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Commodity buffer stock redux: the role of International Cocoa Organization in prices and incomes (2011)
Journal Article
Swaray, R. (2011). Commodity buffer stock redux: the role of International Cocoa Organization in prices and incomes. Journal of policy modeling, 33(3), 361-369. https://doi.org/10.1016/j.jpolmod.2011.03.002

This paper utilizes linear demand and supply models, with additive independent shocks, to derive producer price and income variances of a typical commodity during and after a buffer stock control. It proceeds to use the models to evaluate Internation... Read More about Commodity buffer stock redux: the role of International Cocoa Organization in prices and incomes.