Cattle Markets Integration and Price Discovery: The Case of Mali.

This article analyses the level of integration in 10 cattle markets in Mali. The results indicate a limited interdependence among markets where, in majority of cases, more than 70 per cent of price variation is due to own-price shocks. However, the Ségou market exhibited a high level of interaction...

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Publicado en:Journal of Development Studies Vol. 51; no. 3; pp. 319 - 335
Autores principales: Bizimana, Jean-Claude, Angerer, Jay P., Bessler, David A., Keita, Francis
Formato: Artículo
Publicado: Taylor & Francis Ltd Mar2015
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Acceso en línea:Ver este registro en EBSCOhost
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        au:
          Bizimana, Jean-Claude
          Angerer, Jay P.
          Bessler, David A.
          Keita, Francis
        affil:
          Blackland Research and Extension Center, Texas A&M University, Temple, TX, USA
          Department of Agricultural Economics, Texas A&M University, College Station, TX, USA
          Observatoire du Marché Agricole (OMA), Bamako, Mali
      su:
        Mali
        Microeconomics
        Supply & demand
        Cattle
        Grazing
      sug:
        subj:
          Microeconomics
          Supply & demand
          Mali
          Cattle Feedlots
          Dual-Purpose Cattle Ranching and Farming
          Livestock Merchant Wholesalers
          Cattle
          Grazing
      ab: This article analyses the level of integration in 10 cattle markets in Mali. The results indicate a limited interdependence among markets where, in majority of cases, more than 70 per cent of price variation is due to own-price shocks. However, the Ségou market exhibited a high level of interaction with other markets, behaving mostly as a price information receiver. Some markets behaved as sources of price information, however, without taking a clear price leadership role. This low level of market integration may be attributed to limited access to livestock markets and timely price information.
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    language: English
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