What Drives Local Food Prices? Evidence from the Tanzanian Maize Market

No hay miniatura disponible

Fecha

Autores

Título de la revista

ISSN de la revista

Título del volumen

Editor

Published by Oxford University Press on behalf of the World Bank

Resumen

Descripción

We examine the drivers of monthly changes in maize prices across 18 Tanzanian markets. Local prices respond three to four times faster to the main regional market (Nairobi) than to the international benchmark (US Gulf). More importantly, shocks from Nairobi account for only one third of the explained variation in domestic prices; the remaining two-thirds is accounted for by domestic influences (including harvest cycles, weather shocks, and trade policies). Further, we show that remoteness and the local agroecology systematically influence the behavior of food prices.
1

Palabras clave

MAIZE, FOOD PRICES, PRICE TRANSMISSION, TRADE POLICY, WEATHER ANOMALIES, WEATHER SHOCK

Citación

URI

http://hdl.handle.net/123456789/408767

Ver documento

https://hdl.handle.net/10986/34293

Colecciones

AgroKnow