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We estimate pass-through effects of international food price movements into domestic food prices for 18 countries in the Middle East and North Africa, using threshold regressions. International price movements transmit to various degrees into domestic prices. Transmission is mostly asymmetric,...
Persistent link: https://www.econbiz.de/10010953055
This study analyses how changes in factor abundance and openness have affected relative factor prices in Kenya since 1965, using cointegration analysis and error correction models of relative factor prices. We find that factor proportions determined relative factor prices in the long run, while...
Persistent link: https://www.econbiz.de/10005644382