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| Mghenyi, Elliot W.; Jayne, Thomas S.. |
| This study estimates the effects on poverty resulting from maize price changes associated with the operations of the maize marketing board in Kenya. We consider both supply and demand responses and the accompanying adjustments in rural labor markets in estimating a second order approximation to equilibrium income changes. We then use stochastic dominance techniques to generate poverty rankings between the distribution of income with the effects of the government marketing operations and the distribution of counterfactual incomes. This approach effectively addresses concerns regarding the sensitivity of poverty estimates to the type of poverty measure used. Results indicate that the price-elevating effects of government maize marketing operations have... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Kenya; Income transfers; Maize policy; Crop Production/Industries; Food Security and Poverty; C22; O2; Q13; Q18. |
| Ano: 2006 |
URL: http://purl.umn.edu/25466 |
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| Jayne, Thomas S.; Myers, Robert J.; Nyoro, James K.. |
| The Government of Kenya pursues maize marketing policy objectives through the National Cereals and Produce Board (NCPB) which procures and sells maize at administratively determined prices, and stores maize as a contingency against future shortages. A private sector marketing channel competes with the NCPB and prices in this channel are set by supply and demand forces. This paper estimates the effects of NCPB activities on the historical path of private sector maize market prices in Kenya between 1989 and 2004. Results provide important insights into the historical effects of the NCPB, and will provide useful input into deliberations on the appropriate role for the NCPB in the future. It was not possible to use a fully structural econometric model to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Kenya; Income transfers; Maize policy; Price stabilization; VAR; International Development; C22; O2; Q13; Q18. |
| Ano: 2006 |
URL: http://purl.umn.edu/25555 |
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