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Anatomy of a Temporary Trade Shock: The Kenyan Coffee Boom of 1976–9

Anatomy of a Temporary Trade Shock: The Kenyan Coffee Boom of 1976–9 AbstractThe coffee boom of 1976–9 was an archetypal temporary external shock Using counter/actuals, we find that much of the windfall was saved, due to the private sector. However, the control regime constrained private responses, leading to an inefficient use of the windfall. Rather than Dutch Disease there was a construction boom. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of African Economies Oxford University Press

Anatomy of a Temporary Trade Shock: The Kenyan Coffee Boom of 1976–9

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Publisher
Oxford University Press
Copyright
© Centre for the Study of African Economies
ISSN
0963-8024
eISSN
1464-3723
DOI
10.1093/oxfordjournals.jae.a036751
Publisher site
See Article on Publisher Site

Abstract

AbstractThe coffee boom of 1976–9 was an archetypal temporary external shock Using counter/actuals, we find that much of the windfall was saved, due to the private sector. However, the control regime constrained private responses, leading to an inefficient use of the windfall. Rather than Dutch Disease there was a construction boom.

Journal

Journal of African EconomiesOxford University Press

Published: Aug 1, 1992

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