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| Uchezuba, I.D.; Moshabele, E.; Digopo, D.. |
| Livestock farming significantly contributes to income generation and the improvement of the livelihoods of the rural poor in the Northern Cape. However, profitability and sustainability in the sector are constrained by low returns to investment due to a number of factors. The study investigates the factors influencing mainstream market participation among small-scale farmers in the five districts of the province. The main aim is to calculate the probability of small-scale farmers selling their livestock to more profitable mainstream markets, for example auction pens, against the odds of selling to informal speculators. A binary logistic regression model is applied to primary data collected from 60 sampled households in the districts of Kgalagadi, Pixley ka... |
| Tipo: Journal Article |
Palavras-chave: Speculators; Partial effects; Conditional probability; Market participation; Mainstream market; Livestock Production/Industries. |
| Ano: 2009 |
URL: http://purl.umn.edu/53382 |
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| Uchezuba, I.D.; Jooste, Andre; Willemse, Johan. |
| This study investigated asymmetric price and volatility spillover in the broiler value chain. The data used for the study includes farm and retail broiler monthly prices dated from January 2000 to August 2008. The threshold autoregressive (TAR) and momentum threshold autoregressive (M-TAR) models were used to investigate asymmetry in farm-retail market prices, whereas the exponential generalised autoregressive conditional heteroskedasticity (EGARCH) model was used to measure price volatility and the volatility spillover effect between retail and farm prices. Price asymmetry was found between farm and retail prices with retail prices responding more rapidly (with a lag) to negative than positive changes in farm price. The results indicate that within one... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2010 |
URL: http://purl.umn.edu/96434 |
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