What drives local food prices ? evidence from the Tanzanian maize market

John Baffes (), Varun Kshirsagar and Donald Mitchell

No 7338, Policy Research Working Paper Series from The World Bank

Abstract: This study quantifies the relationship between Tanzanian and external maize markets while also accounting for domestic influences. It concludes that external influences on domestic prices originate from regional, rather than global, markets. It also shows that, compared to external factors, domestic factors exert a greater influence on Tanzanian maize markets. Further, the mechanisms through which trade policies influence maize markets involve interactions with both external market shocks and domestic weather shocks. Overall, it provides evidence that the intermittent imposition of export bans in Tanzania has had adverse impacts on its maize markets, and consequently, on the development of its agrarian economy.

Keywords: Emerging Markets; Markets and Market Access; Access to Markets; Climate Change Economics; Food&Beverage Industry (search for similar items in EconPapers)
Date: 2015-06-26
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Citations: View citations in EconPapers (10)

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Related works:
Journal Article: What Drives Local Food Prices? Evidence from the Tanzanian Maize Market (2019)
Working Paper: What Drives Local Food Prices? Evidence from the Tanzanian Maize Market (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:7338

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