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Understanding traders' regional arbitage : the case of rice traders in Antananarivo, Madagascar
https://doi.org/10.20561/00037667
https://doi.org/10.20561/0003766770bee7b5-59ba-42cd-b527-431d5df7e9b0
名前 / ファイル | ライセンス | アクション |
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本文 (808.1 kB)
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Item type | アジ研テクニカルレポート / IDE Technical Report(1) | |||||
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公開日 | 2015-03-30 | |||||
タイトル | ||||||
タイトル | Understanding traders' regional arbitage : the case of rice traders in Antananarivo, Madagascar | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
資源タイプ | technical report | |||||
ID登録 | ||||||
ID登録 | 10.20561/00037667 | |||||
ID登録タイプ | JaLC | |||||
著者 |
Arimoto, Yutaka
× Arimoto, Yutaka× Kono, Hisaki× Ralandison, Tsilavo× Sakurai, Takeshi× Takahashi, Kazushi |
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著者別名 | ||||||
値 | 有本, 寛 | |||||
著者別名 | ||||||
値 | 高野, 久紀 | |||||
著者別名 | ||||||
値 | 高橋, 和志 | |||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | Many studies find that agricultural markets in developing countries are poorly integrated spatially. Traders' regional arbitrage plays a key role in integrating markets across space. We investigate the performance of regional arbitrage and the associated obstacles for rice traders in Antananarivo, Madagascar. On the basis of a trader-level biweekly survey spanning 2012–2013, we find that traders are not fully exploiting the regional arbitrage opportunities: most of them fail to purchase from the cheapest district and are paying higher prices than those in the cheapest district. One apparent obstacle is obtaining price information from many different regions. To reduce search costs, we provided regional price information via SMS to randomly selected traders, but found that this had a null-effect on improving arbitrage performance. Traders tend to concentrate on trading with a few fixed districts, even if they are informed about cheaper prices in other new districts, because they worry about quality uncertainty and the trustworthiness of new partners. These findings suggest that not only transmission of price information but also issues related to produce quality and matching prevent the performance of arbitrage and market integration. | |||||
権利 | ||||||
権利情報 | Copyrights 日本貿易振興機構(ジェトロ)アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp | |||||
収録情報 |
IDE Discussion Paper en : IDE Discussion Paper 巻 505, 発行日 2015-03-01 |
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出版者 | ||||||
出版者 | Institute of Developing Economies (IDE-JETRO) | |||||
著者版フラグ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
日本十進分類法 | ||||||
主題Scheme | NDC | |||||
主題 | 611.46 | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:L81 - Retail and Wholesale Trade; | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:Q13 - Agricultural Markets and Marketing; Cooperatives; Agribusiness | |||||
地域/国名 | ||||||
位置情報(自由記述) | マダガスカル | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Madagascar | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Rice | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Market | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Retail trade | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Primary commodities | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Regional arbitrage | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Market integration | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Information friction | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Price information | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Search | |||||
フォーマット | ||||||
内容記述タイプ | Other | |||||
内容記述 | application/pdf | |||||
DIG_NO | ||||||
内容記述タイプ | Other | |||||
内容記述 | IDP000505_001 |