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The Role of ICT-based Market Information Services in Spatial Food Market Integration: The Case of Malawi Agricultural Commodity Exchange AgEcon
Katengeza, Samson P.; Mangisoni, Julius H.; Okello, Julius Juma.
The government of Malawi in 2004 initiated an ICT-based Malawi Agricultural Commodity Exchange (MACE), a market information service project, to improve access by farmers to market information. MACE was intended to improve the efficiency of agricultural markets as part of the strategy to improve food security. This study uses quantitative methods to examine whether MACE has contributed to efficiency of rice markets in Malawi. It especially tests if MACE has contributed to spatial integration of rice markets. As hypothesized, the study finds that the tendency of rice prices to move together in spatially separated markets has significantly increased since the implementation of MACE. It concludes that ICT-based market information services improve the...
Tipo: Journal Article Palavras-chave: ICT-based intervention; Market information service; Market integration; Rice; Malawi; Research and Development/Tech Change/Emerging Technologies.
Ano: 2010 URL: http://purl.umn.edu/96170
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MALAWI AGRICULTURAL COMMODITY EXCHANGE AND SPATIAL RICE MARKET INTEGRATION AgEcon
Katengeza, Samson P..
There has been a growing debate regarding the role of the government and the effects of agricultural policies and interventions on agricultural markets. This therefore prompted this study to analyse the role of Malawi Agricultural Commodity Exchange (MACE) project as a market-enhancing intervention on aggregate market performance in Malawi using cointegration methods. MACE was introduced to improve agricultural market functioning through market information system. The study specifically examined the extent of spatial rice market integration, causality relationships among spatially separated markets and the dynamic adjustments of rice price series. The study used monthly price series data from 1994 to 2007 obtained from the ministry of agriculture. The data...
Tipo: Thesis or Dissertation Palavras-chave: Crop Production/Industries; Marketing.
Ano: 2009 URL: http://purl.umn.edu/117804
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