International to domestic price transmission in fourteen developing countries during the 2007-08 food crisis
Publikation: Working paper › Forskning
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International to domestic price transmission in fourteen developing countries during the 2007-08 food crisis. / Baltzer, Kenneth Thomas.
Helsinki : World Institute for Development Economics Research, United Nations University, 2013.Publikation: Working paper › Forskning
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TY - UNPB
T1 - International to domestic price transmission in fourteen developing countries during the 2007-08 food crisis
AU - Baltzer, Kenneth Thomas
PY - 2013
Y1 - 2013
N2 - This paper synthesizes the evidence on price transmission from international maize, rice and wheat markets to domestic markets in fourteen developing countries during the global food crisis in 2007-08. A great variation in the price transmission patterns is observed; from almost no price pass-through in China and India, over close relationship between international and domestic prices in Brazil and South Africa, to substantial domestic price overshooting in Ethiopia and Nigeria. Much of this variation can be explained by price stabilization policies, public policy failure, incomplete market integration, and coinciding domestic shocks.
AB - This paper synthesizes the evidence on price transmission from international maize, rice and wheat markets to domestic markets in fourteen developing countries during the global food crisis in 2007-08. A great variation in the price transmission patterns is observed; from almost no price pass-through in China and India, over close relationship between international and domestic prices in Brazil and South Africa, to substantial domestic price overshooting in Ethiopia and Nigeria. Much of this variation can be explained by price stabilization policies, public policy failure, incomplete market integration, and coinciding domestic shocks.
KW - ???International økonomi og politik???
KW - Price transmission
KW - Global food crisis
KW - Cereal prices
M3 - Working paper
T3 - WIDER Working Paper
BT - International to domestic price transmission in fourteen developing countries during the 2007-08 food crisis
PB - World Institute for Development Economics Research, United Nations University
CY - Helsinki
ER -
ID: 103181064