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| Minten, Bart. |
| The effect of recent agricultural market reforms in many developing countries is often measured through tests for market integration by analyzing co-variation of food prices. However, market integration studies often fail to link the discovery of the lack of integration to causal factors. This analysis documents and relates price variation to structural determinants in the case of Madagascar. The spatial variability between communities is linked to the distance to a paved road, the quality of the road, access to soft infrastructure, and the level of competition between traders. Differences in seasonal variation are mainly related to the differential opportunity costs of capital in rice villages and to hard infrastructure in non-rice villages. Communities... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Markets; Prices; Price regulation; Madagascar; Economic Infrastructure; International Development. |
| Ano: 1999 |
URL: http://purl.umn.edu/100154 |
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