This study analyzes the domestic price effects of export controls for all 3 KRU countries during the 2007/08 as well as the 2010/11 commodity price peaks. We develop two indicators to measure the strength of the export controls’ price damping and price insulating effect within a non-linear...

In this paper we explore whether the Spanish retail fuel markets are integrated at the regional level. We perform a comparative analysis of the transmission of international wholesale fuel prices to retail fuel prices. Our results are in favor of market segmentation, since the degree of cost...

Over the last decade, Mozambique has experienced drastic increases in food prices, with serious implications for households’ real income. A deeper understanding of how food prices are spatially transmitted from global to domestic markets is thus fundamental for designing policy measures...

This paper investigates the integration of the Ethiopian grain market to the world market; and within country grain markets integration. To this end, two cereal crop markets: wheat and maize, have been investigated. For maize the integration into the world market is analyzed using the US and...

International economic integration has been a central policy goal for the Vietnam government since the doi moi reform was initiated in 1986. We explore the Vietnamese increasing integration into the world market and bouts of high inflation. Five price transmission models using three levels of...

This study analyzes the domestic price effects of export controls for all 3 KRU countries during the global commodity price peaks. We develop two indicators to measure the strength of the export controls’ price damping and price insulating effect within a non-linear long-run price transmission...

This study tests the long-run and short-run integration of maize markets in Malawi using the co-integration approach within the Vector Autoregressive modeling framework. The analysis is extended to Wald-F Granger Causality tests to see the direction of causality between maize markets. A total of...