The effectiveness of the world coffee agreement: a simulation study using a quarterly model of the world coffee market

Author(s):  
Franz C. Palm ◽  
Ben Vogelvang
2019 ◽  
Vol 10 (3) ◽  
pp. 99-110
Author(s):  
Hui-Jung Chuang

Abstract Many young people want to work in coffee shops or even open coffee shops, so they set off a wave of entrepreneurship, but according to a survey by the world magazine, Entrepreneurial momentum is strong in Taiwan, and the proportion of entrepreneurship is higher than that of the United Kingdom, Singapore, South Korea, and Japan, second only to the United States, but Taiwan’s entrepreneurial “death rate” is also significantly higher than these countries. According to the information of the chief accounting office, Taiwan’s entrepreneurship rate was far greater than the rate of business closure before 2000, but after 2000, the chances of successful entrepreneurship fell sharply. Also, many people are used to sipping a cup of coffee in the morning to start a good day. In recent years, the coffee market has developed rapidly in Taiwan, and convenience stores have launched promotional advertisements for cheap coffee. However, we have found that Starbucks, a high-priced coffee brand, has not joined the ranks of cheap coffee. They still maintain their high price and high quality. The most important thing is that we did not see Starbucks ads on any TV commercials or print media. Why did Starbucks not use advertising, but still stand in front of the coffee market? Starbucks products often seem as a luxury. The most common cup of American coffee costs NT$100, whereas a cup of coffee at the convenience store costs only NT$45. Why are so many people willing to pay twice the price? The main reason is the quality and service of Starbucks. Enter into Starbucks, customers can order the beverages without the ice and full of milk, or anything which you want. Customers also enjoy free WIFI in the store, provide mobile phone charging or laptop socket, the staff will serve you with the most enthusiastic attitude. The brand advertise that as long as you ask for what he can do, the partners will meet your needs. In addition, Starbucks products are quite diversified, attracting a large number of consumer groups. From high-quality coffee, decaffeinated beverage juices and Frappuccino, to localized tea drinks in the Greater China region, the needs of every guest are met. Apart from the food, it also sells coffee makers, coffee beans, trendy mobile phone cases that are popular among young people, mobile power supplies, CDs in the store, and mugs and accompanying cups for various themes.


2010 ◽  
pp. 291-301
Author(s):  
John M. Talbot

The history of the world coffee market is a story of cycles of boom and bust. The most recent bust, one of the most severe in history, began in 1998 and started to ease in 2005. This period of severe crisis across the coffee producing countries in the developing world stimulated a growing interest in fair trade coffee as a means of helping the small farmers who were being devastated by historically low prices. As public interest and consumption grew, social scientists, as is their wont, set out to study the phenomenon. The result is the current bumper crop of books analyzing fair trade coffee.


Author(s):  
Ludovika Jannoke ◽  
Iwan Setya Budi ◽  
Astra Agus Pramana

<em>Steamflood is the most successful thermal EOR applied throughout the world and have produced the biggest portion of oil from EOR methods. As high intensity energy and associated cost are put to produce oil, optimization in any level can have tremendous impacts. Optimization in steamflood operation can be achieved by optimizing steam injection (rate, time), especially in mature pattern/ field or nearing the end of field life/ abandonment. This objective can be done thru utilization of retained heat in the reservoir and overburden/ underburden as they are not instantaneously produced with fluids. By using reservoir simulation, it can be shown that injection is not necessary to be continue until abandonment but can be stopped at a much earlier time hence a much profitable steamflood operation can be achieved.</em>


2010 ◽  
Vol 62 (1) ◽  
pp. 97-107 ◽  
Author(s):  
Atanu Ghoshray
Keyword(s):  

Author(s):  
Madeline D. Cabauatan Et.al

The main objective of the study was to evaluate item nonresponse procedures through a simulation study of different nonresponse levels or missing rates. A simulation study was used to explore how each of the response rates performs under a variety of circumstances. It also investigated the performance of procedures suggested for item nonresponse under various conditions and variable trends. The imputation methods considered were the cell mean imputation, random hotdeck, nearest neighbor, and simple regression. These variables are some of the major indicators for measuring productive labor and decent work in the country. For the purpose of this study, the researcher is interested in evaluating methods for imputing missing data for the number of workers and total cost of labor per establishment from the World Bank’s 2015 Enterprise Survey for the Philippines. The performances of the imputation techniques for item nonresponse were evaluated in terms of bias and coefficient of variation for accuracy and precision. Based on the results, the cell-mean imputation was seen to be most appropriate for imputing missing values for the total number of workers and total cost of labor per establishment. Since the study was limited to the variables cited, it is recommended to explore other labor indicators. Moreover, exploring choice of other clustering groups is highly recommended as clustering groups have great effect in the resulting estimates of imputation estimation. It is also recommended to explore other imputation techniques like multiple regression and other parametric models for nonresponse such as the Bayes estimation method. For regression based imputation, since the study is limited only in using the cluster groupings estimation, it is highly recommended to use other possible variables that might be related to the variable of interest to verify the results of this study.


Author(s):  
Grzegorz Maciejewski ◽  
Sylwia Mokrysz

The aim of the article is to present trends in consumption, which currently affect or will affect the behaviour of coffee consumers in the next 2-5 years. The article is written in the form of theoretical considerations supported by an analysis of source materials. It presents the main megatrends, consumer trends and product trends observed on the coffee market. It also describes relations between the aforementioned phenomena and consumer behaviour. The analysis of the collected data made it possible to conclude that the main trends determining consumer behaviour are naturalness and sustainability, health and nutrition, multisensory experience, convenience, digitalisation and individualisation. In order to meet these trends, producers and sellers of coffee will also want to gain an influence on the choices and preferences of coffee consumers by supporting and developing such product trends as: craft coffee time, the ice age is coming, ready to drink coffee, co-branding to dial up indulgence, convenient formats go premium, the rise of super coffee or the world of smart vending machines.


2016 ◽  
Vol 25 (1) ◽  
pp. 43 ◽  
Author(s):  
Reni Kustiari

<strong>English</strong><br />The fast growing trend of world coffee production in the world creates an excess of its supply, encouraging a more intense of competition among the exporting countries.  This situation leads to a decreasing trend of fluctuate price of world coffee. The objective of this paper is to assess the world coffee market behavior in order to make an appropriate strategy and direction of coffee industry policies. Indonesia’s market share in traditional market tends to decrease, and therefore, it is necessary to diversify market destination and commodity composition, in addition to efforts to increase the export of processed coffee.<br /><br /><br /><strong>Indonesian</strong><br />Pesatnya perkembangan produksi kopi dunia telah menyebabkan terjadinya kelebihan pasokan kopi dunia sehingga mengakibatkan persaingan antar negara produsen menjadi semakin ketat dan pada akhirnya harga cenderung tertekan. Tulisan ini bertujuan mengkaji perkembangan pasar kopi dunia agar dapat menjadi pertimbangan dalam menyusun strategi dan arah kebijakan komoditas kopi Indonesia. Pangsa pasar kopi Indonesia di pasar-pasar tradisional cenderung menurun, oleh karena itu diperlukan upaya-upaya antara lain mendiversifikasi pasar tujuan dan produk kopi serta meningkatkan ekspor kopi olahan.


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