Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81033
Authors: 
Baltzer, Kenneth
Year of Publication: 
2013
Series/Report no.: 
WIDER Working Paper 2013/031
Abstract: 
This paper synthesizes the evidence on price transmission from international maize, rice and wheat markets to domestic markets in fourteen developing countries during the global food crisis in 2007-08. A great variation in the price transmission patterns is observed; from almost no price pass-through in China and India, over close relationship between international and domestic prices in Brazil and South Africa, to substantial domestic price overshooting in Ethiopia and Nigeria. Much of this variation can be explained by price stabilization policies, public policy failure, incomplete market integration, and coinciding domestic shocks.
Subjects: 
Price transmission
global food crisis
cereal prices
JEL: 
F1
O5
ISBN: 
978-92-9230-608-3
Document Type: 
Working Paper

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