Food Market Integration and Food Security in Sri Lanka
Author(s)
Primary Supervisor
Bandaralage, Jay
Ratnasiri, Shyama
Year published
2015
Metadata
Show full item recordAbstract
This thesis focused on food market integration, the presence of asymmetry in the price transmission (APT) process and food security. It is an empirical investigation of food market efficiency in terms of market integration, the presence of APT, and their effects on food security of consumers. By undertaking a series of empirical studies using both primary and secondary data on key food markets in Sri Lanka, the thesis helps to fill a research gap in the literature regarding the connection between food market efficiency and food security in general. It also helps to fill a knowledge gap in the Sri Lankan food security literature. ...
View more >This thesis focused on food market integration, the presence of asymmetry in the price transmission (APT) process and food security. It is an empirical investigation of food market efficiency in terms of market integration, the presence of APT, and their effects on food security of consumers. By undertaking a series of empirical studies using both primary and secondary data on key food markets in Sri Lanka, the thesis helps to fill a research gap in the literature regarding the connection between food market efficiency and food security in general. It also helps to fill a knowledge gap in the Sri Lankan food security literature. The thesis specifically attempted to assess the market linkage among the wholesale and the retail markets for rice, vegetables and fish in Sri Lanka, with special emphasis on the difference in the rate at which price increases and decreases at one market level are transmitted to the other market level. Since the presence of APT has implications for food security of people, in this thesis an analytical model was developed to describe and quantify the food security impacts of the presence of APT in the Sri Lankan food markets. The study also has attempted to explore price volatility spill-over between vegetable markets, and the farmer’s share of the retail prices of vegetables.
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View more >This thesis focused on food market integration, the presence of asymmetry in the price transmission (APT) process and food security. It is an empirical investigation of food market efficiency in terms of market integration, the presence of APT, and their effects on food security of consumers. By undertaking a series of empirical studies using both primary and secondary data on key food markets in Sri Lanka, the thesis helps to fill a research gap in the literature regarding the connection between food market efficiency and food security in general. It also helps to fill a knowledge gap in the Sri Lankan food security literature. The thesis specifically attempted to assess the market linkage among the wholesale and the retail markets for rice, vegetables and fish in Sri Lanka, with special emphasis on the difference in the rate at which price increases and decreases at one market level are transmitted to the other market level. Since the presence of APT has implications for food security of people, in this thesis an analytical model was developed to describe and quantify the food security impacts of the presence of APT in the Sri Lankan food markets. The study also has attempted to explore price volatility spill-over between vegetable markets, and the farmer’s share of the retail prices of vegetables.
View less >
Thesis Type
Thesis (PhD Doctorate)
Degree Program
Doctor of Philosophy (PhD)
School
Griffith Business School
Copyright Statement
The author owns the copyright in this thesis, unless stated otherwise.
Item Access Status
Public
Subject
Food security, Sri Lanka
Wholesale food markets, Sri Lanka
Retail food markets, Sri Lanka
Food markets, Sri Lanka
Price transmission