African Journal of Economic Policy最新文献_第4页

Trade policy reforms and private investment response in Nigerian 尼日利亚的贸易政策改革和私人投资对策

African Journal of Economic Policy Pub Date : 2009-07-10 DOI: 10.4314/AJEP.V13I2.44188

D. Busari, P. Omoke

引用次数: 0

Economic analysis of the spatial integration of plantain markets in Cameroon 喀麦隆大蕉市场空间一体化的经济分析

African Journal of Economic Policy Pub Date : 2009-07-10 DOI: 10.4314/AJEP.V14I1.44194

R. Nkendah, Cb Nzouessin

{"title":"Economic analysis of the spatial integration of plantain markets in Cameroon","authors":"R. Nkendah, Cb Nzouessin","doi":"10.4314/AJEP.V14I1.44194","DOIUrl":"https://doi.org/10.4314/AJEP.V14I1.44194","url":null,"abstract":"The paper's broad objective is to facilitate the spatial integration of main foodstuffs' markets (plantain, cassava, onion, rice, etc.) in Cameroon where the authorities have set up an information system on markets (ISMS) to support the information flow on prices, as well as the correction of the market dysfunctions. Taking into consideration the particular case of the banana plantain, one would like to understand why the urban consumer prices do not cease increasing. Is it due to lack of arbitration or a bad information circulation between the consumption and the production markets? This study answered these questions via econometric time series models (VAR, ADL, ECM, AECM). Monthly prices of plantain in kilogrammes collected by the MINAGRI, the CARBAP and the DSCN on ten markets over the period 1993 to 2000 were used. Results showed a weak integration of the production to the consumption markets. In other words, the urban consumer prices increase because, in part, there is a bad information circulation in the various markets. The concentration of information in the hands of certain tradesmen, in particular the wholesalers, caused an asymmetry of the price information between the consumption and production markets. This asymmetry of price information prevented other wholesalers from penetrating the plantain marketing chain. This resulted in a weak supply of cities and consequently a high price of plantain to the consumers. To maintain urban food security in plantain, attempts must be made to cancel the information asymmetry in the prices between consumption and production areas.","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114867746","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 21

Dynamci acreage response of selected individual crops to price risk in Nigeria 尼日利亚个别作物种植面积对价格风险的动态响应

African Journal of Economic Policy Pub Date : 2009-07-10 DOI: 10.4314/AJEP.V13I2.44190

Aj Olusegun

引用次数: 2

Impact of macroeconomic policy reforms on wage and employment: Evidence from Nigeria's manufacturing sector 宏观经济政策改革对工资和就业的影响:来自尼日利亚制造业的证据

African Journal of Economic Policy Pub Date : 2009-07-10 DOI: 10.4314/AJEP.V12I2.44176

A. Adewuyi

引用次数: 3

Macroeconomic determinants of poverty reduction in the era of globalisation in Kenya: Policy implications 肯尼亚全球化时代减贫的宏观经济决定因素:政策影响

African Journal of Economic Policy Pub Date : 2009-07-10 DOI: 10.4314/AJEP.V13I2.44186

Kd Kibii, Sm Kapunda

引用次数: 5

An evaluation of the impact of Nigeria's trade and investment policy reforms 对尼日利亚贸易和投资政策改革影响的评估

African Journal of Economic Policy Pub Date : 2009-07-10 DOI: 10.4314/AJEP.V13I1.44184

E. Ogunkola, A. Bankole, Adeolu O. Adewuyi

引用次数: 12

the efficacy of foreign exchange market intervention in Malawi 马拉维外汇市场干预的有效性

African Journal of Economic Policy Pub Date : 2008-06-01 DOI: 10.4314/AJEP.V15I1.44925

K. Simwaka, Leslie Mkandawire

{"title":"the efficacy of foreign exchange market intervention in Malawi","authors":"K. Simwaka, Leslie Mkandawire","doi":"10.4314/AJEP.V15I1.44925","DOIUrl":"https://doi.org/10.4314/AJEP.V15I1.44925","url":null,"abstract":"The Malawi Kwacha was floated in February 1994. Since then, the Reserve Bank of Malawi has periodically intervened in the foreign exchange market. This paper analyses the effectiveness of foreign exchange market interventions carried out by the Reserve Bank of Malawi. We use a GARCH (1, 1) model to simultaneously estimate the effect of intervention on the mean and volatility of the Malawi kwacha. Using monthly exchange rates and official intervention data from January 2002 to February 2006, the empirical results suggest that intervention activities of the Reserve Bank of Malawi affect the kwacha. In line with similar findings elsewhere in the literature, the paper finds that net sales of dollars by the Reserve Bank of Malawi depreciate, rather than appreciate, the kwacha. This effect is very small, however. Moreover, the paper also finds that the Reserve Bank of Malawi intervention reduces the volatility of the kwacha. This shows that the Reserve Bank actually achieves its objective of smoothing out fluctuations of the kwacha. This can be evidenced by the stability of the kwacha during a greater part of 2004. Thus intervention is, to some extent, used as an effective tool for moderating fluctuations of the kwacha. However, its effectiveness is constrained by the amounts of foreign exchange reserves, which are usually low.","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125195555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 10

Decomposition of inequality in the distribution of living standards in Cameroon 喀麦隆生活水平分布不平等的分解

African Journal of Economic Policy Pub Date : 2006-08-23 DOI: 10.4314/AJEP.V9I2.24277

Francis Menjo Baye, S. Fambon

引用次数: 13

A test of market integration: the case of Nigerian staple foodstuffs 市场一体化的一个考验:尼日利亚主食的例子

African Journal of Economic Policy Pub Date : 2006-08-23 DOI: 10.4314/AJEP.V9I2.24280

R. Okoh, P. C. Egbon

引用次数: 3

The revenue impact and elements of tax reforms in Kenya 肯尼亚税收改革对收入的影响和要素

African Journal of Economic Policy Pub Date : 2006-08-23 DOI: 10.4314/AJEP.V8I2.24271

M. Muriithi, E. Moyi

引用次数: 0