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Movements of Relative Agricultural Prices in Sub-Saharan Africa

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  • Boratav, Korkut

Abstract

Movements of relative agricultural prices in 20 countries in sub-Saharan Africa between 1973 and 1999-95 are investigated. Changes in the net barter terms of trade of the agricultural sector are compared with international terms of trade movements. Movements in prices received by cocoa, coffee, cotton and tea farmers are compared with unit export prices and with indicators of production costs. World price movements for the same commodities are compared with unit export prices of major exporting countries. A similar analysis is undertaken for cereals, where producer prices are compared with unit import prices and with cost indicators. Possible factors that affect these relative price movements are discussed with special emphasis on the role of alternative policy regimes. Empirical findings suggest that conventional views on the anti-farmer bias of African policies till the 1980s are questionable and the recent liberalisation of agricultural markets in Africa have not generated farmer-friendly outcomes. Copyright 2001 by Oxford University Press.

Suggested Citation

  • Boratav, Korkut, 2001. "Movements of Relative Agricultural Prices in Sub-Saharan Africa," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(3), pages 395-416, May.
    • Handle: RePEc:oup:cambje:v:25:y:2001:i:3:p:395-416
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    Cited by:

    1. Nin Pratt, Alejandro & Yu, Bingxin, 2008. "An updated look at the recovery of agricultural productivity in Sub-Saharan Africa:," IFPRI discussion papers 787, International Food Policy Research Institute (IFPRI).
    2. Gomez, Miguel I. & Koerner, Julia, 2009. "Do retail coffee prices increase faster than they fall? Asymmetric price transmission in France, Germany and the United States," Working Papers 55930, Cornell University, Department of Applied Economics and Management.
    3. Buckley, Rita, 2001. "The Impact of Foreign Direct Investment on the Profitability of the Software Sector in Ireland," Conference papers 330931, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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