Modern Economy
Volume 5, Issue 3 (March 2014)
ISSN Print: 2152-7245 ISSN Online: 2152-7261
Google-based Impact Factor: 0.74 Citations h5-index & Ranking
Price Transmission Analysis along the Food Chain in Kazakhstan ()
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ABSTRACT
Vertical price transmission between wheat and flour markets in Kazakhstan has been analyzed using monthly data during the period 2000-2010. We found evidence of global market price spikes and government policies as a response leading to the divergence of prices across regions ofKazakhstan, which is especially notable in the flour market. Strikingly, flour prices are significantly higher in some wheat producing regions.
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