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Pricing and operational efficiencies in the livestock feed market in Ondo State, Nigeria AgEcon
Oguntade, Adegboyega E.; Mafimisebi, Taiwo Ejiola.
The Nigerian commercial poultry sector is dependent on commercial feeds. Evaluation of the operational and pricing efficiencies of poultry feed marketing is essential for improving efficiencies in the feed industry and lowering the price of poultry products. A multistage sampling technique was used to select the firms studied. Tools used to analyze data collected included index of pricing and operational efficiencies; and regression analysis. The firms studied handled about N251,870,000 of feed per annum, had an annual Inventory Carrying Cost (ICC) of N4,587,762 and an average ICC of N114,694 per firm. The Marketing Costs (MC) for all the firms was N16,813,860 per annum while the average MC was N420,347. Major contributors to ICC were storage; handling...
Tipo: Journal Article Palavras-chave: Poultry feed; Operational; Pricing efficiency; Marketing costs; Nigeria; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/95076
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Are Australian wholesale vegetable markets LOOPy? AgEcon
Nicols, Panos; Ahmadi-Esfahani, Fredoun Z..
Literature regarding the pricing efficiency of Australian wholesale vegetable markets is very limited. The objective of this paper is to test whether or not vegetable products traded in these markets are priced efficiently and satisfy the law of one price (LOOP). To that end, the price relationships between Adelaide and Melbourne markets are tested, using the Johansen cointegration approach, Granger causality and impulse response functions. The empirical findings do not appear to satisfy the LOOP. Policy implications of the analysis are explored.
Tipo: Conference Paper or Presentation Palavras-chave: Law of one price; Australian wholesale vegetable markets; Pricing efficiency; Demand and Price Analysis; Marketing.
Ano: 2009 URL: http://purl.umn.edu/47618
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