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

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

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: 2025-04-17

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