Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers?
The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have examined these issues for countries in Central Asia, however. This paper aims to fill this gap by examini...
| Main Authors: | , , , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2016
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/147995 |
| _version_ | 1855525445347311616 |
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| author | Ilyasov, Jarilkasin Götz, Linde Akramov, Kamiljon T. Dorosh, Paul A. Glauben, Thomas |
| author_browse | Akramov, Kamiljon T. Dorosh, Paul A. Glauben, Thomas Götz, Linde Ilyasov, Jarilkasin |
| author_facet | Ilyasov, Jarilkasin Götz, Linde Akramov, Kamiljon T. Dorosh, Paul A. Glauben, Thomas |
| author_sort | Ilyasov, Jarilkasin |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have examined these issues for countries in Central Asia, however. This paper aims to fill this gap by examining wheat market integration and price transmission in Tajikistan, the most food-insecure country in Central Asia. In particular, in this study we measure how well wheat market prices in Tajikistan are integrated with international and regional markets, as well as domestically with each other. Subsequently, we assess the nature of price transmission between these markets. Using horizontal price transmission analysis and asymmetric price relationships, a.k.a. rockets and feathers, we demonstrate how prices change in peripheral food-shortage markets compared to markets located in zones with abundant local production. |
| format | Artículo preliminar |
| id | CGSpace147995 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1479952025-11-06T06:14:19Z Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? Ilyasov, Jarilkasin Götz, Linde Akramov, Kamiljon T. Dorosh, Paul A. Glauben, Thomas market prices food policies commodities agricultural policies price formation markets market access food security wheat prices The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have examined these issues for countries in Central Asia, however. This paper aims to fill this gap by examining wheat market integration and price transmission in Tajikistan, the most food-insecure country in Central Asia. In particular, in this study we measure how well wheat market prices in Tajikistan are integrated with international and regional markets, as well as domestically with each other. Subsequently, we assess the nature of price transmission between these markets. Using horizontal price transmission analysis and asymmetric price relationships, a.k.a. rockets and feathers, we demonstrate how prices change in peripheral food-shortage markets compared to markets located in zones with abundant local production. 2016-08-05 2024-06-21T09:23:38Z 2024-06-21T09:23:38Z Working Paper https://hdl.handle.net/10568/147995 en https://hdl.handle.net/10568/152568 https://hdl.handle.net/10568/153817 Open Access application/pdf International Food Policy Research Institute Ilyasov, Jarilkasin; Götz, Linde; Akramov, Kamiljon T.; Dorosh, Paul A.; Glauben, Thomas. 2016. Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? IFPRI Discussion Paper 1547. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/147995 |
| spellingShingle | market prices food policies commodities agricultural policies price formation markets market access food security wheat prices Ilyasov, Jarilkasin Götz, Linde Akramov, Kamiljon T. Dorosh, Paul A. Glauben, Thomas Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? |
| title | Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? |
| title_full | Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? |
| title_fullStr | Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? |
| title_full_unstemmed | Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? |
| title_short | Market integration and price transmission in Tajikistan’s wheat markets: Rising like rockets but falling like feathers? |
| title_sort | market integration and price transmission in tajikistan s wheat markets rising like rockets but falling like feathers |
| topic | market prices food policies commodities agricultural policies price formation markets market access food security wheat prices |
| url | https://hdl.handle.net/10568/147995 |
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