Price response of herd off-take under market liberalization in a developing cattle sector: panel analysis applied to Kenya's ranching

dc.contributor.author	Nyariki, Dickson M.
dc.date.accessioned	2014-12-04T05:55:34Z
dc.date.available	2014-12-04T05:55:34Z
dc.date.issued	2009-04
dc.identifier.citation	Environment and Development Economics / Volume 14 / Issue 02 / April 2009, pp 263-280	en_US
dc.identifier.issn	1355-770X
dc.identifier.uri	http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=5316776&fulltextType=RA&fileId=S1355770X08004610
dc.identifier.uri	http://hdl.handle.net/123456789/325
dc.description	DOI: http://dx.doi.org/10.1017/S1355770X08004610	en_US
dc.description.abstract	The influence of price, in view of macro-economic policy change and a set of other factors, on herd off-take rates from ranches in Kenya over a period of 17 years was assessed. An AR(1) equation, based on Nerlove's classical dynamic supply model, was derived and fitted to panel data using the Cochrane Orcutt procedure. Pooling of data was done to circumvent data insufficiency, thereby improving the statistical power of the analysis. Results indicate that price change has had a significant effect on ranch herd off-take, and climatic factors also account for long-run off-take levels.	en_US
dc.language.iso	en	en_US
dc.publisher	Cambridge University Press	en_US
dc.title	Price response of herd off-take under market liberalization in a developing cattle sector: panel analysis applied to Kenya's ranching	en_US
dc.type	Article	en_US