Knowledge Center Catalog

Potential impacts of the proposed West African monetary zone on cowpea trade (Record no. 26115)

MARC details
000 -LEADER
fixed length control field 03738nab a22003977a 4500
001 - CONTROL NUMBER
control field G82921
003 - CONTROL NUMBER IDENTIFIER
control field MX-TxCIM
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20231016165942.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 210820s2005 xxk|||p|op||| 00| 0 eng d
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1574-0862 (Online)
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 0169-5150
024 8# - OTHER STANDARD IDENTIFIER
Standard number or code https://doi.org/10.1111/j.1574-0864.2005.00463.x
040 ## - CATALOGING SOURCE
Original cataloging agency MX-TxCIM
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
090 ## - LOCALLY ASSIGNED LC-TYPE CALL NUMBER (OCLC); LOCAL CALL NUMBER (RLIN)
Classification number (OCLC) (R) ; Classification number, CALL (RLIN) (NR) CIS-4605
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Langyintuo, A.S.
9 (RLIN) 175
245 10 - TITLE STATEMENT
Title Potential impacts of the proposed West African monetary zone on cowpea trade
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc. United Kingdom :
Name of publisher, distributor, etc. Wiley,
Date of publication, distribution, etc. 2005.
340 ## - PHYSICAL MEDIUM
Material base and configuration Printed|Computer File
500 ## - GENERAL NOTE
General note Peer review
500 ## - GENERAL NOTE
General note Peer-review: Yes - Open Access: Yes|http://science.thomsonreuters.com/cgi-bin/jrnlst/jlresults.cgi?PC=MASTER&ISSN=0169-5150
500 ## - GENERAL NOTE
General note Supplement
520 ## - SUMMARY, ETC.
Summary, etc. Member countries of the Economic Community of West African States (ECOWAS) are expected to form a West African Monetary Zone (WAMZ) by December 2009, whereby members would use a common currency in an attempt to promote regional integration. Evidence suggests that reduction in transaction cost as a result of a decrease (or elimination) of nontariff barriers (NTBs) and real interest rates in response to elimination of exchange rate differentials positively influence trade. The objective of this study is to quantify the effects of (a) a 7% real interest rate on capital and (b) zero NTBs within ECOWAS countries, on cowpea (Vigna unguiculata (L.) Walp) trade to provide a measure of the potential impacts of the WAMZ on grain trade. The study applies a spatial and temporal price equilibrium model formulated in a mixed complementary programming (MCP) framework and solved using GAMS/PATH. The focus is on the Nigerian cowpea grainshed (NCG) comprising Benin, Burkina Faso, Côte d'Ivoire, Ghana, Mali, Niger, Nigeria, and Togo in ECOWAS, and Cameroon, Chad, and Gabon in the Central African Economic and Monetary Community (CAEMC). The results show that if WAMZ results in reduced real interest rates within ECOWAS, the larger of the two monetary unions, consumers in the relatively larger coastal economies and producers in the smaller Sahelian economies would benefit while all others lose. However, net social welfare would increase by 0.19% over the base case of 6.3 billion US$ (bUS$). Removing NTBs among countries in the larger trading bloc may alter the pattern of cowpea flows with total trade volume increasing by 3%, but inter-bloc trade decreasing by about 8%. The net total regional social welfare would increase by 0.14%, or 15 million US$ (mUS$), benefiting only consumers in importing countries and producers in exporting countries. The results emphasize the importance of specialization based on regional comparative advantage, but also draw attention to the need to devise ways to ensure acceptable welfare distribution among producers and consumers in line with policy objectives of the individual countries within the proposed WAMZ. Finally, this article contributes to the literature on the application of spatial and temporal models incorporating both ad valorem tariffs and differential interest rates in developing economies.
536 ## - FUNDING INFORMATION NOTE
Text of note Socioeconomics Program
546 ## - LANGUAGE NOTE
Language note Text in English
591 ## - CATALOGING NOTES
Affiliation John Wiley|0601
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Source of heading or term AGROVOC
9 (RLIN) 5144
Topical term or geographic name as entry element Cowpeas
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Source of heading or term AGROVOC
9 (RLIN) 27389
Topical term or geographic name as entry element Interest rates
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Source of heading or term AGROVOC
9 (RLIN) 24009
Topical term or geographic name as entry element Tariffs
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Source of heading or term AGROVOC
9 (RLIN) 1316
Geographic name Africa
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Lowenberg-DeBoer, J.
9 (RLIN) 12648
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Arndt, C.
9 (RLIN) 22256
773 0# - HOST ITEM ENTRY
Title Agricultural Economics
Note 633853
Related parts v. 33, no. s3, p. 411-421
Place, publisher, and date of publication United Kingdom : Wiley, 2005.
Record control number G444456
International Standard Serial Number 1574-0862
856 4# - ELECTRONIC LOCATION AND ACCESS
Link text Access only for CIMMYT Staff
Uniform Resource Identifier https://hdl.handle.net/20.500.12665/1108
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Article
Source of classification or shelving scheme Dewey Decimal Classification
Suppress in OPAC No
Holdings
Date last seen Total Checkouts Full call number Barcode Copy number Price effective from Koha item type Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Withdrawn status Home library Current library Date acquired
02/10/2015   CIS-4605 633853 1 02/10/2015 Article Not Lost Dewey Decimal Classification     CIMMYT Staff Publications Collection   CIMMYT Knowledge Center: John Woolston Library CIMMYT Knowledge Center: John Woolston Library 02/10/2015

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