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Output, prices and labour costs in the sugar industry

  • Central Bank Of Barbados
  • 22 Jul,1991
  • 39
  • Working Papers,
  • Print

In empirical tests covering the last three decades the export price of sugar and the cost of labour do not seem to be the primary factors in the precipitate decline in sugar production. Tests of the effect of real estate development on the decline in sugar acreage are suggestive, but inconclusive.

WP1991-09