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Are Staple Food Markets in Africa Efficient? Spatial Price Analyses and Beyond

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  • Rashid, Shahidur
  • Minot, Nicholas

Abstract

The main objective of this paper is to examine whether the staple food markets in Africa are efficient. It does so by outlining a conceptual framework for understanding spatial food price variation, summarizing the results from existing studies in market integration in sub-Saharan Africa, and providing evidence from recently conducted surveys on the determinants of market efficiency. The paper is organized following this sequence and concludes with a summary and policy implications.

Suggested Citation

  • Rashid, Shahidur & Minot, Nicholas, 2010. "Are Staple Food Markets in Africa Efficient? Spatial Price Analyses and Beyond," Food Security Collaborative Working Papers 58562, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midcwp:58562
    DOI: 10.22004/ag.econ.58562
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