Advanced Search
MyIDEAS: Login

Retail Margins, Price Transmission and Price Asymmetry in Urban Food Markets: The Case of Kinshasa (Zaire)

Contents:

Author Info

  • Minten, Bart
  • Kyle, Steven

Abstract

Some African food markets can still seem to operate inefficiently after price liberalisation. This seems mainly due to the existence of significant transaction costs because of small-scale operations, and is influenced by lack of grading, deficient infrastructure and information systems. It is shown in the case of retail markets in Kinshasa that search, supervision and other difficult-to-measure transactions costs are more important in the margin of food products than the measurable marketing costs (e.g., storage, transport). It is also shown through time series analysis that most of the price transmission between wholesale and retail happens in the same week and that price asymmetry, i.e., the different transmission of price increases compared with price decreases, is present for most products. Products characterised by relatively more standardisation and homogeneity are shown to have lower retail margins and to behave symmetrically. A model based on kinked demand curves and search costs might explain this asymmetric price behaviour. Copyright 2000 by Oxford University Press.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Centre for the Study of African Economies (CSAE) in its journal Journal of African Economies.

Volume (Year): 9 (2000)
Issue (Month): 1 (March)
Pages: 1-23

as in new window
Handle: RePEc:oup:jafrec:v:9:y:2000:i:1:p:1-23

Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Phone: +44-(0)1865 271084
Fax: 01865 267 985
Email:
Web page: http://www.jae.oupjournals.org/
More information through EDIRC

Order Information:
Web: http://www.oup.co.uk/journals

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Alam, Mohammad Jahangir & Begum, Ismat Ara & Buysse, Jeroen & McKenzie, Andrew M. & Wailes, Eric J. & Van Huylenbroeck, Guido, 2010. "Testing Asymmetric Price Transmission in the Vertical Supply Chain in De-regulated Rice Markets in Bangladesh," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61374, Agricultural and Applied Economics Association.
  2. Winter-Nelson, Alex & Temu, Anna, 2002. "Institutional Adjustment and Transaction Costs: Product and Inputs Markets in the Tanzanian Coffee System," World Development, Elsevier, vol. 30(4), pages 561-574, April.
  3. Escobal, Javier, 2005. "The Role of Public Infraestructure in Market Development in Rural Peru," MPRA Paper 727, University Library of Munich, Germany.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oup:jafrec:v:9:y:2000:i:1:p:1-23. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.