Autor: |
Bationo, Andre, Waswa, Boaz, Kihara, Job, Kimetu, Joseph, Serem, A.K, Maritim, H.K, Kipsat, M., Kisinyo, P., Nyangweso, P. |
Zdroj: |
Advances in Integrated Soil Fertility Management in sub-Saharan Africa: Challenges & Opportunities; 2007, p1013-1018, 6p |
Abstrakt: |
This study aimed at firstly testing whether cattle markets in Kenya are related in the long term. Secondly it was aimed at testing whether the markets have a system of control that dictates market behaviour and price formation. Thirdly the study aimed at contributing towards a better way of conceptualizing agricultural markets in a developing country set up. Secondary time series monthly price data of cattle for a period of 27 months from various cattle markets were collected and analysed using the Co-integration analysis method. Other data was collected through depth interviews. This data was analysed descriptively. The results showed that three of the cattle markets are integrated. It was additionally found that prices tend to be supply driven rather than demand driven. The study also showed that the markets are controlled by established traders through control of information flow, economic control and monopoly over butcheries as well as end product market channels. The traders also practice some form of sales promotion, coordination and predatory or exclusionary tactics directed against established rivals or potential entrants. With respect to control of markets, the difficult circumstances in which traders operate dictate their "modus operandi"as it were. Although these traders play a good role in marketing, their actions prevent equitable distribution of wealth. This in turn is reflected in the form of unexploited potentials in existing markets since existing markets cease to function as efficient generators and distributors of wealth [ABSTRACT FROM AUTHOR] |
Databáze: |
Supplemental Index |
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