Synopsis: Market integration in Mozambique: A non-parametric extension to the threshold model

Since well-functioning markets are important for economic development, policymakers need to make sure that the right policies that promote a vibrant market system are in place. This policy note is a synthesis of a technical paper that assesses the degree of maize market integration in Mozambique usi...

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Detalles Bibliográficos
Autor principal: Van Campenhout, Bjorn
Formato: Brief
Lenguaje:Inglés
Portugués
Publicado: International Food Policy Research Institute 2015
Materias:
Acceso en línea:https://hdl.handle.net/10568/150266
Descripción
Sumario:Since well-functioning markets are important for economic development, policymakers need to make sure that the right policies that promote a vibrant market system are in place. This policy note is a synthesis of a technical paper that assesses the degree of maize market integration in Mozambique using a new technique an iterative process between parametric threshold modeling and kernel smoothing that allows one to estimate transaction costs in a more flexible way