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Essays on Dynamics of Cattle Prices in Three Developing Countries of Mali, Kenya, and Tanzania

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dc.contributor.advisor Bessler, David A. en_US
dc.creator Bizimana, Jean-Claude en_US
dc.date.accessioned 2012-07-16T15:58:53Z en_US
dc.date.accessioned 2012-07-16T20:27:16Z
dc.date.available 2012-07-16T15:58:53Z en_US
dc.date.available 2012-07-16T20:27:16Z
dc.date.created 2012-05 en_US
dc.date.issued 2012-07-16 en_US
dc.date.submitted May 2012 en_US
dc.identifier.uri http://hdl.handle.net/1969.1/ETD-TAMU-2012-05-11218 en_US
dc.description.abstract One of the growing agricultural subsectors in developing countries is livestock. Livestock and livestock products account for a third of the agricultural gross output. However, the lack of viable livestock market information systems to increase efficiency of markets and support the decision making of traders, pastoralists, and policy makers are still an obstacle for a full development of this subsector. It is along these lines that the USAID, through the Global Livestock-Collaborative Research Support Program, supported the introduction of livestock market information systems in Kenya and Tanzania in 2003, and later in Mali in 2007. The overall objective of the dissertation is to test for cattle markets integration in three African developing countries of Mali, Kenya, and Tanzania. One way of assessing the efficiency of market and the impacts of liberalization policies is to test for market integration and price transmission. We also analyzed price leadership among the markets in each of the three case studies. Autoregressive models (vector autoregressive models and error correction model) were used to determine the level of cattle market integration. The results show a low level of cattle markets integration in Mali. The cattle markets in Mali are more-or-less independent with regard to price transmission among markets. Kenya cattle markets showed a good level of integration among the markets. Chepareria market in the Rift Valley region (west) seemed to lead other markets in price signal transmission. Tanzanian cattle markets exhibited a higher level of integration with Pugu market, in Dar es Salaam, leading other cattle markets in price signal transmission. In conclusion, the cattle markets in Tanzania and Kenya appeared to have a relatively higher level of market integration compared to the cattle markets in Mali. There is a reasonable belief that the time the livestock market information system has been in place, in each country, played a role in the market integration process. More time and better communications seem to have allowed the market actors to learn arbitrage skills and strengthen their trade relationships that ultimately led to the market integration. en_US
dc.format.mimetype application/pdf en_US
dc.language.iso en_US en_US
dc.subject market integration en_US
dc.subject autoregressive models en_US
dc.title Essays on Dynamics of Cattle Prices in Three Developing Countries of Mali, Kenya, and Tanzania en_US
dc.type Thesis en
thesis.degree.department Agricultural Economics en_US
thesis.degree.discipline Agricultural Economics en_US
thesis.degree.grantor Texas A&M University en_US
thesis.degree.name Doctor of Philosophy en_US
thesis.degree.level Doctoral en_US
dc.contributor.committeeMember Kreuter, Urs en_US
dc.contributor.committeeMember Mjelde, James; Salin, Victoria; Angerer, Jay en_US
dc.type.genre thesis en_US
dc.type.material text en_US

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