Zimbabwe : Spatial Integration in Zimbabwean Product Markets

The purpose of this policy note is to provide evidence on the level of integration between Zimbabwe’s domestic markets for grain and staple foods. Efficient and integrated agricultural markets are an important vehicle for growth and poverty reduction. The note determines whether Zimbabwe’s provincial markets are integrated and explores the determinants of market integration. It provides estimates of the speed of adjustment between markets pairs. The analysis investigates the extent to which distances and demand for the products determine market integration. The paper concludes with a discussion of other structural or policy related factors that affect integration and efficiency of domestic markets.

Bibliographic Details

Main Author:	World Bank
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2015-12-03
Subjects:	HOUSEHOLD INCOMES, GRAIN INDUSTRY, DEFICIT, AGRICULTURAL GROWTH, EFFICIENT MARKETS, MILLING, INTENSIVE FARMING, PROFIT MARGINS, PRODUCTION, LAGS, AGRICULTURAL PRODUCTION, DOMESTIC MARKET, ELASTICITY, TRADE FLOWS, PORTFOLIO, WELFARE, GRAIN PRICES, INCENTIVES, WORLD MARKETS, VARIABLES, ADMINISTRATIVE CONTROLS, PRICE, TRANSACTION COST, INTERNATIONAL BANK, RETAIL, TRENDS, MARKET ENTRY, INFLUENCE, COSTS, AGRICULTURAL MARKETS, PRICE VOLATILITY, PRODUCTS, SURPLUS, TRADING, OPTIONS, WORLD MARKET INTEGRATION, MARKETING, MARKETS, DEFICITS, RETURN, WORLD PRICES, IMPORTS, LIVESTOCK, REGISTRATION FEES, PRODUCT, FARMERS, VOLUME, COMMODITY PRICE, CROPS, FINANCE, MARKET TRANSACTIONS, BROKER, BROKERS, COMBINES, EXPENDITURE, TRANSACTIONS, TRANSACTION, MARKET SEGMENTATION, GOOD, FOOD SECURITY, AGRICULTURAL PROGRAMS, DOMESTIC MARKETS, VOLATILITY, PRICE ADJUSTMENTS, FOOD PROGRAM, MARKET ENTRY COSTS, VALUE, RETURNS, DEMAND, FARMING HOUSEHOLDS, AGRICULTURAL MARKETING, PRICE CHANGES, AGRICULTURE, CONSUMERS, THIN MARKETS, PRICE ADJUSTMENT, LOCAL MARKETS, SALE, SHARES, BALANCE SHEET, NATIONAL PRODUCTION LEVELS, TRANSACTION COSTS, MARKET, ACCESS TO MARKETS, AGRICULTURAL MARKET, INFRASTRUCTURE INVESTMENTS, COTTON, TRADE, GDP, SECURITY, FARM, RANDOM WALK, HOUSEHOLDS, COMPARATIVE ADVANTAGE, SHARE, POVERTY, TRANSACTIONS COSTS, SUPPLY, FEED, PRODUCT MARKETS, PROFIT, EXPORT, INVESTMENTS, MARKET INTEGRATION, CHECK, COMMODITIES, ARBITRAGE, COMMERCIAL FARMING, MAIN PRODUCING, WORLD MARKET, GRAIN, GUARANTEE, PRICES, SPREAD, SUGAR,
Online Access:	http://documents.worldbank.org/curated/en/2015/12/25884746/zimbabwe-economic-growth-notes-spatial-integration-zimbabwean-product-markets http://hdl.handle.net/10986/24066
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