Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo

This study examined the dynamics of fresh yam tuber prices and applied a hedonic pricing model to estimate the market values of tuber characteristics in two consumption centers in Togo. Real prices were modeled as a function of variables measuring yam species, physical attributes of tuber, origin of...

Full description

Bibliographic Details
Main Authors: Amegbeto, N.K., Manyong, Victor M., Coulibaly, O., Asiedu, Robert
Format: Journal Article
Language:Inglés
Published: African Journals Online 2007
Subjects:
Online Access:https://hdl.handle.net/10568/91339
_version_ 1855536530494324736
author Amegbeto, N.K.
Manyong, Victor M.
Coulibaly, O.
Asiedu, Robert
author_browse Amegbeto, N.K.
Asiedu, Robert
Coulibaly, O.
Manyong, Victor M.
author_facet Amegbeto, N.K.
Manyong, Victor M.
Coulibaly, O.
Asiedu, Robert
author_sort Amegbeto, N.K.
collection Repository of Agricultural Research Outputs (CGSpace)
description This study examined the dynamics of fresh yam tuber prices and applied a hedonic pricing model to estimate the market values of tuber characteristics in two consumption centers in Togo. Real prices were modeled as a function of variables measuring yam species, physical attributes of tuber, origin of production, market location, and time of the year as well as damage from pests, diseases, and handling. Estimations were based on a sample of 9958 tubers described, calibrated, and priced at six markets between August 2001 and July 2002. Results show that real prices of yam were erratic. Dioscorea rotundata (white yam) prices exhibited a steady decline from August to September which corresponds to its milking time, a slight increase in weeks preceding Christmas, an apparent stability from late December through January in Lomé (March in Sokodé), and a steady increase from February in Lomé (March in Sokodé) into late July. Dioscorea alata (water yam) tubers appeared on the markets in December and their prices remained more or less stable throughout January, declined to their lowest level in February, and increased steadily thereafter. Results also suggest the existence of price premium to producers and retailers for growing /selling early maturing D. rodundata compared to late maturing varieties. In contrast, D. alata varieties were substantially discounted on the markets. Characteristics of tuber size, tuber shape, yellowish flesh color, and few supply sources had statistically significant and positive market values. Among symptoms of damage caused by diseases, pests, and handling, only rotting and mealybugs inflicted a discount on tuber value in Lomé and Sokodé respectively. Time factors were the most important variables affecting real prices. The period from April to July when time premiums are highest represents a market window for yam commercialization. Results can be used by yam producers in making appropriate decisions regarding cultivar selection, time of planting, harvesting, and marketing in order to increase farm incomes effectively.
format Journal Article
id CGSpace91339
institution CGIAR Consortium
language Inglés
publishDate 2007
publishDateRange 2007
publishDateSort 2007
publisher African Journals Online
publisherStr African Journals Online
record_format dspace
spelling CGSpace913392023-12-08T19:36:04Z Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo Amegbeto, N.K. Manyong, Victor M. Coulibaly, O. Asiedu, Robert hedonic prices box+cox transformation yams market value harvesting yam tuber consumption This study examined the dynamics of fresh yam tuber prices and applied a hedonic pricing model to estimate the market values of tuber characteristics in two consumption centers in Togo. Real prices were modeled as a function of variables measuring yam species, physical attributes of tuber, origin of production, market location, and time of the year as well as damage from pests, diseases, and handling. Estimations were based on a sample of 9958 tubers described, calibrated, and priced at six markets between August 2001 and July 2002. Results show that real prices of yam were erratic. Dioscorea rotundata (white yam) prices exhibited a steady decline from August to September which corresponds to its milking time, a slight increase in weeks preceding Christmas, an apparent stability from late December through January in Lomé (March in Sokodé), and a steady increase from February in Lomé (March in Sokodé) into late July. Dioscorea alata (water yam) tubers appeared on the markets in December and their prices remained more or less stable throughout January, declined to their lowest level in February, and increased steadily thereafter. Results also suggest the existence of price premium to producers and retailers for growing /selling early maturing D. rodundata compared to late maturing varieties. In contrast, D. alata varieties were substantially discounted on the markets. Characteristics of tuber size, tuber shape, yellowish flesh color, and few supply sources had statistically significant and positive market values. Among symptoms of damage caused by diseases, pests, and handling, only rotting and mealybugs inflicted a discount on tuber value in Lomé and Sokodé respectively. Time factors were the most important variables affecting real prices. The period from April to July when time premiums are highest represents a market window for yam commercialization. Results can be used by yam producers in making appropriate decisions regarding cultivar selection, time of planting, harvesting, and marketing in order to increase farm incomes effectively. 2007 2018-03-07T11:25:38Z 2018-03-07T11:25:38Z Journal Article https://hdl.handle.net/10568/91339 en Limited Access African Journals Online Amegbeto, N.K., Manyong, V., Coulibaly, O. & Asiedu, R. (2007). Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo. Annales des Sciences Agronomiques du Benin, 9(2), 29-48.
spellingShingle hedonic prices
box+cox transformation
yams
market value
harvesting
yam tuber
consumption
Amegbeto, N.K.
Manyong, Victor M.
Coulibaly, O.
Asiedu, Robert
Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo
title Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo
title_full Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo
title_fullStr Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo
title_full_unstemmed Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo
title_short Determinants of market value for fresh yam (Dioscorea species) tubers in two consumption centers in Togo
title_sort determinants of market value for fresh yam dioscorea species tubers in two consumption centers in togo
topic hedonic prices
box+cox transformation
yams
market value
harvesting
yam tuber
consumption
url https://hdl.handle.net/10568/91339
work_keys_str_mv AT amegbetonk determinantsofmarketvalueforfreshyamdioscoreaspeciestubersintwoconsumptioncentersintogo
AT manyongvictorm determinantsofmarketvalueforfreshyamdioscoreaspeciestubersintwoconsumptioncentersintogo
AT coulibalyo determinantsofmarketvalueforfreshyamdioscoreaspeciestubersintwoconsumptioncentersintogo
AT asiedurobert determinantsofmarketvalueforfreshyamdioscoreaspeciestubersintwoconsumptioncentersintogo