Ghana: Selected Issues and Statistical Annex

August 26, 1996

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Format: Chicago

Ghana: Selected Issues and Statistical Annex, (USA: International Monetary Fund, 1996) accessed November 21, 2024

Summary

This Selected Issues paper and Statistical Annex examines the impact of cocoa taxation on cocoa supply in Ghana. The paper describes historical developments in cocoa production. The effects of the taxation of cocoa in Ghana are evaluated and a dynamic model of cocoa supply is estimated and used for simulations. The paper concludes that the most important factors adversely affecting the cocoa sector were government policies. Specifically, in the late 1960s and the 1970s, the effective cocoa duty rates were punitive and the cocoa sector was further hit by policies of overvalued exchange rate.

Subject: Agricultural commodities, Banking, Commodities, Consumer price indexes, Inflation, Monetary base, Money, Prices, Producer prices

Keywords: Africa, Agricultural commodities, Consumer price indexes, CR, Divested enterprise, Global, Inflation, Inflation equation, ISCR, Monetary base, Nonfinancial enterprise, Outright sale, Price, Producer prices, Sale of share, West Africa

Publication Details

Pages:

122
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/069
Stock No:

1GHAEA0011996
ISBN:

9781451814736
ISSN:

1934-7685

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