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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Format: | Article |
Language: | English |
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Firenze University Press
2015-01-01
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Series: | Bio-based and Applied Economics |
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Online Access: | https://oaj.fupress.net/index.php/bae/article/view/3269 |