Cadot, Olivier; Dutoit, Laure; Melo, Jaime de - In: Journal of African Economies 18 (2009) 3, pp. 388-430
This paper explores how the elimination of Madagascar's Vanilla Marketing Board (VMB) in 1993 affected prices paid to farmers, incentives and indicators of poverty and inequality using household survey data and simulation analysis. Following the reforms, margins between FOB and farmgate prices...