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Price volatility across scales and farmer maneuvering in Lao cassava markets

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Field Value
 
Title Price volatility across scales and farmer maneuvering in Lao cassava markets
 
Creator Nguyen, Anh-Thu
van Huellen, Sophie
Newby, Jonathan Craig
 
Subject crop production
smallholders
price formation
price policies
marketing policies-commercial policies
 
Description Lao PDR is undergoing a rapid agrarian transformation, underpinned by a growing commercial production of commodity crops such as cassava by smallholder farmers. The global nature of commodity crop markets increases the exposure of potentially vulnerable smallholder farmers to global price dynamics. We apply a cross-scalar and mixed-methods approach to investigate the role of institutional structures and the global-regional-domestic context in local price formation mechanisms at the farm gate. We focus our analysis on policy shocks created by the Chinese government’s temporary purchase and storage policy (TSPS) for maize, and the experience and price risk mitigation strategies of smallholder cassava farmers in Lao PDR during this period. We find that the price level and volatility experienced by farmers are shaped by local-level market structures as much as global price dynamics and regional trade integration, demonstrating the importance of institutions across scales in price formation and transmission.
 
Date 2023-10-09
2023-10-25T14:47:31Z
2023-10-25T14:47:31Z
 
Type Journal Article
 
Identifier Nguyen, A.; van Huellen, S.; Newby, J.C. (2023) Price volatility across scales and farmer maneuvering in Lao cassava markets. Journal of Land Use Science 18(1): p. 374-394. ISSN: 1747-423X
1747-423X
https://hdl.handle.net/10568/132436
https://doi.org/10.1080/1747423x.2023.2264874
 
Language en
 
Rights CC-BY-NC-4.0
Open Access
 
Format 374-394
application/pdf
 
Publisher Taylor & Francis
 
Source Journal of Land Use Science