A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market

Spatial interactions are essential drivers of price transmission mechanisms and may significantly affect any food’s policy outcomes. However, spatial aspects seem to be generally overlooked when analyzing price transmission. This paper attempts to fill this gap by highlighting the usefulness of spat...

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Main Authors: Goundan, Anatole, Tankari, Mahamadou Roufahi
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2016
Subjects:
Online Access:https://hdl.handle.net/10568/146180
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author Goundan, Anatole
Tankari, Mahamadou Roufahi
author_browse Goundan, Anatole
Tankari, Mahamadou Roufahi
author_facet Goundan, Anatole
Tankari, Mahamadou Roufahi
author_sort Goundan, Anatole
collection Repository of Agricultural Research Outputs (CGSpace)
description Spatial interactions are essential drivers of price transmission mechanisms and may significantly affect any food’s policy outcomes. However, spatial aspects seem to be generally overlooked when analyzing price transmission. This paper attempts to fill this gap by highlighting the usefulness of spatial interaction and models for market integration analysis. A spatial dynamic panel datamodel is presented and applied to Niger’s millet market. Empirical results show that (1) the millet market is partly integrated, (2) locally traded commodities (millet and sorghum) are linked by a cross-commodity price transmission, (3) most imported cereals prices, which for Niger is maize and rice, did not affect the millet market, and (4) no cross-regions price transmissionoccurred for the millet market.
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spelling CGSpace1461802025-11-06T07:19:03Z A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market Goundan, Anatole Tankari, Mahamadou Roufahi market structure agricultural products commodities markets econometrics spatial analysis experimental design Spatial interactions are essential drivers of price transmission mechanisms and may significantly affect any food’s policy outcomes. However, spatial aspects seem to be generally overlooked when analyzing price transmission. This paper attempts to fill this gap by highlighting the usefulness of spatial interaction and models for market integration analysis. A spatial dynamic panel datamodel is presented and applied to Niger’s millet market. Empirical results show that (1) the millet market is partly integrated, (2) locally traded commodities (millet and sorghum) are linked by a cross-commodity price transmission, (3) most imported cereals prices, which for Niger is maize and rice, did not affect the millet market, and (4) no cross-regions price transmissionoccurred for the millet market. 2016-06-09 2024-06-21T09:06:06Z 2024-06-21T09:06:06Z Working Paper https://hdl.handle.net/10568/146180 en https://hdl.handle.net/10568/152568 https://hdl.handle.net/10568/149486 https://hdl.handle.net/10568/154137 https://hdl.handle.net/10568/149816 https://hdl.handle.net/10568/149402 Open Access application/pdf International Food Policy Research Institute Goundan, Anatole and Tankari, Mahamadou Roufahi. 2016. A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market. IFPRI Discussion Paper 1536. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/146180
spellingShingle market structure
agricultural products
commodities
markets
econometrics
spatial analysis
experimental design
Goundan, Anatole
Tankari, Mahamadou Roufahi
A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market
title A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market
title_full A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market
title_fullStr A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market
title_full_unstemmed A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market
title_short A dynamic spatial model of agricultural price transmission: Evidence from the Niger millet market
title_sort dynamic spatial model of agricultural price transmission evidence from the niger millet market
topic market structure
agricultural products
commodities
markets
econometrics
spatial analysis
experimental design
url https://hdl.handle.net/10568/146180
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AT goundananatole dynamicspatialmodelofagriculturalpricetransmissionevidencefromthenigermilletmarket
AT tankarimahamadouroufahi dynamicspatialmodelofagriculturalpricetransmissionevidencefromthenigermilletmarket