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鈥� 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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