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Demand for coffee in Sweden: The role of prices, preferences and market power


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Title: Demand for coffee in Sweden: The role of prices, preferences and market power
Authors: Durevall, Dick
Issue Date: 2007
University: Göteborg University. School of Business, Economics and Law
Institution: Department of Economics
Journal Title: Food Policy
ISSN: 0306-9192
Volume: 32
Issue: 5-6
Start Page: 566
End Page: 584
Publication type: article, peer reviewed scientific
Publisher: Elsevier
Keywords: Coffee exports
Coffee price
Market power
Multinationals
Sweden
Commodity markets
Abstract: There is a widespread belief that consumer coffee prices are high relative to bean prices and that lower consumer prices would lead to substantial increases in bean exports from Third-World countries. This issue is evaluated by analysing how retail prices, preferences and market power influence coffee demand in Sweden. A demand function is estimated for the period 1968-2002 and used, together with information on import prices of coffee beans, to simulate an oligopoly model. This approach gives e... more
Electronic version (URL): http://dx.doi.org/10.1016/j.foodpol.2006.11.005
URI: http://hdl.handle.net/2077/19432
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