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Information Service and Integration of Cereal Markets in Burkino Faso

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  • Bassolet, Boubie
  • Lutz, Clemens

Abstract

The cereal market of Burkina Faso was liberalised in 1992. At the same time a market information service (SIM) was created to collect data on the supply and demand conditions and, in particular, to disseminate weekly the cereal prices of regional markets by radio. The article evaluates to what extent the existence of this service contributed to the integration of the market. A cointegration analysis, and more precisely a comparison of the results for the whole period under study (1990-5) with the results for the period 'after the SIM' (1992-5), leads to the conclusion that the impact of the diffusion of prices on market integration is moderate. In general, SIM does not have a significant influence on the integration of cereal markets. Copyright 1999 by Oxford University Press.

Suggested Citation

  • Bassolet, Boubie & Lutz, Clemens, 1999. "Information Service and Integration of Cereal Markets in Burkino Faso," Journal of African Economies, Centre for the Study of African Economies, vol. 8(1), pages 31-51, March.
    • Handle: RePEc:oup:jafrec:v:8:y:1999:i:1:p:31-51
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    Cited by:

    1. Fekadu Gelaw & Stijn Speelman & Guido Huylenbroeck, 2017. "Impacts of Institutional Intervention on Price Transmissions: The Case of the Ethiopian Commodity Exchange," Review of Development Economics, Wiley Blackwell, vol. 21(4), pages 88-106, November.
    2. Fabrice Essé Ochou & Philippe Quirion, 2019. "Impact of climate change on agriculture: determination of the existence of a price bias in Ricardian studies [Impact du changement climatique sur l'agriculture : détermination de l'existence d'un b," CIRED Working Papers hal-02080392, HAL.
    3. Fabrice Ochou & Philippe Quirion, 2022. "Impact du changement climatique sur l’agriculture : une quantification du biais de prix dans les approches économétriques," Revue économique, Presses de Sciences-Po, vol. 73(1), pages 43-67.
    4. Nyongo, Lovemore, 2014. "Maize Price Differences and Evidence of Spatial Integration in Malawi: The case of selected markets," MaSSP working papers 3, International Food Policy Research Institute (IFPRI).
    5. EssŽ Fabrice Ochou & Philippe Quirion, 2017. "Impact du changement climatique sur lÕagriculture : dŽtermination de lÕexistence dÕun biais de prix dans les Žtudes ricardiennes," Policy Papers 2017.04, FAERE - French Association of Environmental and Resource Economists.
    6. Akiyama, Takamasa & Baffes, John & Larson, Donald F. & Varangis, Panos, 2003. "Commodity market reform in Africa: some recent experience," Economic Systems, Elsevier, vol. 27(1), pages 83-115, March.
    7. Kabbiri, Ronald & Dora, Manoj & Elepu, Gabriel & Gellynck, Xavier, 2016. "A Global Perspective of Food Market Integration: A Review," International Journal of Agricultural Sciences and Technology (IJAGST), SvedbergOpen, vol. 55(1-2), May.
    8. Amikuzuno, Joseph & Ogundari, Kolawole, 2013. "Price transmission Analysis and Associated Policy in Sub-Saharan Africa’s Agricultural Markets: What Does the Literature Say?," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 160479, African Association of Agricultural Economists (AAAE).
    9. Ruijs, Arjan & Schweigman, Caspar & Lutz, Clemens, 2004. "The impact of transport- and transaction-cost reductions on food markets in developing countries: evidence for tempered expectations for Burkina Faso," Agricultural Economics, Blackwell, vol. 31(2-3), pages 219-228, December.

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