Arbeitspapier
Proximity and price co-movement in West African rice markets
This study explores the link between proximity and price cointegration between two markets, where proximity is captured with variables for geographical, political and cultural distance. Linear and threshold cointegration is tested for a set of 756 rice market pairs in 6 West African countries, with threshold specifications accounting for transaction costs. Whether proximity influences price transmission is determined in a second step with a multinomial logistic regression. The estimation produces robust and statistically significant evidence of a link with air-line and road distance, international borders, contiguity and a common language. We conclude that proximity matters for market integration processes in West African rice markets.
- Sprache
-
Englisch
- Erschienen in
-
Series: GlobalFood Discussion Papers ; No. 38
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Organizational Behavior; Transaction Costs; Property Rights
Production, Pricing, and Market Structure; Size Distribution of Firms
Agriculture: Aggregate Supply and Demand Analysis; Prices
Agriculture in International Trade
- Thema
-
West Africa
cointegration
developing countries
agricultural trade
rice
commodity prices
transaction costs
regional integration
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Mengel, Caroline
Cramon-Taubadel, Stephan von
- Ereignis
-
Veröffentlichung
- (wer)
-
Georg-August-Universität Göttingen, Research Training Group (RTG) 1666 - GlobalFood
- (wo)
-
Göttingen
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Mengel, Caroline
- Cramon-Taubadel, Stephan von
- Georg-August-Universität Göttingen, Research Training Group (RTG) 1666 - GlobalFood
Entstanden
- 2014
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