Foodgrain market integration under market reforms in Egypt

Using urban price data for the period 1976 to 1992 and rural price data for the period 1982 to 1992, the study assesses the degree of market integration for wheat, maize and rice. The study finds that i) reforms have not destabilized foodgrain prices; ii) there is some indication that the degree of...

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Autores principales: Goletti, Francesco, Badiane, Ousmane, Sil, Jayashree
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1994
Materias:
Acceso en línea:https://hdl.handle.net/10568/156856
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author Goletti, Francesco
Badiane, Ousmane
Sil, Jayashree
author_browse Badiane, Ousmane
Goletti, Francesco
Sil, Jayashree
author_facet Goletti, Francesco
Badiane, Ousmane
Sil, Jayashree
author_sort Goletti, Francesco
collection Repository of Agricultural Research Outputs (CGSpace)
description Using urban price data for the period 1976 to 1992 and rural price data for the period 1982 to 1992, the study assesses the degree of market integration for wheat, maize and rice. The study finds that i) reforms have not destabilized foodgrain prices; ii) there is some indication that the degree of segmentation among food grain markets has decreased during the reform period, especially for rural wheat and maize markets; iii) urban markets exhibit a much higher degree of market segmentation, particularly for wheat; and iv) the extent of market integration in terms of the magnitude of market interdependence and speed of price transmission was until 1992 very limited. Urban markets seemed to have a lower magnitude of integration than those of rural areas and the speed of adjustment was higher among these markets, reflecting the better communication and infrastructure network in urban areas.
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publishDate 1994
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spelling CGSpace1568562025-11-06T07:19:55Z Foodgrain market integration under market reforms in Egypt Goletti, Francesco Badiane, Ousmane Sil, Jayashree markets prices grain marketing Using urban price data for the period 1976 to 1992 and rural price data for the period 1982 to 1992, the study assesses the degree of market integration for wheat, maize and rice. The study finds that i) reforms have not destabilized foodgrain prices; ii) there is some indication that the degree of segmentation among food grain markets has decreased during the reform period, especially for rural wheat and maize markets; iii) urban markets exhibit a much higher degree of market segmentation, particularly for wheat; and iv) the extent of market integration in terms of the magnitude of market interdependence and speed of price transmission was until 1992 very limited. Urban markets seemed to have a lower magnitude of integration than those of rural areas and the speed of adjustment was higher among these markets, reflecting the better communication and infrastructure network in urban areas. 1994 2024-10-24T12:45:51Z 2024-10-24T12:45:51Z Working Paper https://hdl.handle.net/10568/156856 en Open Access application/pdf International Food Policy Research Institute Goletti, Francesco; Badiane, Ousmane; Sil, Jayashree. 1994. Foodgrain market integration under market reforms in Egypt. MTID Discussion Paper 1. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/156856
spellingShingle markets
prices
grain
marketing
Goletti, Francesco
Badiane, Ousmane
Sil, Jayashree
Foodgrain market integration under market reforms in Egypt
title Foodgrain market integration under market reforms in Egypt
title_full Foodgrain market integration under market reforms in Egypt
title_fullStr Foodgrain market integration under market reforms in Egypt
title_full_unstemmed Foodgrain market integration under market reforms in Egypt
title_short Foodgrain market integration under market reforms in Egypt
title_sort foodgrain market integration under market reforms in egypt
topic markets
prices
grain
marketing
url https://hdl.handle.net/10568/156856
work_keys_str_mv AT golettifrancesco foodgrainmarketintegrationundermarketreformsinegypt
AT badianeousmane foodgrainmarketintegrationundermarketreformsinegypt
AT siljayashree foodgrainmarketintegrationundermarketreformsinegypt