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Missing credit markets and commodity marketing behavior AgEcon
Stephens, Emma C.; Barrett, Christopher B..
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2006 URL: http://purl.umn.edu/21347
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Spatial Price Adjustment with and without Trade AgEcon
Stephens, Emma C.; Mabaya, Edward T..
In this paper we introduce a switching error correction model (SECM) estimator that allows for the possibility that price transmission between markets might vary during periods with and without physical trade flows. Applying this new approach to semi-weekly data on tomato markets in Zimbabwe, we find that intermarket price adjustment occurs quickly and as much when there is no trade as when product flows from one market to another. This finding underscores the importance of information flow for market performance.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing; Research Methods/ Statistical Methods; Q13; R12; C32; P42.
Ano: 2008 URL: http://purl.umn.edu/6538
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Livelihood strategies in the rural Kenyan highlands AgEcon
Brown, Douglas R.; Stephens, Emma C.; Ouma, James Okuro; Murithi, Festus M.; Barrett, Christopher B..
The concept of a livelihood strategy has become central to development practice in recent years. Nonetheless, precise identification of livelihoods in quantitative data has remained methodologically elusive. This paper uses cluster analysis methods to operationalize the concept of livelihood strategies in household data and then uses the resulting strategy-specific income distributions to test whether the hypothesized outcome differences between livelihoods indeed exist. Using data from Kenya’s central and western highlands, we identify five distinct livelihood strategies that exhibit statistically significant differences in mean per capita incomes and stochastic dominance orderings that establish clear welfare rankings among livelihood strategies....
Tipo: Journal Article Palavras-chave: Livelihood strategy; Kenya; Smallholder agriculture; Cluster analysis; Community/Rural/Urban Development.
Ano: 2006 URL: http://purl.umn.edu/57019
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