Since 2014
The welfare cost of maize price volatility in Malawi
Bio-based and Applied Economics
View Archive Info| Field | Value | |
| Title |
The welfare cost of maize price volatility in Malawi
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| Creator |
Sassi, Maria; Department of Economics and Management
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| Subject |
maize price volatility; welfare cost; local-economy market; malawi
Q11; Q12; Q13 |
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| Description |
This paper investigates conditional and unconditional maize price volatility in Malawi at the country and local-economy market levels and related welfare costs. The empirical analysis applies an ARCH/GARCH approach that uses monthly data from January 1991 to March 2013, and the welfare cost is estimated via the Lucas formula. The study findings underline the importance of the domestic factors in explaining maize price volatility and of seasonality in affecting the unconditional variance and welfare cost.
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| Publisher |
Bio-based and Applied Economics
Bio-based and Applied Economics |
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| Contributor |
—
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| Date |
2015-01-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
text/html |
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| Identifier |
http://www.fupress.net/index.php/bae/article/view/14996
http://www.fupress.net/index.php/bae/article/download/14996/15150 http://www.fupress.net/index.php/bae/article/download/14996/15181 10.13128/BAE-14996 |
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| Source |
Bio-based and Applied Economics; Vol 4, No 1 (2015); 77-100
Bio-based and Applied Economics; Vol 4, No 1 (2015); 77-100 2280-6172 2280-6180 |
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| Language |
eng
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| Relation |
10.13128/BAE-14996
10.13128/BAE-14996 |
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