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Market Integration and PRice Transmission in Tajikistan's Wheat Markets" Rising like rockets but falling like feathers?

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  • Ilyasov, Jarilkasin
  • Goetz, Linde
  • Akramov, Kamiljon
  • Dorosh, Paul
  • Glauben, Thomas

Abstract

Studies on food price transmission and market integration, particularly in less developed countries, have received increased attention since the recent so-called ‘food crises’. They help us understand implications of price relationships in different markets on food security and livelihoods in food insecure countries in an interconnected world. However, despite wide coverage of areas, Central Asia received limited exposure. This paper aims to fill this gap and study wheat market integration and price transmission in Tajikistan, the most food insecure country in Central Asia. In particular, in this study we measure how well wheat market prices in Tajikistan are integrated with international and regional markets, as well as domestically with each other. Subsequently, we assess the nature of price transmission between these markets. Using horizontal price transmission analysis we specifically focus on asymmetric price relationships, a.k.a. rockets and feathers, between different markets.

Suggested Citation

  • Ilyasov, Jarilkasin & Goetz, Linde & Akramov, Kamiljon & Dorosh, Paul & Glauben, Thomas, 2015. "Market Integration and PRice Transmission in Tajikistan's Wheat Markets" Rising like rockets but falling like feathers?," 2015 Conference, August 9-14, 2015, Milan, Italy 211786, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae15:211786
    DOI: 10.22004/ag.econ.211786
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    Cited by:

    1. Svanidze, Miranda & Götz, Linde & Djuric, Ivan & Glauben, Thomas, 2019. "Food security and the functioning of wheat markets in Eurasia: a comparative price transmission analysis for the countries of Central Asia and the South Caucasus," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11(3), pages 733-752.
    2. Bobokhonov, Abdulmajid & Pokrivcak, Jan & Rajcaniova, Miroslava, 2016. "The Impact of Agricultural and Trade Policies on Price Transmission in Central Asia," 2016 Fifth AIEAA Congress, June 16-17, 2016, Bologna, Italy 242306, Italian Association of Agricultural and Applied Economics (AIEAA).
    3. repec:zbw:iamodp:285032 is not listed on IDEAS

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    Keywords

    Food Security and Poverty;

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