ARAUJO, Claudio; BONJEAN, Catherine ARAUJO; COMBES, … - Centre d'Études et de Recherches sur le Développement … - 2001
The aim of this paper is to highlight an aspect of devaluation that is generally ignored in the literature, namely, its positive impact on domestic trade. We develop a parity bounds model for cattle markets of Burkina Faso with two regimes of prices, autarkic and integrated, consistent with...