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Title: | Marketing analysis of rice imports in Burundi: a new empirical industrial organization approach |
Author: | Ndayitwayeko, W.-M. |
Year: | 2011 |
Periodical: | Cahier du CURDES |
Issue: | 12 |
Pages: | 229-250 |
Language: | English |
Geographic term: | Burundi |
Subjects: | rice food imports grain prices price policy |
Abstract: | Rice consumption in Burundi depends highly on imports. Imports themselves experience high volatility due to sociopolitical conditions and fiscal policy. Rice is imported from the world's top rice producers such as India, Pakistan, Thailand, and Vietnam, but also from neighbouring countries such as Tanzania. The present study examines the market power of rice imports using the New Empirical Industrial Organization (NEIO) paradigm. The findings of the NEIO model show that both capita consumption and income on the one hand and rice production on the other have an impact on rice importation, while the price of imported rice significantly affects the local rice price in Burundi. The government has to keep on investing in rice research since this has been shown to have a positive effect on the competitiveness of local rice production against imported rice. A clear policy on the price of agricultural commodities may be a boost to producers and consumers as well. Bibliogr., sum. [ASC Leiden abstract] |