The Theory of Contested Markets and the Degree of Tradedness of Agricultural Commodities: an Empirical Test in Zaire

The Theory of Contested Markets and the Degree of Tradedness of Agricultural Commodities: an Empirical Test in Zaire

Author: 
Kyle, Steven C.
Place: 
Oxford
Publisher: 
Oxford University Press
Date published: 
1994
Record type: 
Responsibility: 
Swinnen, Johan, jt. author
Journal Title: 
Journal of African Economies
Source: 
Journal of African Economies Volume 3 Issue 1 April 1994 pp. 93-113
Abstract: 

The theory of contestable markets is used to derive predictions of the extent to which agricultural commodities behave as traded or non traded goods. These predictions are confirmed with Zairian data which show that there is wide variation in the response of domestic commodity prices to real exchange rate changes.

Language: 
Subject profile : 

CITATION: Kyle, Steven C.. The Theory of Contested Markets and the Degree of Tradedness of Agricultural Commodities: an Empirical Test in Zaire . Oxford : Oxford University Press , 1994. Journal of African Economies Volume 3 Issue 1 April 1994 pp. 93-113 - Available at: https://library.au.int/theory-contested-markets-and-degree-tradedness-agricultural-commodities-empirical-test-zaire