What Drives Local Food Prices?

Kshirsagar, Varun; Baffes, John; Mitchell, Donald

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

2015

Kshirsagar, Varun | Baffes, John | Mitchell, Donald

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.

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Mots clés AGROVOC

agricultural economics agricultural production agriculture animal feed arbitrage cereals climate climate change climate variability commercialization commodities commodity markets consumption cost of production demand democracy developing countries development economics domestic markets economic growth famine food food aid food availability food crops food policies food prices food processing food security food supply food surplus imports incentives income international trade maize market analysis market prices marketing markets policies price volatility prices pricing pricing policies products rice storage supply surplus taxes third world trade volatility wheat world markets

Informations bibliographiques

Editeur

World Bank, Washington, DC

D'autres materias

Product; Domestic market; Interest; Price spread; Investments; Price levels; International food policy research institute; Oil prices; Price setting; Price controls; Small country; Market forces; Commodity export; Civil war; External price; Price; Economic data; Price uncertainty; Commodity prices; External markets; Domestic prices; Security; Fuel prices; Supply chain; Share; Commodity; Growth rates; Oil price; Supply shocks; Famines; Incomes; Monetary fund; Pricing policy; Future; Consumer price index; Price movements; Liquid market; Value; External shocks; Soybean; Food staples; World market; Response to climate change; Deregulation; Domestic price; Lower prices; Food policy; Consumer price; Lower price; Market integration; Market; Price change; Spread; Market participants; Price adjustment; Food price; Domestic sources; Food policy research; Corn; Food processing facilities; Market infrastructure; External market; Market conditions; Exchange; Food markets; Low-income countries; Price changes; Price index; Policy; Substitute; Connectivity; Average price; Output

Langue

anglais

Format

application/pdf, text/plain

Licence

CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank

Type

Working Paper; Work; Working Paper

Sur AGRIS depuis: 2024-10-18

Date de modification: 2025-10-25

Format: Dublin Core

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Cette notice bibliographique a été fournie par World Bank

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Liens

DOI http://documents.worldbank.org/curated/en/2015/06/24711404/drives-local-food-prices-evidence-tanzanian-maize-market https://hdl.handle.net/10986/22221

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

2015

Mots clés AGROVOC

Informations bibliographiques