Detecting threshold effects in price transmission

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dc.creatorTraoré, Fousseini
dc.creatorDiop, Insa
dc.date2021-10-21
dc.date2024-05-22T12:10:47Z
dc.date2024-05-22T12:10:47Z
dc.date.accessioned2026-06-27T15:24:40Z
dc.descriptionThe analysis of price transmission plays a key role in understanding markets integration. This helps identify the nature of the relationship between geographically distant markets and cross-commodity price transmission, as well as the impact of liberalization policies and the identification of regions exposed to systemic shocks. This technical contributes to the debate between symmetric and asymmetric price transmission and proposes to present the traditional and new approaches for detecting threshold effects in price transmission while focusing on their advantages and limitations. There is no one-size-fits-all method to detect threshold effects in price transmission. Experts need to select a combination of elements (context of study, the economy under consideration, data availability…) to justify the relevancy of their choice. Beyond the presentation of the methods for detecting thresholds in price transmission, we perform an application in the case of the rice market in Senegal. The results support the evidence of an asymmetric price transmission between world and domestic prices in the short-run and a symmetric transmission in the long-run.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/142635
dc.identifier.urihttp://hdl.handle.net/123456789/103560
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceTraore, Fousseini; and Diop, Insa. 2021. Detecting threshold effects in price transmission. AGRODEP Technical 22. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/142635
dc.subjectmodels
dc.subjectagriculture
dc.subjectmarkets
dc.subjecteconometric models
dc.subjectprices
dc.subjectagricultural markets
dc.titleDetecting threshold effects in price transmission
dc.typeWorking Paper

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)