Record Details

Testing the Performance of Fresh Tomato Markets Following Import Trade Liberalization in Ghana:

Ghana Journal of Development Studies

View Archive Info
 
 
Field Value
 
Title Testing the Performance of Fresh Tomato Markets Following Import Trade Liberalization in Ghana:
 
Creator Amikuzuno, J
Abarike, MA
Akudugu, M
 
Subject Trade Liberalization, Price Transmission, Market Integration, Tomato, Commodities Market
 
Description A chronic issue of policy concern in Ghana is the implication of trade liberalization for the performance of agricultural markets. Much public opinion in Ghana blames the perennially volatile, highly dispersed and uncompetitive prices of tomato on the importation of cheap tomato products into Ghana. There is however insufficient empirical evidence to confirm this opinion. To the best of our knowledge, no empirical research on the performance of tomato markets in the post-liberalization period in Ghana has ever been conducted. This paper therefore seeks to provide evidence on the performance of Ghana’s tomato markets following trade liberalization. Such evidence is useful in assessing the implication of liberalization for the performance of Ghana’s food commodity markets. We used the threshold autoregressive model to analyse wholesale prices of fresh tomato gathered from four major markets in Ghana. The findings reveal that price transmission and adjustments parameters, key indicators of market performance, declined following the actual liberalization of Ghana’s agricultural markets. It appears that the underlying factors responsible for the performance of the tomato markets deteriorated over the period of the study. This may be evidence of liberalization being partly responsible for the marketing problem of tomato in Ghana.Key Words/Descriptors: Trade Liberalization, Price Transmission, MarketIntegration, Tomato, Commodities Market.
 
Publisher Faculty of Integrated Development Studies, University for Development Studies
 
Contributor —
 
Date 2012-02-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ajol.info/index.php/gjds/article/view/73604
10.4314/gjds.v8i1.1
 
Source Ghana Journal of Development Studies; Vol 8, No 1 (2011); 1-14
0855-6768
 
Language eng
 
Relation http://www.ajol.info/index.php/gjds/article/view/73604/62774
 
Rights Faculty of Integrated Development Studies, University for Development Studies, Ghana