Economics, Econometrics and Finance
4 years ago

Export bans in Tanzania harm maize markets, hinder agrarian economy.

World Bank policy research working paper
What Drives Local Food Prices? Evidence from the Tanzanian Maize Market
John Baffes, Varun Kshirsagar, Donald Mitchell

Paper Summary

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Local food prices in Tanzania are mainly influenced by domestic factors rather than global ones. External influences on prices come from regional markets, not global ones. Trade policies and weather shocks within Tanzania have a significant impact on maize markets. Export bans in Tanzania have negatively affected maize markets and the country's agrarian economy.