The spatial integration of livestock markets in Niger

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dc.contributor.authorFafchamps, M.en
dc.contributor.authorGavian, S.en
dc.contributor.departmentSustainable Agriculture and Natural Resource Management (SANREM) Knowledgebaseen
dc.coverage.spatialNigeren
dc.coverage.temporal1968 - 1988en
dc.date.accessioned2016-04-19T18:55:16Zen
dc.date.available2016-04-19T18:55:16Zen
dc.date.issued1996en
dc.descriptionMetadata only recorden
dc.description.abstractA study of the integration of livestock markets in Niger is presented. Analysis is based on data of 15 animal categories collected monthly in 38 districts over a period of 21 years (1968-88). Price variability over space is examined by testing whether Nigerian livestock prices are spatially integrated. It is shown that livestock markets are poorly integrated. Prices are seldom co integrated, suggesting that large price differentials occasionally persist between adjacent areas for long periods of time. A parity bounds approach indicates that one has to assume high transportation costs and large quality variations to reconcile the data with efficient spatial arbitrage. These results confirm descriptive studies that have emphasized regional segmentation in West African livestock trade. (CAB Abstracts)en
dc.format.mimetypetext/plainen
dc.identifier901en
dc.identifier.citationJournal of African Economies 5(3): 366-405en
dc.identifier.issn0963-8024en
dc.identifier.urihttp://hdl.handle.net/10919/65796en
dc.language.isoen_USen
dc.relation.urihttp://jae.oxfordjournals.org/content/5/3/366.abstracten
dc.rightsIn Copyrighten
dc.rights.holderCopyright Centre for the Study of African Economiesen
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectMarketsen
dc.subjectLivestocken
dc.subjectLocal marketsen
dc.subjectLivestocken
dc.subjectMarket integrationen
dc.subjectDomestic marketsen
dc.subjectPricesen
dc.subjectFarm/Enterprise Scale Field Scaleen
dc.titleThe spatial integration of livestock markets in Nigeren
dc.typeAbstracten
dc.type.dcmitypeTexten

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