摘要
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This paper analyses the impact of the Indo-Asean Free Trade Agreement (FTA) on three major plantation crops, viz. coffee, pepper and natural rubber (NR) grown predominantly in Kerala. The impact is analysed in light of the respons...
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This paper analyses the impact of the Indo-Asean Free Trade Agreement (FTA) on three major plantation crops, viz. coffee, pepper and natural rubber (NR) grown predominantly in Kerala. The impact is analysed in light of the response of these crops to trade liberalization during the last 18 years. The study finds that price instability of coffee had increased during the liberalization phase. On the contrary, price instability of NR and pepper registered a fall during the liberalization as compared to the pre-liberalization phase. Coffee price declined by -15.64% per annum while NR price grew by 5.08%, while the rate of growth of pepper price was positive but not very significant during liberalization. The area under NR and coffee did not change during the liberalization period while the area under pepper experienced a positive break in the mid-1990s. Pepper productivity did not experience any significant break while coffee productivity took a shift in 1992-93. NR productivity did break up from its past trend to attain a higher positive growth path in the first half of the 2000s.
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