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

This work provides a comparison of methodologies for applied research in price transmission analysis. We compare two regime-dependent econometric models, namely the threshold vector error correction model and the Markov-switching vector error correction model. We first provide a conceptual...

We compare two regime-dependent econometric models for price transmission analysis, namely the threshold vector error correction model and Markov-switching vector error correction model. We first provide a detailed characterization of each of the models which is followed by a comprehensive...

We assess market integration and price transmission of perishableagricultural produce in Sub-Saharan Africa by studying Ghanaian tomato marketswhich are characterized by pronounced seasonality in production and trade flows.We analyse the tomato markets of Ghana by simultaneously regarding its...

Spatial market equilibrium theory views trade flow as the driving force behind market integration. We assess spatial price transmission between domestic tomato markets in Ghana to ascertain whether spatial price transmission veritably depends on direct trade between markets, or whether other...

The analysis of price transmission in transition countries is complicated by their often unstable policy environments. We utilise a Markov-switching vector error correction model (MSVECM) to allow for multiple regime shifts in the price relationship between wheat and wheat flour in Ukraine from...

Studies on the causes for asymmetries in vertical price transmission date back to decades ago, but the attention of theorists and empirical economists is still vivid. In particular the role of perishability is not fully defined. We investigate the vertical price transmission for a heterogeneous...

The perennial shrub sea buckthorn (Hippophae rhamnoidesL.) provides multiple products that are beneficial to hu-man health. In addition, the plant can also be used to combat desertification. In contrast to the vast ecological,agronomic and nutritional literature on this species, little is known...

Quantification of welfare changes due to trade liberalisation play a crucial role for political decision making. However, meaningful comparisons of simulation results from different sources are difficult. Often significant differences in simulated gains from liberalisation do not serve to...

The Israeli citrus export sector was liberalized in 1991 with the aim to increase citrus growers'income and to improve overall efficiency of the international citrus marketing channel. However,the former government export monopoly's activities were mainly taken over by four largecompanies...