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Market Integration In Mozambican Maize Markets
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Book Synopsis Market Integration in Mozambican Maize Markets by : Zerihun Gudeta Alemu
Download or read book Market Integration in Mozambican Maize Markets written by Zerihun Gudeta Alemu and published by African Books Collective. This book was released on 2008-12-31 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maize is the staple food and principal cash crop in Mozambique. Production is dominated by small-holders who sell their surpluses to generate income. Southern Mozambique is a maize deficit region while the North is in surplus, therefore trade between these two areas has implications for food security in the country and is expected to accelerate economic development. This study attempts to measure the extent of market integration between major maize markets in Mozambique. }The study is organised into six chapters. Chapter One presents findings of the investigation into the dynamics and operation of informal maize markets in Mozambique. Chapter Two presents a brief overview of the methods used in the analysis of market integration and gives a review of international studies and studies specific to Mozambique on market integration. Chapter Three reviews agricultural policies in Mozambique and provides an overview of the maize markets in Mozambique. The methodology applied in the study in discussed in Chapter Four while Chapter Five presents a discussion of results from the econometric analysis. In conclusion, Chapter six provides a summary of the results of the market survey and on the basis of the econometric analysis forwards recommendations.
Book Synopsis Maize Markets in Mozambique by : Channing Arndt
Download or read book Maize Markets in Mozambique written by Channing Arndt and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of market integration lies at the heart of many contemporary debates concerning market liberalization, price policy, and government agency reforms in developing country food markets, Mozambique being one of the poorest. Without spatial integration of markets, price signals will not be transmitted from deficit to surplus areas, prices will be more volatile, agricultural producers will fail to specialize according to long-term comparative advantage, and the gains from trade will not be realized. The objective of this article is to indicate the extent of market integration between major Mozambican maize markets. Recognizing the statistical dangers and inaccuracies of using measures of price correlation to test for market integration, a new methodology for testing the state of food market integration is employed in this study, namely the parity bounds model, (PBM) as developed by Baulch (1997). This method provides a more reliable procedure for testing violations of spatial arbitrage conditions than conventional methods, because it compares time series of observed price differentials with transfer costs and explicitly recognizes that spatial arbitrage conditions are represented by inequality constraints. The results point to a failure of spatial arbitrage conditions between the Maputo and Chimoio markets about 23% of the time over the period.
Book Synopsis Structure, conduct and performance of maize markets in Malawi by : Ochieng, Dennis O.
Download or read book Structure, conduct and performance of maize markets in Malawi written by Ochieng, Dennis O. and published by Intl Food Policy Res Inst. This book was released on 2019-08-21 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seasonal analysis of the structure, conduct, and performance (SCP) of markets for staple crops has received relatively little attention in food policy analysis yet it has important implications for food and nutrition security. This study employs a mixed methods approach to analyze the SCP of maize markets in Malawi in the 2018/19 main harvest and lean seasons. We interviewed 749 traders from 74 markets across 8 districts, held 28 focus group discussions (FGD) with a total of 480 farmers and analyzed daily and weekly price data from 13 regional markets. The structure of maize markets was explored by examining marketing channels, barriers to entry and the competitiveness of different tiers of the marketing chain. Inequality in sales revenues, switches in trader types between seasons, quality and weights standardization, and the behavior of traders were used to examine market conduct. Performance was assessed by examining traders’ costs and margins, and the spatial and temporal integration of maize markets. We find that Malawi’s maize market is pyramidal in structure and highly competitive at lower tiers of trade but ‘oligopolistic’ at higher tiers. The market channels vary across seasons with switches between trader types and instances of rural-urban trade reversals. There is considerable inequality of sales revenues among traders of similar capacities, and a widespread lack of structured trading despite existing institutions. A high ratio of marketing costs to revenue suggests marketing inefficiencies. Malawi maize prices were highly seasonal and more volatile than neighboring countries. In contrast to previous studies, our findings show weak spatial integration of markets and slow price adjustments to long-run equilibrium values even among short-distance market pairs. The study highlights five pathways to improving Malawi’s maize marketing system: (1) increased policy predictability to promote private-sector investment; (2) institutionalization of quality grades and standardization of weights and measures; (3) increased commercialization of smallholder maize production; (4) investment in enabling infrastructure; and (5) the promotion of structured trading.
Book Synopsis Measuring Integration and Efficiency in Maize Grain Markets by : L. Ndibongo Traub
Download or read book Measuring Integration and Efficiency in Maize Grain Markets written by L. Ndibongo Traub and published by . This book was released on 2010 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Multidimensional Economic Assessment of Africa by : Jacob Wood
Download or read book A Multidimensional Economic Assessment of Africa written by Jacob Wood and published by Springer Nature. This book was released on 2020-05-27 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a useful resource for government policy analysts, academics, students of higher education and business practitioners interested in African economies and the key economic issues these economies are facing in 2020. In the face of weak governance and growth globally, there is still a window of opportunity for countries in Africa to build on not only their traditional industrial capabilities, but also pave the way for positive developments in international trade and in the way governments tackle poverty and inequality. By focusing on four areas: (1) agriculture and livestock, (2) consumption, poverty and inequality, (3) financial services, employment and corporate governance, and (4) economic integration, international trade and foreign direct investment (FDI), this book presents a series of empirical studies that examine important contemporary economic issues facing Africa. The book incorporates a range of methodological approaches, with some chapters providing case study analyses while others embrace more traditional forms of econometric testing.
Book Synopsis Effects of Monetized Food Aid on Local Maize Prices in Mozambique by : Cynthia Donovan
Download or read book Effects of Monetized Food Aid on Local Maize Prices in Mozambique written by Cynthia Donovan and published by . This book was released on 1996 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Maize Price Differences and Evidence of Spatial Integration in Malawi by : Nyongo, Lovemore
Download or read book Maize Price Differences and Evidence of Spatial Integration in Malawi written by Nyongo, Lovemore and published by Intl Food Policy Res Inst. This book was released on with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study tests the long-run and short-run integration of maize markets in Malawi using the co-integration approach within the Vector Autoregressive modeling framework. The analysis is extended to Wald-F Granger Causality tests to see the direction of causality between maize markets. A total of six maize markets, two from each region, were analyzed. Three are urban markets, while two of the three rural markets are border markets. The study uses monthly maize retail prices for the period January 2000 to May 2008. Study findings show that nine out of the fifteen market pairs are integrated in the long-run, but the degree of short-run market integration is low, implying that the transmission of price information is slow.
Book Synopsis Spatial price integration among selected bean markets in Malawi by : Wezzie S. Mtumbuka
Download or read book Spatial price integration among selected bean markets in Malawi written by Wezzie S. Mtumbuka and published by Intl Food Policy Res Inst. This book was released on 2014-07-16 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research examines the extent of market integration among different bean markets across Malawi. Market integration is an indicator that efficiency exists within the flow of information between markets. The study focused on beans as they are a cheap source of protein affordable by the majority of rural smallholder farmers. Market price data for beans was obtained from the Ministry of Agriculture and Food Security and covered the period 1995 to 2011. The markets included in the study are Chitipa, Rumphi, Mzuzu, Lilongwe, Mitundu, Lizulu, Lunzu, Luchenza, and Bangula. Like prices of other agricultural crops, bean prices follow a general seasonal pattern, rising with increasing time since the last harvest and decreasing during the harvest period. Bean prices typically peak in December when bean supply to the market is low. The research results show that beans prices in different markets move in the same direction, meaning that the markets are co-integrated. However, price information is not fully transmitted between markets. Transaction costs were found to be higher in markets which are far away from major cities and in those markets serviced by poor roads. Based on the results, the study recommends the need to improve infrastructure and market information systems to enhance bean market efficiency in Malawi.
Book Synopsis Improving Maize Marketing and Trade Policies to Promote Household Food Security in Southern Mozambique by : Danila Carimo Abdula
Download or read book Improving Maize Marketing and Trade Policies to Promote Household Food Security in Southern Mozambique written by Danila Carimo Abdula and published by . This book was released on 2005 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Agricultural Supply Response and Poverty in Mozambique by : Rasmus Heltberg
Download or read book Agricultural Supply Response and Poverty in Mozambique written by Rasmus Heltberg and published by . This book was released on 2001 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Channing Arndt, Rui Benfica, Nelson Maximiano, Antonio M.D. Nucifora, James T. Thurlow Publisher :Intl Food Policy Res Inst ISBN 13 : Total Pages :32 pages Book Rating :4./5 ( download)
Book Synopsis Higher Fuel and Food Prices: Economic Impacts and Responses for Mozambique by : Channing Arndt, Rui Benfica, Nelson Maximiano, Antonio M.D. Nucifora, James T. Thurlow
Download or read book Higher Fuel and Food Prices: Economic Impacts and Responses for Mozambique written by Channing Arndt, Rui Benfica, Nelson Maximiano, Antonio M.D. Nucifora, James T. Thurlow and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Spatial market integration of food markets during a shock: Evidence from food markets in Nigeria by : Amare, Mulubrhan
Download or read book Spatial market integration of food markets during a shock: Evidence from food markets in Nigeria written by Amare, Mulubrhan and published by Intl Food Policy Res Inst. This book was released on 2023-11-08 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses comprehensive and long time series monthly food price data and a panel dyadic regression framework to evaluate the impact of the COVID-19 pandemic and associated policy responses on spatial market integration across a diverse set of food items in Nigeria. The empirical results reveal several important insights. First, we show that a significant slowdown in the speed of adjustment and price transmission occurred during the pandemic. For some food items, the speed of adjustment and, by implication, spatial market integration weakened by two- to-threefold after the pandemic outbreak. The effect was specially pronounced for perishable food items. Second, lockdown measures and the spread of the pandemic triggered additional dispersion in market prices across markets. For example, lockdown measures were associated with a 5–10 percent reduction in the speed of readjustment toward long-term equilibrium. Third, additional underlying attributes of markets, including lack of access to digital infrastructure and distance between markets, exacerbated impacts associated with the pandemic. For instance, access to Internet service reduced the slowdown in the speed of adjustment caused by the pandemic, but longer distances between market pairs induced greater slowdown in the speed of price transmission. Our findings offer important insights for revitalizing the efficiency of food markets affected by the pandemic. The heterogenous impacts of the pandemic across value chains and markets reinforce the need to properly target post-pandemic recovery interventions and investments. Finally, we offer some insights to reduce the vulnerability of food and market systems to disruptions in future pandemics or similar phenomena that inhibit food marketing and trade.
Book Synopsis Food Insecurity, Vulnerability and Human Rights Failure by : Basudeb Guha-Khasnobis
Download or read book Food Insecurity, Vulnerability and Human Rights Failure written by Basudeb Guha-Khasnobis and published by Springer. This book was released on 2007-10-11 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the significance of human rights approaches to food and the way it relates to gender considerations, addressing links between hunger and the HIV/AIDS pandemic, agricultural productivity and the environment.
Book Synopsis Taxation in a Low-Income Economy by : Channing Arndt
Download or read book Taxation in a Low-Income Economy written by Channing Arndt and published by Routledge. This book was released on 2009-03-04 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains a stimulating collection of analytical studies focusing on taxation in Mozambique. It tells a compelling story about tax systems in a low income economy increasingly integrated into the world trading system, but very much dependent on foreign trade taxes and international development assistance. Key issues covered include: A better understanding of the historical background of tax reforms in a representative African economy (Mozambique) along with an assessment of taxation performance in a comparative perspective. Insights into the practice and implications of tax policy, both from the perspective of the consumer and the firm level. Discussion of the existing institutional set up in which tax policy and its enforcement operate and analyses of current tax practices. Taxation themes at the border and at domestic level, which are typical for low-income economies, characterized by a high degree of reliance on foreign trade taxes. This volume is meant as a guide for developing country government officials and professional aid practitioners as well as academics, researchers and tax policy analysts working in the development field. It will also be of interest to students of development with a special interest in public finance issues in poor countries and how to improve policy-effectiveness, including tax policy, in a developing country setting.
Book Synopsis Africa, Transport and the Millennium Development Goals by : Raj Bardouille
Download or read book Africa, Transport and the Millennium Development Goals written by Raj Bardouille and published by Cambridge Scholars Publishing. This book was released on 2009-10-02 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport is an essential service that must contribute to national development objectives in health, education, agriculture and other sectors in guiding sub-Saharan Africa out of poverty. Developing policies aimed at providing safe, reliable and affordable transport infrastructure and services can and will make a substantial and sustainable contribution to eradicating extreme poverty and hunger, achieving universal primary education, improving health care and reducing HIV/AIDS. Although transport is identified as a priority in poverty reduction strategies, it has not generally been adequately addressed. Global responses tend to focus on rural transport infrastructure—principally roads—with little attention given to sub-sectors such as rivers, lakes, and railroads; and important geographical and econological differences are ignored. The needs of the urban poor have been weakly addressed, as have the access and mobility needs of women, the disabled and other disadvantaged groups, while strategies for adapting transport to agricultural production/distribution or social services (e.g. health and education) have not been adequately developed. A systematic approach to the development of sound, comprehensive transport sector programs that provide clear guidance on what is to be done is much needed. This volume—the product of an expert workshop held at Cornell University’s Institute for African Development in May, 2007—provides accounts of an array of African operational spaces in which transport is relevant to the Millennium Development Goals. It addresses many heretofore ignored dimesions of transport—mobility issues of the urban poor, of women and children, and issues of access to employment, education and health services. It provides an alignment of transport with the MDGs in what proves to be fertile ground for research with important messages for policy makers and consequences for policy.
Download or read book Agrekon written by and published by . This book was released on 2002 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Access to markets for smallholder farmers in Alto Molócue and Molumbo, Mozambique: Mid-term impact evaluation of INOVAGRO II by : Hosaena Ghebru
Download or read book Access to markets for smallholder farmers in Alto Molócue and Molumbo, Mozambique: Mid-term impact evaluation of INOVAGRO II written by Hosaena Ghebru and published by Intl Food Policy Res Inst. This book was released on 2019-10-22 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Innovation for Agribusiness (InovAgro) project, which launched with its first three year phase in 2010, uses a market system development (MSD) approach towards the goal of increasing incomes of men and women small-scale farmers in northern Mozambique. InovAgro interventions promote improved agricultural productivity, participation in selected high-potential value chains and the development of inclusive and sustainable market systems, such that impacts are expected to last long beyond the termination of the project. This paper presents results from a midline quantitative impact evaluation of the second phase of the InovAgro project interventions (2014-2017). In it, we use a carefully designed and executed quasi-experimental study design to credibly attribute changes in market engagement and welfare of participating farmers to exposure to the InovAgro II project, identifying and testing in what respects the intervention was most successful, and what regard it had less impact. Although InovAgro II projects operate in 11 districts of Zambézia and Cabo Delgado provinces, this impact evaluation focuses on two districts in Zambézia province (Alto Molócue and Molumbo), and in terms of value chains, focuses on the soybean and pigeon pea high-potential value chains, while the InovAgro II project interventions focus on these in addition to maize, sesame and groundnut. A baseline survey was undertaken in 2015 covering the 2014/2015 agricultural season and a midline follow-up survey was conducted in 2017, covering the 2016/2017 agricultural season and reaching 1,749 households of the original 1,886 households interviewed in the baseline survey. Using difference-in-difference estimation and propensity score matching, we find that exposure to the InovAgro II project is associated with an increase in the proportion of households selling soybean and pigeon pea by approximately 5% and 16%, respectively (significant at the .01 level). Exposure to the InovAgro II project also results in significantly higher shares of smallholder farmers using improved seed for soybean and pigeon pea (an increase of 6% for soybean and 2% for pigeon pea). We find that the InovAgro II project is also associated with significant increases in access to agricultural output market information from formal sources (5%) and hired labor for farming activities (8%). Despite the significant impacts on short term outcome variables, exposure to the InovAgro II project had limited impact on long term outcome variables, such as on rural-urban migration as well as engagement in the non-farm sector (two proxies for assessing potential welfare implications of the project) however this finding is not surprising given the impact evaluation covers only two years-a short period of time to bring about the long-term impacts expected to eventually emanate from an MSD project.
