Market Integration and Poverty : Evidence from South Sudan
This paper examines the effects of market integration on household consumption using data on seven food and two energy markets across South Sudan. The analysis reveals that markets in South Sudan are highly segmented. Price differences for narrowly...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/02/25926775/market-integration-poverty-evidence-south-sudan http://hdl.handle.net/10986/23903 |
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okr-10986-239032021-06-14T10:20:05Z Market Integration and Poverty : Evidence from South Sudan Varela, Gonzalo Cali, Massimiliano Pape, Utz Rojas, Esteban SUBSTITUTION WAREHOUSE PRICE LEVELS PRICE STABILIZATION AIRPORT STOCK INCOME INTEREST TRANSPORT INFRASTRUCTURE INTERNATIONAL AIRPORT VEHICLES TRANSPORTATION COSTS ROAD BUILDING AVERAGE PRICES INFORMATION FLOWS EXCHANGE LIQUIDITY TREND ELASTICITY GASOLINE EFFECT OF FUEL PRICES ROAD INFRASTRUCTURE PRICE ROUTES MARKET ACCESS REMOTE REGION TRANSPORTATION INFRASTRUCTURE DRIVERS PUBLIC POLICY PRICE STRUCTURE SAVINGS ROAD TOLLS COSTS PRODUCTION STRUCTURE ROAD NETWORK TRANSPORT LOW-INCOME COUNTRIES FOOD PRICE PRICE VOLATILITY FIXED COSTS SURPLUS PRODUCTS JOURNEYS SUPPLY SHOCKS MARKETS CONNECTIVITY DOMESTIC TRANSPORT TRUE PRICE SERIES PRICE POLICY ROAD IMPROVEMENT PRODUCT RURAL ROADS ROUTE GASOLINE PRICES FUELS FUEL COSTS ROAD QUALITY FOOD PRODUCTION INFRASTRUCTURE TAXES PRICE CHANGE EXPENDITURE PRICE OF DIESEL DATA AVAILABILITY MARKET SEGMENTATION TRAVEL TRANSPORTATION TRANSIT POLICIES INTERNATIONAL TRADE VOLATILITY BORDER CROSSING BARRIERS MARKET CONDITIONS FINANCIAL CRISIS AGRICULTURAL PRICE VALUE COMPETITIVENESS TRADE DEFICIT ACCESSIBILITY DEMAND CONSUMER PRICE COMMERCIAL VEHICLES PRICE CHANGES EXPENDITURES PRICE EFFECT FUEL PRICES PRICE ADJUSTMENT SIGNALS SALE AVERAGE PRICE MARKET FOREIGN EXCHANGE ENERGY PRICES PRICE INCREASE OUTPUT ROADS EXPOSURE CAR INFRASTRUCTURE INVESTMENTS LENGTH OF ROADS CROSSING ECONOMIC DEVELOPMENT REGIONAL INTEGRATION TRADE RAILROAD PRICE DIFFERENTIAL SECURITY ECONOMIES OF SCALE TRANSPORTATION COST INVESTMENT FUEL PRICE SHARE RAILROADS HIGH TRANSPORT SUPPLY FUEL PURCHASING INVESTMENTS MARKET INTEGRATION COMMODITIES PRICE VARIATIONS FOOD PRICES ARBITRAGE TRANSPORT COSTS MARKET CONDITION COMMODITY PRICES DIESEL COMMERCIAL FARMING TRAVEL TIME COMMODITY PRICES PRICE DIFFERENTIALS This paper examines the effects of market integration on household consumption using data on seven food and two energy markets across South Sudan. The analysis reveals that markets in South Sudan are highly segmented. Price differences for narrowly defined products, across cities exceed in some cases 100 percent. In addition, price volatility increased substantially following the imposition of the trade restrictions with Sudan. This increase tends to hurt disproportionately the poor, who cannot smooth purchasing decisions over time because of liquidity constraints. Transportation costs explain almost half of the variation in food prices across space, and improving the quality of roads has a large potential to reduce prices in the most expensive towns. On the basis of this price effect, the simulations suggest that bringing all road quality across states to that of primary roads can yield a reduction in poverty from the rate of 51.7 percent in 2009 to between 42.8 and 46.9 percent. These estimates have to be interpreted as conservative, as they do not take into account the second-order effects of road construction from increased trade that will result from better road connectivity. 2016-03-09T18:32:35Z 2016-03-09T18:32:35Z 2016-02 Working Paper http://documents.worldbank.org/curated/en/2016/02/25926775/market-integration-poverty-evidence-south-sudan http://hdl.handle.net/10986/23903 English en_US Policy Brief Zambia;No. 7564 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa South Sudan |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
SUBSTITUTION WAREHOUSE PRICE LEVELS PRICE STABILIZATION AIRPORT STOCK INCOME INTEREST TRANSPORT INFRASTRUCTURE INTERNATIONAL AIRPORT VEHICLES TRANSPORTATION COSTS ROAD BUILDING AVERAGE PRICES INFORMATION FLOWS EXCHANGE LIQUIDITY TREND ELASTICITY GASOLINE EFFECT OF FUEL PRICES ROAD INFRASTRUCTURE PRICE ROUTES MARKET ACCESS REMOTE REGION TRANSPORTATION INFRASTRUCTURE DRIVERS PUBLIC POLICY PRICE STRUCTURE SAVINGS ROAD TOLLS COSTS PRODUCTION STRUCTURE ROAD NETWORK TRANSPORT LOW-INCOME COUNTRIES FOOD PRICE PRICE VOLATILITY FIXED COSTS SURPLUS PRODUCTS JOURNEYS SUPPLY SHOCKS MARKETS CONNECTIVITY DOMESTIC TRANSPORT TRUE PRICE SERIES PRICE POLICY ROAD IMPROVEMENT PRODUCT RURAL ROADS ROUTE GASOLINE PRICES FUELS FUEL COSTS ROAD QUALITY FOOD PRODUCTION INFRASTRUCTURE TAXES PRICE CHANGE EXPENDITURE PRICE OF DIESEL DATA AVAILABILITY MARKET SEGMENTATION TRAVEL TRANSPORTATION TRANSIT POLICIES INTERNATIONAL TRADE VOLATILITY BORDER CROSSING BARRIERS MARKET CONDITIONS FINANCIAL CRISIS AGRICULTURAL PRICE VALUE COMPETITIVENESS TRADE DEFICIT ACCESSIBILITY DEMAND CONSUMER PRICE COMMERCIAL VEHICLES PRICE CHANGES EXPENDITURES PRICE EFFECT FUEL PRICES PRICE ADJUSTMENT SIGNALS SALE AVERAGE PRICE MARKET FOREIGN EXCHANGE ENERGY PRICES PRICE INCREASE OUTPUT ROADS EXPOSURE CAR INFRASTRUCTURE INVESTMENTS LENGTH OF ROADS CROSSING ECONOMIC DEVELOPMENT REGIONAL INTEGRATION TRADE RAILROAD PRICE DIFFERENTIAL SECURITY ECONOMIES OF SCALE TRANSPORTATION COST INVESTMENT FUEL PRICE SHARE RAILROADS HIGH TRANSPORT SUPPLY FUEL PURCHASING INVESTMENTS MARKET INTEGRATION COMMODITIES PRICE VARIATIONS FOOD PRICES ARBITRAGE TRANSPORT COSTS MARKET CONDITION COMMODITY PRICES DIESEL COMMERCIAL FARMING TRAVEL TIME COMMODITY PRICES PRICE DIFFERENTIALS |
| spellingShingle |
SUBSTITUTION WAREHOUSE PRICE LEVELS PRICE STABILIZATION AIRPORT STOCK INCOME INTEREST TRANSPORT INFRASTRUCTURE INTERNATIONAL AIRPORT VEHICLES TRANSPORTATION COSTS ROAD BUILDING AVERAGE PRICES INFORMATION FLOWS EXCHANGE LIQUIDITY TREND ELASTICITY GASOLINE EFFECT OF FUEL PRICES ROAD INFRASTRUCTURE PRICE ROUTES MARKET ACCESS REMOTE REGION TRANSPORTATION INFRASTRUCTURE DRIVERS PUBLIC POLICY PRICE STRUCTURE SAVINGS ROAD TOLLS COSTS PRODUCTION STRUCTURE ROAD NETWORK TRANSPORT LOW-INCOME COUNTRIES FOOD PRICE PRICE VOLATILITY FIXED COSTS SURPLUS PRODUCTS JOURNEYS SUPPLY SHOCKS MARKETS CONNECTIVITY DOMESTIC TRANSPORT TRUE PRICE SERIES PRICE POLICY ROAD IMPROVEMENT PRODUCT RURAL ROADS ROUTE GASOLINE PRICES FUELS FUEL COSTS ROAD QUALITY FOOD PRODUCTION INFRASTRUCTURE TAXES PRICE CHANGE EXPENDITURE PRICE OF DIESEL DATA AVAILABILITY MARKET SEGMENTATION TRAVEL TRANSPORTATION TRANSIT POLICIES INTERNATIONAL TRADE VOLATILITY BORDER CROSSING BARRIERS MARKET CONDITIONS FINANCIAL CRISIS AGRICULTURAL PRICE VALUE COMPETITIVENESS TRADE DEFICIT ACCESSIBILITY DEMAND CONSUMER PRICE COMMERCIAL VEHICLES PRICE CHANGES EXPENDITURES PRICE EFFECT FUEL PRICES PRICE ADJUSTMENT SIGNALS SALE AVERAGE PRICE MARKET FOREIGN EXCHANGE ENERGY PRICES PRICE INCREASE OUTPUT ROADS EXPOSURE CAR INFRASTRUCTURE INVESTMENTS LENGTH OF ROADS CROSSING ECONOMIC DEVELOPMENT REGIONAL INTEGRATION TRADE RAILROAD PRICE DIFFERENTIAL SECURITY ECONOMIES OF SCALE TRANSPORTATION COST INVESTMENT FUEL PRICE SHARE RAILROADS HIGH TRANSPORT SUPPLY FUEL PURCHASING INVESTMENTS MARKET INTEGRATION COMMODITIES PRICE VARIATIONS FOOD PRICES ARBITRAGE TRANSPORT COSTS MARKET CONDITION COMMODITY PRICES DIESEL COMMERCIAL FARMING TRAVEL TIME COMMODITY PRICES PRICE DIFFERENTIALS Varela, Gonzalo Cali, Massimiliano Pape, Utz Rojas, Esteban Market Integration and Poverty : Evidence from South Sudan |
| geographic_facet |
Africa South Sudan |
| relation |
Policy Brief Zambia;No. 7564 |
| description |
This paper examines the effects of
market integration on household consumption using data on
seven food and two energy markets across South Sudan. The
analysis reveals that markets in South Sudan are highly
segmented. Price differences for narrowly defined products,
across cities exceed in some cases 100 percent. In addition,
price volatility increased substantially following the
imposition of the trade restrictions with Sudan. This
increase tends to hurt disproportionately the poor, who
cannot smooth purchasing decisions over time because of
liquidity constraints. Transportation costs explain almost
half of the variation in food prices across space, and
improving the quality of roads has a large potential to
reduce prices in the most expensive towns. On the basis of
this price effect, the simulations suggest that bringing all
road quality across states to that of primary roads can
yield a reduction in poverty from the rate of 51.7 percent
in 2009 to between 42.8 and 46.9 percent. These estimates
have to be interpreted as conservative, as they do not take
into account the second-order effects of road construction
from increased trade that will result from better road connectivity. |
| format |
Working Paper |
| author |
Varela, Gonzalo Cali, Massimiliano Pape, Utz Rojas, Esteban |
| author_facet |
Varela, Gonzalo Cali, Massimiliano Pape, Utz Rojas, Esteban |
| author_sort |
Varela, Gonzalo |
| title |
Market Integration and Poverty : Evidence from South Sudan |
| title_short |
Market Integration and Poverty : Evidence from South Sudan |
| title_full |
Market Integration and Poverty : Evidence from South Sudan |
| title_fullStr |
Market Integration and Poverty : Evidence from South Sudan |
| title_full_unstemmed |
Market Integration and Poverty : Evidence from South Sudan |
| title_sort |
market integration and poverty : evidence from south sudan |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/02/25926775/market-integration-poverty-evidence-south-sudan http://hdl.handle.net/10986/23903 |
| _version_ |
1764455107972300800 |