New estimates of pass-through coefficients for the Middle East and North Africa indicate that a rise of global food prices is transmitted to a significant degree into domestic food prices. Over the past decade, transmission from international to domestic prices has been particularly high for...

Globalization poses special challenges for economies in transition, particularly those which have been slow to reform systems of administered prices. Such allocation mechanisms now encounter significant friction from external market forces, and it is vital for policymakers to better anticipate...

The paper explores the characteristics of spatial price movements for fresh vegetables. The analysis is conducted on tomatoes and cauliflowers prices collected on main production and consumption European markets. It is based on the estimation of an asymmetric threshold autoregressive econometric...

In many markets, empirical evidence suggests that positive production cost shocks are transmitted more quickly and fully to final prices than negative ones. This article explains asymmetric price adjustment caused by firms imperfectly colluding on supra-competitive price levels. While positive...

This paper investigates the integration of the Ethiopian grain market to the world market; and within country grain markets integration. To this end, two cereal crop markets: wheat and maize, have been investigated. For maize the integration into the world market is analyzed using the US and...

The paper explores the characteristics of spatial price dynamics for fresh vegetables. The analysis is carried out on selected EU prices for tomatoes and cauliflowers collected on some of the main production and consumption markets. It is based on the estimation of an time-varying threshold...

The Gabonese economy is poorly diversified and highly dependent on crude petroleum’s international price, and therefore on the fluctuations in the exchange rate (REER). This study aims to determine the effect of real exchange rate on the trade balance of Gabon. The data are from World Bank...