How connected are Chinese farmers to retail markets?: new evidence of price transmission

cg.contributor.affiliationInternational Water Management Instituteen
cg.coverage.countryChina
cg.coverage.iso3166-alpha2CN
cg.coverage.regionAsia
cg.coverage.regionEastern Asia
cg.identifier.doihttps://doi.org/10.1016/j.chieco.2011.07.010en
cg.issn1043-951Xen
cg.issue1en
cg.journalChina Economic Reviewen
cg.volume23en
dc.contributor.authorLiu, B.en
dc.contributor.authorKeyzer, M.en
dc.contributor.authorBoom, B. van denen
dc.contributor.authorZikhali, Preciousen
dc.date.accessioned2014-06-13T14:47:29Zen
dc.date.available2014-06-13T14:47:29Zen
dc.identifier.urihttps://hdl.handle.net/10568/40363
dc.titleHow connected are Chinese farmers to retail markets?: new evidence of price transmissionen
dcterms.abstractThis paper examines the extent to which Chinese farmers are connected to regional agricultural markets by looking at the intensity of price transmission from retail markets to the farmgate. This intensity is indicative of the extent to which farmers might benefit from improved marketing opportunities and be exposed to price risks. We estimate the elasticity of farmgate prices to retail prices using price data for 170 markets, in 29 out of 33 provinces of China, at the detail of 12 main products and for the five-year period 1996 to 2000. In each province we find strong linkages between retail and farmgate prices with elasticities ranging between 0.6 and 1 and intensifying over time. This suggests that Chinese farmers are generally well connected to retail markets and that this connectivity has strengthened in the period considered, creating not only new opportunities but also new risks. It is also found that linkages are relatively weak in inland provinces, which is a point of concern in view of Chinese policies to create equal opportunities and equitable growth.en
dcterms.accessRightsLimited Access
dcterms.bibliographicCitationLiu, B.; Keyzer, M.; Van Den Boom, B.; Zikhali, Precious. 2012. How connected are Chinese farmers to retail markets?: new evidence of price transmission. China Economic Review, 23(1):34-46. doi: https://doi.org/10.1016/j.chieco.2011.07.010en
dcterms.extentpp. 34-46en
dcterms.issued2012-03
dcterms.languageen
dcterms.licenseCopyrighted; all rights reserved
dcterms.publisherElsevieren
dcterms.subjectfarmersen
dcterms.subjectretail marketingen
dcterms.subjectmarketing marginsen
dcterms.subjectrisksen
dcterms.subjecteconometricsen
dcterms.subjectagricultural productsen
dcterms.typeJournal Article

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