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The Impact Of Market Reforms On Spatial Volatility Of Maize Price In Tanzania

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  • Kilima, Fredy
  • Chung, Chanjin
  • Kenkel, Philip L.
  • Mbiha, Emanuel

Abstract

The impacts of market reforms on prices volatility in developing countries are not well understood because analysts have not been able to predict the impacts. This study investigates whether the reforms have exacerbated the degree of spatial volatility of maize price in Tanzania using ARCH-M model. Results indicate that developed regions might have experienced less volatile prices than less developed regions. Infrastructure development to increase the volume of trade between the regions is recommended.

Suggested Citation

  • Kilima, Fredy & Chung, Chanjin & Kenkel, Philip L. & Mbiha, Emanuel, 2004. "The Impact Of Market Reforms On Spatial Volatility Of Maize Price In Tanzania," 2004 Annual meeting, August 1-4, Denver, CO 20332, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20332
    DOI: 10.22004/ag.econ.20332
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