The elimination of Madagascar's vanilla marketing board, 10 years on

Détails

ID Serval
serval:BIB_C165AC0D880F
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
The elimination of Madagascar's vanilla marketing board, 10 years on
Périodique
Journal of African Economies
Auteur(s)
Cadot  O., Dutoit  L., de Melo  J.
ISSN
0963-8024
Statut éditorial
Publié
Date de publication
06/2009
Peer-reviewed
Oui
Volume
18
Numéro
3
Pages
388-430
Langue
anglais
Notes
First published as CEPR Discussion Paper 5548, March 2006
Résumé
This paper explores how the elimination of Madagascar's Vanilla Marketing Board (VMB) in 1993 affected prices paid to farmers, incentives and indicators of poverty and inequality using household survey data and simulation analysis. Following the reforms, margins between FOB and farmgate prices have narrowed down, and the analysis of changes in poverty and inequality based on household surveys suggests a reduction in poverty and a muted supply response. A counterfactual analysis based on the observed reduction in intermediation margins shows that, however limited, increase in competition among intermediaries has contributed to raise purchase prices and the cash income of vanilla farmers. After taking into account the reduction in Madagascar's monopoly power on the world vanilla market implied by the elimination of the VMB, the induced rise in producer prices is estimated to have lifted about 20,000 individuals out of poverty.
Web of science
Création de la notice
27/08/2010 12:39
Dernière modification de la notice
07/09/2018 6:13
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