Unavailability of high frequency, weekly or daily data compels most studies of price transmission in developing countries to use low frequency, monthly data for their analyses. Analyzing price dynamics with monthly data may however yield imprecise price adjustment parameters and lead to wrong...

The government of Malawi in 2004 initiated an ICT-based Malawi Agricultural Commodity Exchange (MACE), a market information service project, to improve access by farmers to market information. MACE was intended to improve the efficiency of agricultural markets as part of the strategy to improve...

Price transmission between the South African market and other regional markets is not as straightforward, despite South Africa’s role of a surplus producer for the region. There appears to be a host of local factors that must be taken into account in order to anticipate the likely level of...

We investigate measurement of market integration of staple food markets in developing countries. The analysis takes the Parity Bound Model as starting point and modifies this model by parameterizing and estimating transaction costs. The specification of transaction costs takes account of...

Integrating subsistence producers from developing and emerging countries with the world market is seen as a way out poverty. Market integration analyses have been predominately the domain of economists who generally indicate that only socioeconomic and institutional factors such as cost of doing...

The instability of world prices of traditional cash crops led to the promotion of nontraditional crops. Among the latter, vegetable farming is positioned as strategic cropping for meeting urban and periurban food consumption in most West African countries. Seasonality differences between coastal...

Developing countries have been promoting initiatives that aim at reducing information asymmetry among market players especially smallholder farmers. Using co-integration error correction models, the study assessed effectiveness of modern Information and Communication Technologies (ICT) based...