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Liberalization and food price distributions: ARCH-M evidence from Madagascar

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  • Barrett, Christopher B.

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  • Barrett, Christopher B., 1997. "Liberalization and food price distributions: ARCH-M evidence from Madagascar," Food Policy, Elsevier, vol. 22(2), pages 155-173, April.
    • Handle: RePEc:eee:jfpoli:v:22:y:1997:i:2:p:155-173
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    1. Barrett, Christopher B., 1996. "On price risk and the inverse farm size-productivity relationship," Journal of Development Economics, Elsevier, vol. 51(2), pages 193-215, December.
    2. Goletti, Francesco & Babu, Suresh, 1994. "Market liberalization and integration of maize markets in Malawi," Agricultural Economics, Blackwell, vol. 11(2-3), pages 311-324, December.
    3. B. Wade Brorsen & Jean-Paul Chavas & Warren R. Grant & L. D. Schnake, 1985. "Marketing Margins and Price Uncertainty: The Case of the U.S. Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(3), pages 521-528.
    4. Pryor, F.L., 1988. "Income Distribution And Economic Development In Madagascar - Some Historical Statistics," World Bank - Discussion Papers 37, World Bank.
    5. Angus Deaton & Guy Laroque, 1992. "On the Behaviour of Commodity Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 1-23.
    6. John Schroeter & Azzeddine Azzam, 1991. "Marketing Margins, Market Power, and Price Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(4), pages 990-999.
    7. Shuttleworth, Graham, 1989. "Policies in transition: Lessons from Madagascar," World Development, Elsevier, vol. 17(3), pages 397-408, March.
    8. Krueger, Anne O & Schiff, Maurice & Valdes, Alberto, 1988. "Agricultural Incentives in Developing Countries: Measuring the Effect of Sectoral and Economywide Policies," The World Bank Economic Review, World Bank, vol. 2(3), pages 255-271, September.
    9. Bollerslev, Tim, 1986. "Generalized autoregressive conditional heteroskedasticity," Journal of Econometrics, Elsevier, vol. 31(3), pages 307-327, April.
    10. Francesco Goletti & Suresh Babu, 1994. "Market liberalization and integration of maize markets in Malawi," Agricultural Economics, International Association of Agricultural Economists, vol. 11(2-3), pages 311-324, December.
    11. Stefan Dercon, 1995. "On market integration and liberalisation: Method and application to Ethiopia," Journal of Development Studies, Taylor & Francis Journals, vol. 32(1), pages 112-143.
    12. Bollerslev, Tim & Chou, Ray Y. & Kroner, Kenneth F., 1992. "ARCH modeling in finance : A review of the theory and empirical evidence," Journal of Econometrics, Elsevier, vol. 52(1-2), pages 5-59.
    13. Jaeger, William & Humphreys, Charles, 1988. "The Effect of Policy Reforms on Agricultural Incentives In Sub-Saharan Africa," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270395, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Christopher B. Barrett, 1996. "Market Analysis Methods: Are Our Enriched Toolkits Well Suited to Enlivened Markets?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 825-829.
    15. Engle, Robert F, 1982. "Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation," Econometrica, Econometric Society, vol. 50(4), pages 987-1007, July.
    16. Ishii, Yasunori, 1977. "On the Theory of the Competitive Firm under Price Uncertainty: Note," American Economic Review, American Economic Association, vol. 67(4), pages 768-769, September.
    17. Maurice Schiff & Alberto Valdes, 1994. "The Plundering of Agriculture in Developing Countries," Reports _013, World Bank Latin America and the Caribean Region Department.
    18. Baron, David P, 1970. "Price Uncertainty, Utility, and Industry Equilibrium in Pure Competition," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 11(3), pages 463-480, October.
    19. William Jaeger & Charles Humphreys, 1988. "The Effect of Policy Reforms on Agricultural Incentives in Sub-Saharan Africa," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(5), pages 1036-1043.
    20. Sandmo, Agnar, 1971. "On the Theory of the Competitive Firm under Price Uncertainty," American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
    21. Shuttleworth, Graham & Bull, Ross & Hodgkinson, Peter, 1988. "Food security through seasonal stabilization : The case of Madagascar," Food Policy, Elsevier, vol. 13(2), pages 140-153, May.
    22. Matthew T. Holt, 1993. "Risk Response in the Beef Marketing Channel: A Multivariate Generalized ARCH-M Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(3), pages 559-571.
    23. Pryor, F.L., 1988. "Income Distribution And Economic Development In Malawi - Some Historical Statistics," World Bank - Discussion Papers 36, World Bank.
    24. Israel Finkelshtain & James A. Chalfant, 1991. "Marketed Surplus under Risk: Do Peasants Agree with Sandmo?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 557-567.
    25. Engle, Robert F & Lilien, David M & Robins, Russell P, 1987. "Estimating Time Varying Risk Premia in the Term Structure: The Arch-M Model," Econometrica, Econometric Society, vol. 55(2), pages 391-407, March.
    26. Christopher Barrett, 1996. "Urban bias in price risk: The geography of food price distributions in low‐income economies," Journal of Development Studies, Taylor & Francis Journals, vol. 32(6), pages 830-849.
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    Cited by:

    1. Dostie, B. & Haggblade, S. & Randriamamonjy, J., 2002. "Seasonal poverty in Madagascar: magnitude and solutions," Food Policy, Elsevier, vol. 27(5-6), pages 493-518.
    2. Barrett, Christopher B., 2006. "Food aid's intended and unintended consequences," ESA Working Papers 289062, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
    3. Barrett, Christopher B., 1999. "Stochastic food prices and slash-and-burn agriculture," Environment and Development Economics, Cambridge University Press, vol. 4(2), pages 161-176, May.
    4. Barrett, Christopher B., 1999. "The microeconomics of the developmental paradox: on the political economy of food price policy," Agricultural Economics, Blackwell, vol. 20(2), pages 159-172, March.
    5. Maitre d'Hotel, Elodie & le Cotty, Tristan & Jayne, Thomas S., 2012. "Is A Public Regulation Of Food Price Volatility Feasible In Africa? An Arch Approach In Kenya," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122551, European Association of Agricultural Economists.
    6. Barrett, Christopher B., 1998. "Immiserized growth in liberalized agriculture," World Development, Elsevier, vol. 26(5), pages 743-753, May.
    7. Fafchamps, Marcel & Gabre-Madhin, Eleni & Minten, Bart, 2005. "Increasing returns and market efficiency in agricultural trade," Journal of Development Economics, Elsevier, vol. 78(2), pages 406-442, December.
    8. Elodie Maître d'Hôtel & Tristan Le Cotty & Thom Jayne, 2013. "Trade Policy Inconsistency and Maize Price Volatility: An ARCH Approach in Kenya," African Development Review, African Development Bank, vol. 25(4), pages 607-620.
    9. Poulton, Colin & Kydd, Jonathan & Wiggins, Steve & Dorward, Andrew, 2006. "State intervention for food price stabilisation in Africa: Can it work?," Food Policy, Elsevier, vol. 31(4), pages 342-356, August.
    10. Van Campenhout, Bjorn & Pauw, Karl & Minot, Nicholas, 2013. "The impact of food prices shocks in Uganda: First-order versus long-run effects:," IFPRI discussion papers 1284, International Food Policy Research Institute (IFPRI).
    11. Elodie Maître d'Hôtel & Tristan Le Cotty, 2018. "Why does on†farm storage fail to mitigate price volatility?," Agricultural Economics, International Association of Agricultural Economists, vol. 49(1), pages 71-82, January.
    12. Moctar Ndiaye & Elodie Maître d'Hôtel & Tristan Le Cotty, 2014. "Maize price volatility: does market remoteness matter?," Post-Print hal-02739021, HAL.
    13. Fafchamps, Marcel & Minten, Bart, 2001. "Property Rights in a Flea Market Economy," Economic Development and Cultural Change, University of Chicago Press, vol. 49(2), pages 229-67, January.

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