PEDL Research Note. Barriers to Private-Sector Arbitrage in Kenyan Maize Markets
Abstract
Limited access to capital, risk of unpredictable price fluctuations, and the availability of more profitable alternatives may limit traders’ willingness to arbitrage away seasonal price fluctuations in African agricultural markets.
Citation
Burke, M.; Falcao, L. PEDL Research Note. Barriers to Private-Sector Arbitrage in Kenyan Maize Markets. Centre for Economic Policy Research (CEPR), (2015) 3 pp.
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