Spatial price integration among selected bean markets in Malawi is popular PDF and ePub book, written by Wezzie S. Mtumbuka in 2014-07-16, it is a fantastic choice for those who relish reading online the Social Science genre. Let's immerse ourselves in this engaging Social Science book by exploring the summary and details provided below. Remember, Spatial price integration among selected bean markets in Malawi can be Read Online from any device for your convenience.
Spatial price integration among selected bean markets in Malawi Book PDF Summary
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.
Detail Book of Spatial price integration among selected bean markets in Malawi PDF
- Author : Wezzie S. Mtumbuka
- Release : 16 July 2014
- Publisher : Intl Food Policy Res Inst
- ISBN : 978186723xxxx
- Genre : Social Science
- Total Page : 16 pages
- Language : English
- PDF File Size : 19,9 Mb
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