This paper empirically examines the asymmetric price setting behavior on exchange rate volatility from foreign firms of Korea’s major trading partners which causes an incomplete exchange rate pass-through into import prices in Korea. The study demonstrates that there exists a significant...

Access by smallholder farmers to markets has traditionally been constrained by lack of market information. Yet progress in smallholder agriculture is inconceivable without greater market participation. The desire to strengthen farmer access to market has thus resulted in the emergence of many...

A wide variety of farm household models have provided a valuable theoretical basis for empirical and conceptual analysis of interactions between production and consumption resource allocations of poor rural people. A weakness of common applications of many such models, and unfortunately of much...

CAADP is an exciting change process of the African Union (AU) and the New Partnership for Africa’s Development (NEPAD) to shape African agricultural policy making and development from within the continent. CAADP covers a wide range of issues from natural resource management through...

Consumers’ taste and preference for differentiated cocoa based on darkness and flavour quality has been rising over the years. Added value of such specialty cocoa is expressed by consumers’ willingness to pay more than the standard commodity price for the attributes and associations such as...

During the past decades farmers in Sub-Saharan Africa had been prevented from making more intensive use of their mostly under-utilised production potentials by unattractive prices and market conditions, which in many countries were reinforced by a less than conducive policy environment. At the...

This paper analyses the roles that local non-governmental organisations (NGOs) can play in agricultural development in Sub-Saharan Africa. Two fundamental roles are commonly discerned: service delivery and advocacy as civil society organisation. Based on empirical research in Benin, the paper...

In the wake of a severe economic crisis in the 1980s Costa Rica abandoned an import substitution model of development adopted in the 1960s and implemented policies supporting foreign investment and the diversification of its exports. This study presents an application of the model proposed by...

Elasticities of import demand and supply often drive economic models, but few empirical estimates of these elasticities exist for vegetables and fruits. For those that do exist, most are outdated. Because elasticities change over time as income, prices, and market conditions change, outdated...