Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains

This study examines whether major Nigerian export firms exert market power over Nigerian cocoa farmers in the form of incomplete price transmission. A common indicator of efficient and functioning markets is the presence of a high level of market integration, while a lack of integration could be an...

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Autor principal: Ajetomba, Joshua Olusegun
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2014
Materias:
Acceso en línea:https://hdl.handle.net/10568/149987
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author Ajetomba, Joshua Olusegun
author_browse Ajetomba, Joshua Olusegun
author_facet Ajetomba, Joshua Olusegun
author_sort Ajetomba, Joshua Olusegun
collection Repository of Agricultural Research Outputs (CGSpace)
description This study examines whether major Nigerian export firms exert market power over Nigerian cocoa farmers in the form of incomplete price transmission. A common indicator of efficient and functioning markets is the presence of a high level of market integration, while a lack of integration could be an indication of private traders’ market power. This study pays special attention to export firms’ pricing behavior in the post-liberalization period. Our analyses are based on (i) monthly firm-level price data from major Nigerian cocoa beans exporting companies and (ii) monthly farm gate prices between 1986 and 2009.
format Artículo preliminar
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institution CGIAR Consortium
language Inglés
publishDate 2014
publishDateRange 2014
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publisherStr International Food Policy Research Institute
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spelling CGSpace1499872025-11-06T06:13:39Z Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains Ajetomba, Joshua Olusegun cocoa beans supply chains exports trade prices This study examines whether major Nigerian export firms exert market power over Nigerian cocoa farmers in the form of incomplete price transmission. A common indicator of efficient and functioning markets is the presence of a high level of market integration, while a lack of integration could be an indication of private traders’ market power. This study pays special attention to export firms’ pricing behavior in the post-liberalization period. Our analyses are based on (i) monthly firm-level price data from major Nigerian cocoa beans exporting companies and (ii) monthly farm gate prices between 1986 and 2009. 2014 2024-08-01T02:50:24Z 2024-08-01T02:50:24Z Working Paper https://hdl.handle.net/10568/149987 en Open Access application/pdf International Food Policy Research Institute Ajetomobi, Joshua Olusegun. 2014. Post-Liberalization Markets, Export Firm Concentration, and Price Transmission along Nigerian Cocoa Supply Chains. AGRODEP Working Paper 0005. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/149987
spellingShingle cocoa beans
supply chains
exports
trade
prices
Ajetomba, Joshua Olusegun
Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains
title Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains
title_full Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains
title_fullStr Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains
title_full_unstemmed Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains
title_short Post-liberalization markets, export firm concentration, and price transmission along Nigerian cocoa supply chains
title_sort post liberalization markets export firm concentration and price transmission along nigerian cocoa supply chains
topic cocoa beans
supply chains
exports
trade
prices
url https://hdl.handle.net/10568/149987
work_keys_str_mv AT ajetombajoshuaolusegun postliberalizationmarketsexportfirmconcentrationandpricetransmissionalongnigeriancocoasupplychains