The effect of the National Food Reserve Agency on maize market prices in Tanzania

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dc.creatorPierre, Guillaume
dc.creatorPauw, Karl
dc.creatorMagrini, Emiliano
dc.date2018-03-01
dc.date2024-06-21T09:05:16Z
dc.date2024-06-21T09:05:16Z
dc.date.accessioned2026-06-27T15:33:04Z
dc.descriptionTanzania's National Food Reserve Agency has a mandate to ensure food security through procuring, reserving and recycling grain (primarily maize) in a cost‐effective manner. This mandate excludes a price stabilization role. Procurement prices, based on production costs, are often set above market prices to encourage production. Several disbursements channels exist: grain provided free or at a discount to targeted vulnerable households; subsidized sales to millers; and sales to prisons or nongovernmental aid programs, typically at market‐related prices. Given the perception that these activities are distortive, we use time‐series econometrics to model maize price dynamics in select wholesale markets to capture the Agency's market impact. We find that its pricing strategy had an insignificant impact on prices during 2010/11–2014/15 despite a fairly significant presence in at least some regional markets. We recommend that the Agency reconsiders offering a price premium on procured maize or selling maize at discount to millers, as limited market spill‐over effects imply the benefits are captured by only a few, even though its practice of providing subsidized or free maize to vulnerable people is not in question. Furthermore, current storage capacity expansion plans are not required and inconsistent with its food security mandate.
dc.identifierhttps://hdl.handle.net/10568/145884
dc.identifier.urihttp://hdl.handle.net/123456789/107564
dc.languageen
dc.publisherWiley
dc.rightsLimited Access
dc.sourcePierre, Guillaume; Pauw, Karl; and Magrini, Emiliano. The effect of the National Food Reserve Agency on maize market prices in Tanzania. Review of Development Economics. 22(2): 540-557. https://doi.org/10.1111/rode.12374
dc.subjectmarket prices
dc.subjectfood policies
dc.subjectagricultural policies
dc.subjectsocial protection
dc.subjectmaize
dc.subjecteconometrics
dc.subjectfood security
dc.titleThe effect of the National Food Reserve Agency on maize market prices in Tanzania
dc.typeJournal Article

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)