Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia
We test the hypothesis whether levels of key traits of sheep heterogeneously affect market prices of sheep in a rural setting. Feasible generalized least squares and (un)conditional quantile regression estimations were made on a dataset of 1153 sheep transactions in two primary small ruminant market...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Language: | Inglés |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/170181 |
| _version_ | 1855515614551998464 |
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| author | Yitayew, A. Kassie, Girma T. Abduali, A. Nigussie, Z. |
| author_browse | Abduali, A. Kassie, Girma T. Nigussie, Z. Yitayew, A. |
| author_facet | Yitayew, A. Kassie, Girma T. Abduali, A. Nigussie, Z. |
| author_sort | Yitayew, A. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We test the hypothesis whether levels of key traits of sheep heterogeneously affect market prices of sheep in a rural setting. Feasible generalized least squares and (un)conditional quantile regression estimations were made on a dataset of 1153 sheep transactions in two primary small ruminant markets in the Amhara region of Ethiopia. The empirical results show that animal traits affect the observed prices of sheep differently, but only partly explain the sheep price differences. Our results also reveal that in addition to animal traits, the type of buyers and seasonality of sheep marketing cause heterogeneity in the observed prices. These findings imply that targeting the animal traits demanded by the market and access to price information that enables farmers to respond to the seasonal changes in livestock markets are essential to increase the income of sheep keepers. |
| format | Journal Article |
| id | CGSpace170181 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| record_format | dspace |
| spelling | CGSpace1701812025-12-08T09:54:28Z Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia Yitayew, A. Kassie, Girma T. Abduali, A. Nigussie, Z. livestock sheep research We test the hypothesis whether levels of key traits of sheep heterogeneously affect market prices of sheep in a rural setting. Feasible generalized least squares and (un)conditional quantile regression estimations were made on a dataset of 1153 sheep transactions in two primary small ruminant markets in the Amhara region of Ethiopia. The empirical results show that animal traits affect the observed prices of sheep differently, but only partly explain the sheep price differences. Our results also reveal that in addition to animal traits, the type of buyers and seasonality of sheep marketing cause heterogeneity in the observed prices. These findings imply that targeting the animal traits demanded by the market and access to price information that enables farmers to respond to the seasonal changes in livestock markets are essential to increase the income of sheep keepers. 2024-09-30 2025-01-28T08:43:47Z 2025-01-28T08:43:47Z Journal Article https://hdl.handle.net/10568/170181 en Open Access Yitayew, A., Kassie, G.T., Abduali, A. and Nigussie, Z. 2024. Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia. PLOS ONE 19(9): e0308651 |
| spellingShingle | livestock sheep research Yitayew, A. Kassie, Girma T. Abduali, A. Nigussie, Z. Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia |
| title | Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia |
| title_full | Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia |
| title_fullStr | Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia |
| title_full_unstemmed | Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia |
| title_short | Willingness to pay for sheep traits and their heterogeneous effects on prices: Evidence from primary livestock markets in Ethiopia |
| title_sort | willingness to pay for sheep traits and their heterogeneous effects on prices evidence from primary livestock markets in ethiopia |
| topic | livestock sheep research |
| url | https://hdl.handle.net/10568/170181 |
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