An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire
Since its independence in 1960, Cфte d’Ivoire has opted for an industrial policy that has given rise to two major types of agrofood industry. The first is small-scale units owned by nationals and the second is agro-food industries owned by large international firms that mainly export their...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, Belgrade
2021-01-01
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| Series: | Ekonomski Anali |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642129037C.pdf |
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| author | Coulibaly Noufou Koné Siaka Djina Djolo Jean Marc Junior Berté Kama Yapi Yapo Magloire |
| author_facet | Coulibaly Noufou Koné Siaka Djina Djolo Jean Marc Junior Berté Kama Yapi Yapo Magloire |
| author_sort | Coulibaly Noufou |
| collection | DOAJ |
| description | Since its independence in 1960, Cфte d’Ivoire has opted for an industrial
policy that has given rise to two major types of agrofood industry. The
first is small-scale units owned by nationals and the second is agro-food
industries owned by large international firms that mainly export their
products. This strategy has led to commodity specialisation that
deteriorates the terms of trade. Thus, despite a significant industrial
sector, the country suffers from deteriorating trade terms due to an overly
extroverted economy, the corollary of which is over-indebtedness. This paper
compares the performance of domestic and international markets of Cфte
d’Ivoire to identify the type of agro-food industry that should be promoted
for development. The ripple effects in domestic and international markets
are estimated and compared using the Leontief model and data from the Cфte
d’Ivoire Input-Output Table of 2018. We show that the cocoa and coffee
processing branch of the agro-food industry is commercially
outward-oriented, the oilseed industry is commercially mixed or
dual-oriented, and the other branches are commercially inward-oriented. The
ripple effects of the domestic market are almost four times higher than
those of the external market. The high rate of population growth, galloping
urbanization and the social nature of food are key determinants of the
findings. We conclude that the domestic market better stimulates the
development of the agro-food industry. We therefore recommend a strategy of
orienting products towards domestic and West African markets, which could
lead the country to sustainable economic development more rapidly. |
| first_indexed | 2024-12-22T12:40:58Z |
| format | Article |
| id | doaj.art-b271ecf6f428438da68da9ea1e554c28 |
| institution | Directory Open Access Journal |
| issn | 0013-3264 1820-7375 |
| language | English |
| last_indexed | 2024-12-22T12:40:58Z |
| publishDate | 2021-01-01 |
| publisher | Faculty of Economics, Belgrade |
| record_format | Article |
| series | Ekonomski Anali |
| spelling | doaj.art-b271ecf6f428438da68da9ea1e554c282022-12-21T18:25:26ZengFaculty of Economics, BelgradeEkonomski Anali0013-32641820-73752021-01-0166229375910.2298/EKA2129037C0013-32642129037CAn analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’IvoireCoulibaly Noufou0Koné Siaka1Djina Djolo Jean Marc Junior2Berté Kama3Yapi Yapo Magloire4Management and Applied Economics Department, Institut National Polytechnique Houphouлt Boigny, Yamoussoukro, Côte d’IvoireManagement and Applied Economics Department, Institut National Polytechnique Houphouлt Boigny, Yamoussoukro, Côte d’IvoireManagement and Applied Economics Department, Institut National Polytechnique Houphouлt Boigny, Yamoussoukro, Côte d’IvoireManagement and Applied Economics Department, Institut National Polytechnique Houphouлt Boigny, Yamoussoukro, Côte d’IvoireAgriculture and Animal Science Department, Institut National Polytechnique Houphouлt Boigny, Yamoussoukro, Côte d’IvoireSince its independence in 1960, Cфte d’Ivoire has opted for an industrial policy that has given rise to two major types of agrofood industry. The first is small-scale units owned by nationals and the second is agro-food industries owned by large international firms that mainly export their products. This strategy has led to commodity specialisation that deteriorates the terms of trade. Thus, despite a significant industrial sector, the country suffers from deteriorating trade terms due to an overly extroverted economy, the corollary of which is over-indebtedness. This paper compares the performance of domestic and international markets of Cфte d’Ivoire to identify the type of agro-food industry that should be promoted for development. The ripple effects in domestic and international markets are estimated and compared using the Leontief model and data from the Cфte d’Ivoire Input-Output Table of 2018. We show that the cocoa and coffee processing branch of the agro-food industry is commercially outward-oriented, the oilseed industry is commercially mixed or dual-oriented, and the other branches are commercially inward-oriented. The ripple effects of the domestic market are almost four times higher than those of the external market. The high rate of population growth, galloping urbanization and the social nature of food are key determinants of the findings. We conclude that the domestic market better stimulates the development of the agro-food industry. We therefore recommend a strategy of orienting products towards domestic and West African markets, which could lead the country to sustainable economic development more rapidly.http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642129037C.pdfcфte d’ivoireagri-businessagricultural policytrade ripple effectagricultural trade |
| spellingShingle | Coulibaly Noufou Koné Siaka Djina Djolo Jean Marc Junior Berté Kama Yapi Yapo Magloire An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire Ekonomski Anali cфte d’ivoire agri-business agricultural policy trade ripple effect agricultural trade |
| title | An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire |
| title_full | An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire |
| title_fullStr | An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire |
| title_full_unstemmed | An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire |
| title_short | An analysis of the performance of the agro-food industry in the domestic and international markets of Côte d’Ivoire |
| title_sort | analysis of the performance of the agro food industry in the domestic and international markets of cote d ivoire |
| topic | cфte d’ivoire agri-business agricultural policy trade ripple effect agricultural trade |
| url | http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642129037C.pdf |
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