Competition in Kenyan Markets and Its Impact on Income and Poverty : A Case Study on Sugar and Maize

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dc.creatorArgent, Jonathan
dc.creatorBegazo, Tania
dc.date2015-02-03T17:13:29Z
dc.date2015-02-03T17:13:29Z
dc.date2015-01
dc.date.accessioned2026-07-01T00:50:41Z
dc.descriptionThis paper investigates the link between competitive, well-functioning food markets and consumer welfare. The paper explores two key food markets in Kenya -- sugar and maize -- and argues that a variety of factors conspire to distort market prices upward. Distortionary factors include import tariff policy, nontariff barriers, potential anticompetitive conduct by firms, and direct state intervention in markets. Changes in sugar and maize prices are shown to have significant welfare effects on consumers. Equivalent income effects are estimated using the most recent available representative household survey data -- the Kenya Integrated Household Budget Survey 2005/06. The paper shows that relaxing trade barriers to allow sugar prices to fall by 20 percent could reduce poverty by 1.5 percent. Similarly, adjusting government interventions in the maize market, which have been shown to inflate maize prices by 20 percent on average, could reduce poverty by 1.8 percent. The magnitude of the estimated income effects may vary based on updated household-level consumption data, assumptions regarding demand elasticities, and estimates of import parity prices for these staples. However, in all the scenarios, more competitive prices have a larger average effect on the poorest households in urban and rural areas, supporting the relevance of effective competition policies for poverty reduction strategies.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2015/01/23884246/competition-kenyan-markets-impact-income-poverty-case-study-sugar-maize
dc.identifierhttps://hdl.handle.net/10986/21395
dc.identifierhttps://doi.org/10.1596/1813-9450-7179
dc.identifier.urihttp://hdl.handle.net/123456789/411845
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank Group, Washington, DC
dc.relationPolicy Research Working Paper;No. 7179
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURE
dc.subjectAVERAGE ANNUAL HOUSEHOLD CONSUMPTION
dc.subjectAVERAGE PRICES
dc.subjectBARRIERS TO COMPETITION
dc.subjectBARS
dc.subjectBEET SUGAR
dc.subjectBENCHMARK
dc.subjectBENCHMARKS
dc.subjectBORDER PRICE
dc.subjectCANE SUGAR
dc.subjectCARTEL
dc.subjectCEREALS
dc.subjectCHANGES IN PRICES
dc.subjectCLIMATE
dc.subjectCOCOA
dc.subjectCOLLUSION
dc.subjectCOMMODITY
dc.subjectCOMMODITY MARKETS
dc.subjectCOMMON MARKET
dc.subjectCOMPETITION POLICIES
dc.subjectCOMPETITION POLICY
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPETITIVE MARKETS
dc.subjectCOMPETITIVE PRICES
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMERS
dc.subjectCONSUMPTION INCREASES
dc.subjectCONSUMPTION LEVELS
dc.subjectCONSUMPTION PATTERNS
dc.subjectCROSS PRICE
dc.subjectDEVELOPMENT POLICY
dc.subjectDISPOSABLE INCOME
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRICES
dc.subjectDOMESTIC PRODUCTION
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectEXCESS DEMAND
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORTS
dc.subjectFAIR
dc.subjectFINANCIAL CRISIS
dc.subjectFINISHED PRODUCT
dc.subjectFINISHED PRODUCTS
dc.subjectFIXED COSTS
dc.subjectFIXED RATE
dc.subjectFLOUR
dc.subjectFOOD MARKETS
dc.subjectFOOD PRICES
dc.subjectFOREIGN COMPETITION
dc.subjectFREE TRADE
dc.subjectFUTURES
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGOVERNMENT INVOLVEMENT
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGROWTH POTENTIAL
dc.subjectHOUSEHOLD BEHAVIOR
dc.subjectIMPORT QUOTAS
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME EFFECT
dc.subjectINCOME EFFECTS
dc.subjectINCOME GROUPS
dc.subjectINCOME HOUSEHOLDS
dc.subjectINCOME LEVELS
dc.subjectINCOMES
dc.subjectINFLATION
dc.subjectINTERNATIONAL COMPETITION
dc.subjectINTERNATIONAL MARKET
dc.subjectINVESTMENT CLIMATE
dc.subjectLIBERALIZATION
dc.subjectLOWER INCOME HOUSEHOLDS
dc.subjectLOWER PRICES
dc.subjectMAIZE
dc.subjectMARKET ENTRY
dc.subjectMARKET PRICES
dc.subjectMARKET SHARE
dc.subjectMARKET STRUCTURE
dc.subjectMEAL
dc.subjectMILLS
dc.subjectMONETARY FUND
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectPACKAGING
dc.subjectPER CAPITA CONSUMPTION
dc.subjectPORRIDGE
dc.subjectPREFERENTIAL ACCESS
dc.subjectPREMIUM PRICE
dc.subjectPRICE CHANGE
dc.subjectPRICE CHANGES
dc.subjectPRICE COMPETITION
dc.subjectPRICE DECREASE
dc.subjectPRICE DECREASES
dc.subjectPRICE ELASTICITY
dc.subjectPRICE ELASTICITY OF DEMAND
dc.subjectPRICE FIXING
dc.subjectPRICE FLUCTUATIONS
dc.subjectPRICE INCREASE
dc.subjectPRICE INCREASES
dc.subjectPRICE SERIES
dc.subjectPRICE SETTING
dc.subjectPRICE VARIATION
dc.subjectPRICING PRACTICES
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPURCHASING
dc.subjectREAL INCOME
dc.subjectREGIONAL TRADE
dc.subjectREGULATOR
dc.subjectRETAIL
dc.subjectRETAIL MARKET
dc.subjectRETAIL PRICE
dc.subjectRETAIL PRICES
dc.subjectSALE
dc.subjectSALES
dc.subjectSCENARIOS
dc.subjectSTOCKS
dc.subjectSUBSTITUTE
dc.subjectSUBSTITUTION
dc.subjectSUCROSE
dc.subjectSUGAR
dc.subjectSUGAR CANE
dc.subjectSUGAR FACTORIES
dc.subjectSUGAR INDUSTRY
dc.subjectSUPPLIERS
dc.subjectSUPPLY SIDE
dc.subjectTARIFF BARRIERS
dc.subjectTAX
dc.subjectTOTAL CONSUMPTION
dc.subjectTRADE BARRIERS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectUNCERTAINTIES
dc.subjectVALUE ADDED
dc.subjectVITAMINS
dc.subjectVOLATILITY
dc.subjectWELFARE ANALYSIS
dc.subjectWHEAT
dc.subjectWHOLESALE MARKET
dc.subjectWHOLESALE PRICES
dc.subjectWHOLESALERS
dc.subjectWORLD MARKET
dc.subjectWORST-CASE
dc.titleCompetition in Kenyan Markets and Its Impact on Income and Poverty : A Case Study on Sugar and Maize

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