The welfare cost of maize price volatility in Malawi

This paper investigates conditional and unconditional maize price volatility in Malawi at the country and local-economy market levels and related welfare costs. The empirical analysis applies an ARCH/GARCH approach that uses monthly data from January 1991 to March 2013, and the welfare cost is estim...

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Bibliographic Details
Main Author: Maria Sassi
Format: Article
Language:English
Published: Firenze University Press 2015-01-01
Series:Bio-based and Applied Economics
Subjects:
Online Access:https://oaj.fupress.net/index.php/bae/article/view/3269