The transmission of world commodity prices to domestic markets under policy reforms in developing countries

By J. Baffes, B. Gardner. 2003

232 citations recorded by the source corpus.

How researchers see this paper

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Agriculture and Development: A Brief Review of the Literature (2011, unknown): “However, Baffes and Gardner (2003), investigating eight developing countries, conclude that international price volatility does not explain a major part of domestic price instability. In only three of the eight countries, price transmission is significant and domestic price volatility follows intern”
Poverty Effects of Higher Food Prices: A Global Perspective (2009, background): “International and domestic food CPIs can also differ because of: (i) a weak price transmission in internationally traded food commodities (Baffes and Gardner, 2003), (ii) imperfect domestic markets characterized by lack of competition (Levinsohn, 1996) and poor infrastructure, and (iii) government…”
The impact of food inflation on urban poverty and its monetary cost : some back-of-the-envelope calculations (2008, background): “Baffes and Gardner (2003) shows that pass-through effects are weak and they vary across countries and commodities.”
Virtual water trade flows and savings under climate change (2013, background): “, the assumption that international prices are transmitted to border prices perfectly, and that border prices are transmitted uniformly across consumers and producers within a given country) is unrealistic, particularly for developing countries where export quotas and import tariffs are commonly use”