de Melo, Jaime; Olarreaga, Marcelo; Takacs, Wendy - In: Review of Development Economics 4 (2000) 1, pp. 1-20
This paper uses a price-leadership model of the international vanilla market to study the welfare consequences of alternative pricing policies for Madagascar, the leader, that also controls domestic production through a single-channel marketing system. Econometric estimates of the model are used...