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Land Fragmentation and Market Integration - Heterogeneous Technologies in Kosovo
Sauer, Johannes; Davidova, Sophia; Gorton, Matthew - Gesellschaft für Wirtschafts- und Sozialwissenschaften … - 2012
This paper empirically measures the prevalence of heterogeneous technologies in a sample of small-scale agricultural producers as an answer to structural conditions and market risks. Such risks are closely linked to the effects of land fragmentation and the degree of market integration. We use...
Persistent link: https://www.econbiz.de/10010920657
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Interregional integration of wheat markets in Kazakhstan
Brosig, Stephan; Yahshilikov, Yorbol - Leibniz-Institut für Agrarentwicklung in … - 2005
Reliable marketing opportunities in both interregional and international trade along with relatively low transportation [and transaction] costs are essential to profitability of wheat production. In this study we have investigated one aspect of the quality of marketing and trade opportunities in...
Persistent link: https://www.econbiz.de/10008597144
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Die Marktprämie im EEG 2012: Ein sinnvoller Beitrag zur Markt- und Systemintegration erneuerbarer Energien?
Gawel, Erik; Purkus, Alexandra - Department Ökonomie, Helmholtz Zentrum für … - 2012
Marktintegration, d. h. die Einbeziehung in den Steuerungs- und Ver-gütungsmechanismus des Strommarktes, sowie ihrer Systemintegration … in seiner aktuellen Ausgestaltung zur Marktintegration und/oder zur Systemintegration beiträgt, und ob es grundsätzlich … lassen, und welche Zusatzkosten der Integrationsadministrierung dabei entstehen (Effizienz). Während die Marktintegration i …
Persistent link: https://www.econbiz.de/10010980523
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Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa
Debrun, Xavier; Pattillo, Catherine A.; Masson, Paul R. - International Monetary Fund (IMF) - 2010
This paper develops a full-fledged cost-benefit analysis of monetary integration, and applies it to the currency unions actively pursued in Africa. The benefits of monetary union come from a more credible monetary policy, while the costs derive from real shock asymmetries and fiscal disparities....
Persistent link: https://www.econbiz.de/10008560420
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Trade policy reforms in the new agricultural context: Is regional integration a priority for Sub-Saharan African countries agricultural-led industrialization? Insights from a globa...
Douillet, Mathilde - International Association of Agricultural Economists - IAAE - 2012
Global general equilibrium simulations of “regional” (within Sub-Saharan Africa –SSA-) and “multilateral” (Doha and preferential) trade integration are compared to assess policy reform priorities. Their coherence with the objective of agriculture-led industrialization is tested. New...
Persistent link: https://www.econbiz.de/10011069628
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Analyzing Developing Country Market Integration with Incomplete Price Data Using Cluster Analysis
Ansah, Isaac Gershon; Gardebroek, Cornelis; Ihle, Rico; … - International Agricultural Trade Research Consortium - IATRC - 2014
Recent global food price developments have spurred renewed interest in analyzing integration of local markets to global markets. A popular approach to quantify market integration is cointegration analysis. However, local market price data often has missing values, outliers, or short and...
Persistent link: https://www.econbiz.de/10011167763
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Euro Area Policies; 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Direct...
International Monetary Fund (IMF); International … - 2007
The Euro Area Policies’ 2007 Article IV Consultation reports that the economy is poised for a sustained upswing because of cyclical considerations and policies, which have had a forward-looking cast. The area’s external position and the real effective exchange rate of the euro are...
Persistent link: https://www.econbiz.de/10011245374
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Developing Essential Financial Markets in Smaller Economies; Stylized Facts and Policy Options
International Monetary Fund (IMF); International … - 2008
This paper surveys the foreign exchange markets, money and secondary government security markets, and stock exchanges in 107 smaller economy countries. The underdevelopment of these markets impedes risk transfer, monetary policy, corporate financing, and the capacity to absorb capital inflows....
Persistent link: https://www.econbiz.de/10011245902
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What Determines Bond Market Development in Sub-Saharan Africa?
Adelegan, Olatundun Janet; Radzewicz-Bak, Bozena - International Monetary Fund (IMF) - 2009
This study empirically analyzes the determinants of bond market development in a cross section of 23 sub-Saharan African (SSA) countries between 1990 and 2008. It considers the stage of development and the size of the bond market, as well as the historical, structural, institutional and...
Persistent link: https://www.econbiz.de/10008559281
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Can Regional Cross-Listings Accelerate Stock Market Development? Empirical Evidence From Sub-Saharan Africa
International Monetary Fund (IMF); International … - 2008
This study analyzes the impact of regional cross-listing of stocks on the depth of the stock markets in sub-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have regional cross-listings. Using event study methodology,...
Persistent link: https://www.econbiz.de/10005769177