coffee vis‐à‐vis the Ivory Coast, largely because of higher opportunity costs of Ivoirian factors.