Vertical Price Transmission in Local Rice Markets in Côte d’Ivoire: Are Consumers Really Right?

This paper analyses vertical relationships between wholesale and retail prices in three local rice markets in Côte d’Ivoire. The aim of the paper is to ascertain whether the popular complaint of consumers about the asymmetric price transmission holds true. Our empirical analysis makes use of threshold cointegration and error correction models and monthly data for the period 1990-1999. We found that wholesale and retail prices are cointegrated and increases in wholesale prices are passed on to retail prices more quickly than decreases.


Issue Date:
2012-12
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN(P): 2304-1455 (Other)
ISSN(E): 2224-4433 (Other)
PURL Identifier:
http://purl.umn.edu/198001
Published in:
Asian Journal of Agriculture and Rural Development, Volume 02, Number 04
Page range:
552-564
Total Pages:
13
Series Statement:
5-43-AJARD-552-564




 Record created 2017-04-01, last modified 2017-08-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)