Price Transmission Analysis along the Food Chain in Kazakhstan


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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Oskenbayev, Y. and Turabayev, G. (2014) Price Transmission Analysis along the Food Chain in Kazakhstan. Modern Economy, 5, 175-187. doi: 10.4236/me.2014.53019.

Conflicts of Interest

The authors declare no conflicts of interest.


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