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Livestock Pricing In The Northern Kenyan Rangelands

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Author Info
Barrett, Chris
Chabari, Francis
Bailey, Deevon
Coppock, Layne
Little, Peter

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Abstract

This paper uses detailed, transactions-level data and a structural-heteroskedasticity-in-mean model 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 a distributionally regressive approach to animal disease control in Kenya.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2001 Annual meeting, August 5-8, Chicago, IL with number 20460.

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Date of creation: 2001
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Handle: RePEc:ags:aaea01:20460

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Related research
Keywords: Demand and Price Analysis; Livestock Production/Industries;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Fafchamps, Marcel, 1998. "The Tragedy of the Commons, Livestock Cycles and Sustainability," Journal of African Economies, Oxford University Press, vol. 7(3), pages 384-423, October.
  2. Andargachew, K. & Brokken, Ray F., 1993. "Intra-annual sheep price patterns and factors underlying price variations in the central highlands of Ethiopia," Agricultural Economics, Blackwell, vol. 8(2), pages 125-138, February. [Downloadable!] (restricted)
  3. Fafchamps, Marcel & Gavian, Sarah, 1997. "The Determinants of Livestock Prices in Niger," Journal of African Economies, Oxford University Press, vol. 6(2), pages 255-95, July.
  4. McPeak, John G & Barrett, Christopher B, 2001. " Differential Risk Exposure and Stochastic Poverty Traps among East African Pastoralists," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 83(3), pages 674-79, August. [Downloadable!] (restricted)
  5. Fafchamps, Marcel & Gavian, Sarah, 1996. "The Spatial Integration of Livestock Markets in Niger," Journal of African Economies, Oxford University Press, vol. 5(3), pages 366-405, October.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Barrett, Christopher B. & Luseno, Winnie K., 2002. "Decomposing Producer Price Risk: A Policy Analysis Tool With An Application To Northern Kenyan Livestock Markets," Working Papers 14753, Cornell University, Department of Applied Economics and Management. [Downloadable!]
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  2. Bellemare, Marc F. & Barrett, Christopher B. & Osterloh, Sharon M., 2004. "Household-Level Livestock Marketing Behavior Among Northern Kenyan and Southern Ethiopian Pastoralists," Working Papers 14749, Cornell University, Department of Applied Economics and Management. [Downloadable!]
  3. Barrett, Christopher B. & Luseno, Winnie K., 2001. "Decomposing Producer Price Risk: An Analysis Of Livestock Markets In Northern Kenya," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36154, Western Agricultural Economics Association. [Downloadable!]
  4. Christiaensen, Luc. J. & Subbarao, Kalanidhi, 2004. "Toward an understanding of household vulnerability in rural Kenya," Policy Research Working Paper Series 3326, The World Bank. [Downloadable!]
  5. Adugna, Teressa, 2006. "Determinants of Market Prices of Cattle in Eastern Ethiopia," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25336, International Association of Agricultural Economists. [Downloadable!]
  6. Marijke Verpoorten, 2007. "Household Coping in war- and peacetime: cattle sales in Rwanda, 1991-2001," LICOS Discussion Papers 18907, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
    Other versions:
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