Since well-functioning markets are important for economic development, policymakers need to make sure that the right policies that promote a vibrant market system are in place. This policy note is a synthesis of a technical paper that assesses the degree of maize market integration in Mozambique using a new technique an iterative process between parametric threshold modeling and kernel smoothing that allows one to estimate transaction costs in a more flexible way
Van Campenhout, Bjorn. 2015. Synopsis: Market integration in Mozambique: A non-parametric extension to the threshold model. MozSSP Policy Note 12. Washington, D.C.: International Food Policy Research Institute (IFPRI). http://ebrary.ifpri.org/cdm/ref/collection/p15738coll2/id/129101