Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers?

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dc.creatorIlyasov, Jarilkasin
dc.creatorGötz, Linde
dc.creatorAkramov, Kamiljon T.
dc.creatorDorosh, Paul A.
dc.creatorGlauben, Thomas
dc.date2016-08-05
dc.date2024-06-21T09:23:38Z
dc.date2024-06-21T09:23:38Z
dc.date.accessioned2026-06-27T15:16:28Z
dc.descriptionThe extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have examined these issues for countries in Central Asia, however. This paper aims to fill this gap by examining wheat market integration and price transmission in Tajikistan, the most food-insecure country in Central Asia. In particular, in this study we measure how well wheat market prices in Tajikistan are integrated with international and regional markets, as well as domestically with each other. Subsequently, we assess the nature of price transmission between these markets. Using horizontal price transmission analysis and asymmetric price relationships, a.k.a. rockets and feathers, we demonstrate how prices change in peripheral food-shortage markets compared to markets located in zones with abundant local production.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/147995
dc.identifier.urihttp://hdl.handle.net/123456789/99595
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.relationhttps://hdl.handle.net/10568/152568
dc.relationhttps://hdl.handle.net/10568/153817
dc.rightsOpen Access
dc.sourceIlyasov, Jarilkasin; Götz, Linde; Akramov, Kamiljon T.; Dorosh, Paul A.; Glauben, Thomas. 2016. Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? IFPRI Discussion Paper 1547. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/147995
dc.subjectmarket prices
dc.subjectfood policies
dc.subjectcommodities
dc.subjectagricultural policies
dc.subjectprice formation
dc.subjectmarkets
dc.subjectmarket access
dc.subjectfood security
dc.subjectwheat
dc.subjectprices
dc.titleMarket integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers?
dc.typeWorking Paper

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)