How Is the Liberalization of Food Markets Progressing? Market Integration and Transaction Costs in Subsistence Economies
The paper proposes a modification of Baulch's parity bounds model to measure the market integration of food markets in developing countries. Instead of extrapolating a single observation of transaction costs, it estimates transaction costs. Pr...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17195348/liberalization-food-markets-progressing-market-integration-transaction-costs-subsistence-economies http://hdl.handle.net/10986/12154 |