Moctar, Ndiaye; Elodie, Maitre d’Hôtel; Tristan, Le Cotty - 2015
This paper addresses the role of market remoteness in explaining maize price volatility in Burkina Faso. A model of … price formation is introduced to demonstrate formally that transport costs between urban and rural markets exacerbate maize … price volatility. Empirical support is provided to the proposition by exploring an unusually rich data set of monthly maize …