@article{Minten:121306,
      recid = {121306},
      author = {Minten, Bart and Kyle, Steven C.},
      title = {Asymmetry in Wholesale-Retail Food Price Transmission in  an African Metropolitan Area: The Case of Kinshasa (Zaire)},
      address = {1995-09},
      number = {641-2016-43209},
      series = {SP 95-09},
      pages = {28},
      year = {1995},
      abstract = {This study presents a new explanation of asymmetric price  behavior infood markets based on the presence of  transactions costs,and provides evidence from a developing  country. Price liberalization can in many cases be  insufficient for efficien toperation of African food  markets. This is mainly due to the existence of significant  transactions costs, caused by deficient infrastructure and  information systems. A model based on search costs and  kinked demand curves is used to explain asymmetric price  behavior in retail markets in Kinshasa (Zaire).},
      url = {http://ageconsearch.umn.edu/record/121306},
      doi = {https://doi.org/10.22004/ag.econ.121306},
}