Abstract/Details

Essays on commodity market liberalization, spatial competition and farmer's price


2006 2006

Other formats: Order a copy

Abstract (summary)

This dissertation examines the effects of commodity market liberalization on the farmer's price. Chapter two of this dissertation presents a theoretical model of commodity market liberalization which aims to analyze the impact of market liberalization on the farmer's price. This monopsony-type model includes three main features often studied separately in the literature: spatial competition among buyers, transaction costs, and the international environment. The model replicates the mixed results observed following commodity market liberalization. It also stresses the fact that the outcome of commodity market liberalization is ambiguous, unless the three features listed above can be controlled.

The empirical model developed in chapter three is one of the few models that take advantage of the recent developments in the field of spatial econometrics, the availability of household survey data, and geographical information data in order to analyze the market reforms in developing countries. The empirical model tests for price competition and transaction costs using the Generalized Spatial Two-Stage Least Squares (GS2SLS) procedure, developed by Kelejian and Prucha (1998). The data is a two-period panel household survey data of rice farmer in Vietnam. The results show the presence of price competition among buyers during the two markets regimes. In addition, the level of competition decreases after the market liberalization. Regarding transaction costs, proportional transaction costs decrease after the market liberalization while fixed transaction costs do not affect farmer's price during both market regimes.

Indexing (details)


Subject
Agricultural economics;
Economics;
Essays;
Commodity markets;
Competition;
Farmers;
Prices;
Models;
Studies;
Business costs;
Agribusiness
Classification
0503: Agricultural economics
0501: Economics
Identifier / keyword
Social sciences; Commodity market; Farmer; Liberalization; Price; Spatial competition
Title
Essays on commodity market liberalization, spatial competition and farmer's price
Author
Gohou, Gaston Logoue Niansoit
Number of pages
164
Publication year
2006
Degree date
2006
School code
0117
Source
DAI-A 67/06, Dissertation Abstracts International
Place of publication
Ann Arbor
Country of publication
United States
ISBN
9780542734182
Advisor
Betancourt, Roger
University/institution
University of Maryland, College Park
University location
United States -- Maryland
Degree
Ph.D.
Source type
Dissertations & Theses
Language
English
Document type
Dissertation/Thesis
Dissertation/thesis number
3222505
ProQuest document ID
305299797
Copyright
Database copyright ProQuest LLC; ProQuest does not claim copyright in the individual underlying works.
Document URL
http://search.proquest.com/docview/305299797
Access the complete full text

You can get the full text of this document if it is part of your institution's ProQuest subscription.

Try one of the following:

  • Connect to ProQuest through your library network and search for the document from there.
  • Request the document from your library.
  • Go to the ProQuest login page and enter a ProQuest or My Research username / password.