Are Staple Food Markets in Africa Efficient? Spatial Price Analyses and Beyond
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The main objective of this paper is to examine whether the staple food markets in Africa are efficient. It does so by outlining a conceptual framework for understanding spatial food price variation, summarizing the results from existing studies in market integration in sub-Saharan Africa, and providing evidence from recently conducted surveys on the determinants of market efficiency. The paper is organized following this sequence and concludes with a summary and policy implications.