Optimal pricing of primary commodities in developing countries: A model from sub-Saharan Africa

Vista sencilla de ítem
dc.creatorEhui, Simeon K.
dc.date1997
dc.date2014-10-31T06:21:48Z
dc.date2014-10-31T06:21:48Z
dc.date.accessioned2026-06-27T16:37:08Z
dc.descriptionIn most developing countries, especially in sub-Saharan Africa, prices received by farmers are not optimal in the sense that they do not optimize government revenues. In this paper a dynamic model for optimal pricing of primary commodities is developed. The model and results demonstrate that optimal prices depend on marginal cost of the commodity stock, the exporting country's supply elasticity, the importing country's demand elasticity, the social rate of time discount. Therefore when the model is cast in a static framework, or the foreign elasticity of demand is not accounted for, the result could be biased.
dc.identifierhttps://hdl.handle.net/10568/50901
dc.identifier.urihttp://hdl.handle.net/123456789/128314
dc.languageen
dc.publisherIAEA
dc.rightsLimited Access
dc.subjectagricultural products
dc.subjectcommodity markets
dc.subjectprice fixing
dc.subjectmodels
dc.subjectprices
dc.subjectexports
dc.subjecttaxes
dc.subjectimports
dc.subjectdemand
dc.titleOptimal pricing of primary commodities in developing countries: A model from sub-Saharan Africa
dc.typeConference Paper

Archivos

Colecciones

Instituto Internacional de Investigaciones Pecuarias (ILRI)