Replication data for: High Trade Costs and Their Consequences: An Estimated Dynamic Model of African Agricultural Storage and Trade

Principal Investigator(s):  View help for Principal Investigator(s) Obie Porteous

Version:  View help for Version V1

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Project Citation: 

Porteous, Obie. Replication data for: High Trade Costs and Their Consequences: An Estimated Dynamic Model of African Agricultural Storage and Trade. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116359V1

Project Description

Summary:  View help for Summary Using a new intranational dataset of monthly grain prices and production and a new approach to identify cost parameters, I estimate and solve a dynamic model of agricultural storage and trade covering all 42 countries of continental sub-Saharan Africa. I find median trade costs over five times higher than elsewhere in the world. The potential welfare gains from reducing these costs are substantial, are driven by lower food prices, and can be achieved efficiently by investing in well-targeted trade corridors. A static annual model underestimates trade costs and welfare effects by failing to identify when trade occurs.

Scope of Project

Subject Terms:  View help for Subject Terms Prices; Trade Costs
JEL Classification:  View help for JEL Classification
      F14 Empirical Studies of Trade
      O13 Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
      O19 International Linkages to Development; Role of International Organizations
      Q11 Agriculture: Aggregate Supply and Demand Analysis; Prices
      Q13 Agricultural Markets and Marketing; Cooperatives; Agribusiness
      Q17 Agriculture in International Trade
Geographic Coverage:  View help for Geographic Coverage Africa
Time Period(s):  View help for Time Period(s) 5/2003 – 4/2013
Universe:  View help for Universe 230 regional hub markets in all 42 countries of continental sub-Saharan Africa
Data Type(s):  View help for Data Type(s) geographic information system (GIS) data; observational data; program source code
Collection Notes:  View help for Collection Notes Please see enclosed ReadMe file for details.

Methodology

Data Source:  View help for Data Source Various national ministries and international organizations (please refer to paper, paper's online appendix, and enclosed ReadMe file for details).
Unit(s) of Observation:  View help for Unit(s) of Observation Markets, Month,

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V1 [2019-12-07]

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