INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT
ISSN 1849-7020 (print)
ISSN 1849-7551 (online)

Latest articles


INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT

Cocoa is one of the main goods in the world agricultural trade markets, occupying the third position in exports (Blare and Useche, 2013; Díaz-Montenegro, 2019; Galarza, 2012). It is mainly concentrated in the tropics, in Africa, which concentrates two thirds of world production and where Côte d’Ivoire is the main country with around 40% of the world production (Voora et al., 2019).

INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT

One of the factors that determine the extent of positive impact of natural resource extraction is the level of local content (LC) in the industry. The World Trade Organization (WTO, 2011) defines local content requirements, synonymously referred to as domestic content requirements as a “requirement that the investor purchase a certain amount of local materials for incorporation in the investor’s product”.

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