A Model of West African Millet Prices in Rural Markets

dc.creatorBrown, Molly
dc.creatorHiggins, Nathaniel
dc.creatorHintermann, Beat
dc.date2017-08-04T13:45:43Z
dc.date.accessioned2026-07-09T07:11:39Z
dc.descriptionIn this article we specify a model of millet prices in the three West African countries of Burkina Faso, Mali, and Niger. Using data obtained from USAID’s Famine Early Warning Systems Network (FEWS NET) we present a unique regional cereal price forecasting model that takes advantage of the panel nature of our data, and accounts for the flow of millet across markets. Another novel aspect of our analysis is our use of the Normalized Difference Vegetation Index (NDVI) to detect and control for variation in conditions for productivity. The average absolute out-of-sample prediction error for 4- month-ahead millet prices is about 20 %.
dc.identifierdoi:10.22004/ag.econ.150714
dc.identifierhttps://ageconsearch.umn.edu/record/150714/files/Higgins-Millet-AAEA-poster-paper.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/150714
dc.identifier.urihttp://hdl.handle.net/123456789/585557
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/150714
dc.titleA Model of West African Millet Prices in Rural Markets
dc.typeText

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