The paper examines marketing patterns when interest and storage loss rates are greater in rural zones, representing informal sector storage usually on-farm, than in urban zones, representing formal sector storage off-farm. Empirical results indicate that divergences in interest and storage loss...

This paper shows how credit market failures can lead to large welfare losses in grain markets by inducing increased transport for seasonal storage in locations with low credit costs. The burden of these welfare losses falls primarily on rural households. These conclusions are obtained from a...

We employ a mixed complementarity problem (MCP) approach to a spatial and temporal equilibrium model of the maize market in Mozambique. The MCP approach efficiently captures interactions between transpost costs and interest rates, which captures interactions between transport costs and interest...

This paper outlines the complex historical legacy and structural adjustment efforts in Mozambique in addition to reviewing recent economic developments. An in-depth analysis of new and more reliable national accounts data show that macroeconomic stabilisation has occurred through recovery from a...

In this paper, we identify potential efficiency and equity gains from trade policy reforms in Mozambique. Particular attention is paid to reducing the observed high level of duty free importation and to studying whether differential gender specific impacts exist. Accordingly, the CGE model...

This paper documents a Vietnam Social Accounting Matrix (SAM) for the year 2007. The national SAM is based on newly estimated supply-use tables, national accounts, state budgets, and balance of payments. The SAM reconciles these data using cross-entropy estimation techniques. The final SAM is a...

The consequences of climate change for agriculture and food security in developing countries are of serious concern. Due to their reliance on rain-fed agriculture, both as a source of income and consumption, many low-income countries are considered to be the most vulnerable to climate change....

Although Mozambique has considerable agricultural potential, rural poverty remains extremely high. This paper examines the extent to which global and domestic price distortions affect agricultural production and national poverty. The author develops a computable general equilibrium (CGE) and...