How Is the Liberalization of Food Markets Progressing? Market Integration and Transaction Costs in Subsistence Economies

How Is the Liberalization of Food Markets Progressing? Market Integration and Transaction Costs in Subsistence Economies

The paper proposes a modification of Baulch's parity bounds model to measure the market integration of food markets in developing countries. Instead of extrapolating a single observation of transaction costs, it estimates transaction costs. Pr...

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Bibliographic Details
Main Author:	Zant, Wouter
Format:	Policy Research Working Paper
Language:	English en_US
Published:	2013
Subjects:	ACCOUNTING ADVERSE IMPACTS AGRICULTURAL COMMODITY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURE ARBITRAGE BAGGING BANK CREDIT CAPACITY BUILDING COMPARATIVE ADVANTAGE COMPETITIVE EQUILIBRIUM COMPETITIVE MARKET COMPETITIVE MARKETS CONGESTION CONSTANT RETURNS TO SCALE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMERS COSTS OF TRANSPORT CREDIT CONSTRAINTS DEMAND FOR TRANSPORT DEMAND FOR TRANSPORT SERVICES DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT PROJECTS DIESEL DUMMY VARIABLES ECONOMETRICS ECONOMIES OF SCALE EFFICIENT MARKETS ELASTICITY EQUATIONS EXCESS DEMAND EXCESS SUPPLY EXPORTER EXPORTS FAMINE FOOD AID FOOD MARKETS FOOD POLICY FOOD PRICES FOOD REQUIREMENTS FOOD SECURITY FOOD SHORTAGE FOOD SHORTAGES FREIGHT FUEL FUEL PRICE FUEL PRICES FUTURE RESEARCH GDP GOVERNMENT INVOLVEMENT HAZARDS HIGH TRANSPORT HOMOGENEOUS GOOD IMPERFECT COMPETITION INCREASING RETURNS INCREASING RETURNS TO SCALE INDEX NUMBERS INSPECTION INTERNATIONAL BANK INTERNATIONAL TRANSPORT INTERPOLATION INVESTING LENDING INTEREST RATES LEVIES LIQUIDITY LIQUIDITY CONSTRAINTS
Online Access:	http://documents.worldbank.org/curated/en/2013/01/17195348/liberalization-food-markets-progressing-market-integration-transaction-costs-subsistence-economies http://hdl.handle.net/10986/12154

Internet

http://documents.worldbank.org/curated/en/2013/01/17195348/liberalization-food-markets-progressing-market-integration-transaction-costs-subsistence-economies
http://hdl.handle.net/10986/12154

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