Table 5 Definitions of the variables that are used in this study
Variable name | Definitions | Data source |
|---|---|---|
RPM | The relative price margin, which is the difference between farm gate and boarder price of cocoa and coffee | Calculated by authors using from www.icco.org and www.ico.org |
NRA | Nominal rate of assistance, the rate at which agricultural price is taxed or subsidized | World Bank agricultural distortions data |
Institution | Proxied by polity2. The polity score is computed by subtracting the p_autocracy score from the p_democracy score | Polity IV Projecta |
Mobile phone usage | The ratio of mobile technology use per 100 persons | data.worldbank.org |
Internet connectivity | The ratio of internet use per 100 persons | data.worldbank.org |
GDP per capita | Gross Domestic Product per capita | data.worldbank.org |
Inflation | Level of inflation, expressing annual changes of consumer prices | data.worldbank.org |
Public debt | This is actual nominal public debts expressed in US dollar | IMF, 2017 |
% of Rural popu. | Rate of rural population as percent of total population | data.worldbank.org |
Land per capita | Arable land expressed in ha divided by rural population | FAOSTAT |