This paper analyses vertical relationships between wholesale and retail prices in three local rice markets in Côte d’Ivoire. The aim of the paper is to ascertain whether the popular complaint of consumers about the asymmetric price transmission holds true. Our empirical analysis makes use of...

By applying a Seemingly Unrelated Regression Model on Family Income and Expenditure Survey (FIES) data, the study examines the relationship of household rice and noodle consumption in the Philippines. Results show that noodles are already a substitute good for rice, but rice is not a substitute...