Growing condition variations and grain prices in Niger and Nigeria

Rainfall shocks, markets and food crises: the effect of drought on grain markets in Niger

Patrick Hatzenbuehler, Philip Abbott and Tahirou Abdoulaye

European Review of Agricultural Economics, 2020, vol. 47, issue 1, 273-295

Abstract: In this paper, we describe how both the existing degree of price correspondence and tradability are important factors explaining why and the extent to which grain price relationships adjust due to growing condition variations. For a set of maize and millet markets in Niger and Nigeria with different agro-ecological characteristics and strengths of price relationships, we use normalised difference vegetation index (NDVI) data to identify years with weather-related production shocks. We then measure the degree to which price transmission between the commercial hub and reference market in each country in the anomalous weather years varies from that in normal years.

Keywords: price transmission; remote sensing data; agricultural price; agricultural development (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (5)

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