Rice market integration in the Mekong river delta: the successful liberalisation of the domestic food market in Vietnam

Luu Thanh Duc Hai, Clemens Lutz and Cornelis Praagman
Additional contact information
Cornelis Praagman: Groningen University

No 04B10, Research Report from University of Groningen, Research Institute SOM (Systems, Organisations and Management)

Abstract: This article analyses the spatial price differences in the rice market of the Mekong River Delta to assess the impact of the liberalisation policies on its functioning. The results of these policies carried out during the last two decades are impressive. The rice market system in the Delta is competitive. Price patterns strongly cohere and are integrated with the regulated export prices. However, price patterns in other regions and in particular in the North, are only weakly integrated with price patterns in the South. Private traders in the South satisfy local demand and deal with State Owned Enterprises (SOEs) involved in exports and transactions with the North. In the framework of the national food security policy, the state owned food companies subsidise transactions between the South and the North. Therefore, no profitable long distance trade can be established. Moreover, the state owned food companies acquire nearly all licences to export (quota). We conclude that, despite all the dramatic changes, the liberalisation process still faces major challenges.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://irs.ub.rug.nl/ppn/26544490X (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://irs.ub.rug.nl/ppn/26544490X [302 Found]--> https://irs.ub.rug.nl/ppn/26544490X [302 Found]--> https://www.rug.nl/research/portal/publications/pub(bee3b7c5-0fd3-4baa-8e1a-a4d8d8f294d4).html [301 Moved Permanently]--> https://research.rug.nl/en/publications/pub(bee3b7c5-0fd3-4baa-8e1a-a4d8d8f294d4).html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gro:rugsom:04b10

Access Statistics for this paper

More papers in Research Report from University of Groningen, Research Institute SOM (Systems, Organisations and Management) Contact information at EDIRC.
Bibliographic data for series maintained by Hanneke Tamling ().