Livestock pricing in the northern Kenyan rangelands
This paper uses detailed, transactions-level data and an innovative, structural-heteroskedasticity-in-mean estimation method to identify the determinants of livestock producer prices for pastoralists in the drylands of northern Kenya. The empirical results confirm the importance of animal characteri...
| Autores principales: | , , , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Oxford University Press
2003
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| Acceso en línea: | https://hdl.handle.net/10568/928 |
| _version_ | 1855516676285530112 |
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| author | Barrett, Christopher B. Chabari, F. Bailey, D.V. Little, P.D. Coppock, D. Layne |
| author_browse | Bailey, D.V. Barrett, Christopher B. Chabari, F. Coppock, D. Layne Little, P.D. |
| author_facet | Barrett, Christopher B. Chabari, F. Bailey, D.V. Little, P.D. Coppock, D. Layne |
| author_sort | Barrett, Christopher B. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper uses detailed, transactions-level data and an innovative, structural-heteroskedasticity-in-mean estimation method to identify the determinants of livestock producer prices for pastoralists in the drylands of northern Kenya. The empirical results confirm the importance of animal characteristics, periodic events that predictably shift local demand or supply and, especially, rainfall on the prices pastoralists receive for animals. Price risk premia are consistently negative in these livestock markets. The imposition of quarantines has a sharp negative effect on expected producer prices in the pastoral areas, revealing that Kenya's approach to animal disease control favours wealthier highlands ranchers and consumers at the expense of poorer drylands herders. |
| format | Journal Article |
| id | CGSpace928 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2003 |
| publishDateRange | 2003 |
| publishDateSort | 2003 |
| publisher | Oxford University Press |
| publisherStr | Oxford University Press |
| record_format | dspace |
| spelling | CGSpace9282024-03-06T10:16:43Z Livestock pricing in the northern Kenyan rangelands Barrett, Christopher B. Chabari, F. Bailey, D.V. Little, P.D. Coppock, D. Layne This paper uses detailed, transactions-level data and an innovative, structural-heteroskedasticity-in-mean estimation method to identify the determinants of livestock producer prices for pastoralists in the drylands of northern Kenya. The empirical results confirm the importance of animal characteristics, periodic events that predictably shift local demand or supply and, especially, rainfall on the prices pastoralists receive for animals. Price risk premia are consistently negative in these livestock markets. The imposition of quarantines has a sharp negative effect on expected producer prices in the pastoral areas, revealing that Kenya's approach to animal disease control favours wealthier highlands ranchers and consumers at the expense of poorer drylands herders. 2003-06-01 2010-03-26T12:25:55Z 2010-03-26T12:25:55Z Journal Article https://hdl.handle.net/10568/928 en Limited Access Oxford University Press Barrett, C.B.; Chabari, F.; Bailey, D.V.; Little, P.D.; Coppock, D.L. 2003. Livestock pricing in the northern Kenyan rangelands. Journal of African Economies 12(2):127-155. |
| spellingShingle | Barrett, Christopher B. Chabari, F. Bailey, D.V. Little, P.D. Coppock, D. Layne Livestock pricing in the northern Kenyan rangelands |
| title | Livestock pricing in the northern Kenyan rangelands |
| title_full | Livestock pricing in the northern Kenyan rangelands |
| title_fullStr | Livestock pricing in the northern Kenyan rangelands |
| title_full_unstemmed | Livestock pricing in the northern Kenyan rangelands |
| title_short | Livestock pricing in the northern Kenyan rangelands |
| title_sort | livestock pricing in the northern kenyan rangelands |
| url | https://hdl.handle.net/10568/928 |
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