The ultimate impact of multilateral and own-country agricultural policy reforms will depend
on the extent to which those reforms “pass-through” across national borders, within countries, and from local markets down to the household level. At the heart of policy pass-through is the question of “price transmission”, i.e. the extent to which price changes in one market lead to price changes in another market...
Estimating the Pass‑Through of Agricultural Policy Reforms
An Application to Brazilian Commodity Markets
Policy paper
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