Three decades of market liberalization policy in Mali: An analysis of the grain markets
Jean-Claude Bizimana,
David Bessler () and
Francis Keita
No 236210, 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association
Abstract:
This paper analyzes the level of integration in 9 grain markets in Mali. The results indicate an interdependence among markets where, in majority of cases, more than 56 percent of price variation is due to shocks emanating from Segou market. Ségou market exhibited a high level of interaction with other markets, behaving mostly as a price information leader. Some markets behaved as source of price information, however, without taking a clear price leadership role. This high level of grain market interaction may be attributed to the location of Segou on main road axis linking deficit and surplus production region, establishing itself as a grain commercial hub.
Keywords: Demand and Price Analysis; International Development (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea16:236210
DOI: 10.22004/ag.econ.236210
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