What Drives Local Food Prices? Evidence from the Tanzanian Maize Market

John Baffes (), Varun Kshirsagar and Donald Mitchell

No 211193, 2015 Conference, August 9-14, 2015, Milan, Italy from International Association of Agricultural Economists

Abstract: We quantify the relationship between Tanzanian and external maize markets while also accounting for domestic influences. We conclude that external influences on domestic prices originate from regional, rather than global, markets. We also show 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, we provide 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: Food Consumption/Nutrition/Food Safety; Food Security and Poverty (search for similar items in EconPapers)
Pages: 49
Date: 2015
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (14)

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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:ags:iaae15:211193

DOI: 10.22004/ag.econ.211193

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