Estimating policy effects on spatial market efficiency: An extension of the parity bounds model

cg.contributor.affiliationInternational Livestock Research Instituteen_US
cg.coverage.countryEthiopiaen_US
cg.coverage.iso3166-alpha2ETen_US
cg.coverage.regionAfricaen_US
cg.coverage.regionEastern Africaen_US
cg.identifier.doihttps://doi.org/10.1111/j.1467-8276.2007.00979.xen_US
cg.issn0002-9092en_US
cg.issn1467-8276en_US
cg.issue2en_US
cg.journalAmerican Journal of Agricultural Economicsen_US
cg.subject.ilriAGRICULTUREen_US
cg.subject.ilriCROPSen_US
cg.subject.ilriMARKETSen_US
cg.volume89en_US
dc.contributor.authorNegassa, A.en_US
dc.contributor.authorMyers, R.J.en_US
dc.date.accessioned2011-07-05T18:35:35Zen_US
dc.date.available2011-07-05T18:35:35Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/4129en_US
dc.titleEstimating policy effects on spatial market efficiency: An extension of the parity bounds modelen_US
dcterms.abstractThe standard parity bounds model (PBM) is extended to allow for dynamic shifts in regime probabilities in response to changes in marketing policy. The approach allows estimation of the length of the adjustment period and a statistical test for no policy effects. The extended PBM is applied to maize and wheat markets in Ethiopia. Evidence of a dynamic adjustment path is found and grain marketing reforms are found to have improved spatial efficiency in a few markets, worsened it in a few others, but generally to have had little effect on the spatial efficiency of Ethiopian grain markets.en_US
dcterms.accessRightsLimited Accessen_US
dcterms.available2007-05en_US
dcterms.bibliographicCitationNegassa, A. and Myers, R.J. 2007. Estimating policy effects on spatial market efficiency: An extension of the parity bounds model. American Journal of Agricultural Economics 89(2): 338-352en_US
dcterms.extentp. 338-352en_US
dcterms.issued2007-05en_US
dcterms.languageenen_US
dcterms.licenseCopyrighted; all rights reserveden_US
dcterms.publisherWileyen_US
dcterms.typeJournal Articleen_US

Files

License bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.69 KB
Format:
Item-specific license agreed upon to submission
Description: