Unavailability of high frequency, weekly or daily data compels most studies of price transmission in developing countries to use low frequency, monthly data for their analyses. Analyzing price dynamics with monthly data may however yield imprecise price adjustment parameters and lead to wrong...

The global food crisis led to upward trends in food prices across the world. The millions of impoverished people living in developing countries including Ghana were the worst affected by the phenomenal increases in world food prices. This paper examines the implications of the global food crisis...

This study uses a rich dataset of 85 market pairs between January 2000 and October 2008 for Kenya, Tanzanian and Uganda, the three largest member countries of the East Africa Community, to analyze the factors determining national and cross-national maize price transmission. Although the three...

Deficiencies of micronutrients such as vitamin A are widespread, expecially in Africa. Biofortified crops such as maize, bred for high levels of provitamin A might offer a solution, but these crops are often bright orange, and African maize consumers prefer white. To estimate the consumers...

This study determines if a preference for round prices exists in the wheat market and how wheat sales react to price movements around whole dollar amounts. The results show round prices are slightly more prevalent than non-round prices and that transactions increase when price moves above a...

Using time series data we examine behavior of pecan prices and inventories at zero and seasonal frequencies, given results of seasonal cointegration tests. Both, seasonally unadjusted and adjusted quarterly data are used (1991-2002). Results suggest that, first, shelled and total pecan...

In 1991, mandatory warning labels were imposed on the sale of oysters harvested from the Gulf of Mexico. Using an IAIDS model, this paper investigates the impact of these labels on the demand for Gulf product as well related oyster products (the Chesapeake, the Pacific, and imports).

This paper uses the Almost Ideal Demand System (AIDS) model to analyze two issues 1) The effect of the implementation of mandatory country of origin labeling and 2) the effect of the tariff on Vietnamese basa. The data would suggest that the first effort (COOL), in 2002, of the CFA to help...

This paper finds that branded fresh beef expenditures increased from 20.8 percent in 1998 to 28.6 percent in 2004 for all fresh beef expenditures. In addition, geographic location, household income, household race, and household size were found to affect the likelihood of branded fresh beef...