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This study aims to improve our understanding of the extent and speed of the transmission of international cereal prices to local markets in developing countries. We undertake three types of analysis. First, we extract a sample of estimated measures of cereal price transmission (PT) from a...
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Agri-food systems in developing countries are undergoing a rapid transformation, characterized by modernizing supply chains and the rising importance of highervalue products. Participation of smallholder farmers in the emerging modern and high-value marketing channels is considered a crucial...
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This thesis addresses 3 different aspects of food and poverty related problems in developing countries. The first essay presents a new operational concept of transaction costs that firstly allows assessing the magnitude and secondly recognizing the non homogeneity of food products. This is...
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Most analysis of agricultural commodity market integration is solely based on price information. However, adding trade data can improve the understanding of interactions between interrelated markets. We link the analysis of price transmission processes between spot and futures markets with trade...
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Analysis of price transmission in transition countries is often complicated by unstable policy environments. We use a Markov-switching vector error-correction model (MSVECM) to model multiple regime shifts in the relationship between wheat and wheat flour prices in Ukraine from June 2000 to...
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