"This paper explores how the elimination of Madagascar's Marketing Board in 1995 affected prices paid to farmers …, incentives, and regional indicators of poverty and inequality. After steadily losing market share, Madagascar has been able to … spectacularly narrowed down, but this effect is dwarfed by that of world-price volatility. A counterfactual analysis based on a …

This paper explores how the elimination of Madagascar's Vanilla Marketing Board (VMB) in 1993 affected prices paid to … intermediaries has contributed to raise purchase prices and the cash income of vanilla farmers. After taking into account the … reduction in Madagascar's monopoly power on the world vanilla market implied by the elimination of the VMB, the induced rise in …

This paper explores how the elimination of Madagascar's Marketing Board in 1995 affected prices paid to farmers …, incentives, and regional indicators of poverty and inequality. After steadily losing market share, Madagascar has been able to … spectacularly narrowed down, but this effect is dwarfed by that of world-price volatility. A counterfactual analysis based on a …