Analyzing grain market efficiency in developing countries: review of existing methods and extensions to the parity bounds model
This paper discusses a modeling approach that extends and improves the standard parity bounds model (PBM) of spatial market efficiency by analyzing the dynamic effects of marketing policy changes. The model facilitates an improved understanding of the patterns of adjustment in grain marketing effici...
| Main Authors: | , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2003
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/158062 |
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