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A model of West African millet prices in rural markets

Higgins, Nathaniel and Hintermann, Beat and Brown, Molly. (2015) A model of West African millet prices in rural markets. Food policy, 52. pp. 33-43.

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Official URL: http://edoc.unibas.ch/dok/A6319128

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Abstract

In this article we specify a model of millet prices in the three West African countries of Burkina Faso, Mali, and Niger. Using data obtained from USAID’s Famine Early Warning Systems Network (FEWS NET) we present a unique regional millet price forecasting model that takes advantage of the panel nature of our data and accounts for the distance of rural markets from capital cities. Another novel aspect of our analysis is our use of the Normalized Difference Vegetation Index (NDVI) to detect and control for variation in conditions for productivity. We find that including NDVI information significantly improves price forecasts.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Public Economics / Public Finance (Hintermann)
UniBasel Contributors:Hintermann, Beat
Item Type:Article, refereed
Article Subtype:Research Article
Bibsysno:Link to catalogue
Publisher:Elsevier
ISSN:0306-9192
Note:Publication type according to Uni Basel Research Database: Journal article
Language:English
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Last Modified:12 Oct 2017 06:59
Deposited On:03 Jul 2015 08:53

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