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Determinants That Influenced Mexican Cocoa Beans Exports During 1996–2016

In: Strategic Innovative Marketing and Tourism

Author

Listed:
  • Rubén Molina Martínez

    (Universidad Michoacana de San Nicolás de Hidalgo)

  • María Fernanda Ramos Martínez

    (Universidad Michoacana de San Nicolás de Hidalgo)

Abstract

Cocoa is one of the most traded goods around the world. México produced the first cocoa beans for more than two thousand years ago and it is one of the biggest cocoa beans producer and exporter in the world. This paper addresses the context of Mexican cocoa in international trade; which aims to identify the determinants of cocoa exports during 1996–2016 and evaluate how they influenced through the development of an econometric model to which various tests were applied in order to obtain the correlation coefficient between the variables and the significance of the model. This research contemplates the variables: production, production costs and international price, where production and production cost had a positive impact while international price had a negative impact. This paper also arises a brief explanation of why they may have influenced and how this impact can be handled in the future.

Suggested Citation

  • Rubén Molina Martínez & María Fernanda Ramos Martínez, 2020. "Determinants That Influenced Mexican Cocoa Beans Exports During 1996–2016," Springer Proceedings in Business and Economics, in: Androniki Kavoura & Efstathios Kefallonitis & Prokopios Theodoridis (ed.), Strategic Innovative Marketing and Tourism, pages 917-924, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-36126-6_101
    DOI: 10.1007/978-3-030-36126-6_101
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