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The standard parity bounds model (PBM) is extended to allow for dynamic shifts in regime probabilities in response to changes in marketing policy. The approach allows estimation of the length of the adjustment period and a statistical test for no policy effects. The extended PBM is applied to mai...


Negassa, A.Myers, R.J.[Estimating policy effects on spatial market efficiency: An extension of the parity bounds model]Estimating policy effects on spatial market efficiency: An extension of the parity bounds model

The analysis of value chains has augmented our knowledge on the complexities, inter-linkages, distributional benefits, and institutional arrangements of production and marketing channels in developing countries. However, the analysis remains relatively qualitative and case-specific, with limited ...


Rich, Karl M.Ross, R.B.Baker, A.D.Negassa, A.[Quantifying value chain analysis in the context of livestock systems in developing countries]Quantifying value chain analysis in the context of livestock systems in developing countries

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