Analysis of factors influencing dairy market involvement in Bamenda, Northwest province, Cameroon
N. Emmanuel Tambi and
B. Michael Vabi
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N. Emmanuel Tambi: Institute of Animal Research, Livestock Systems Research Program, Bamenda, N.W.P., Cameroon, Postal: Institute of Animal Research, Livestock Systems Research Program, Bamenda, N.W.P., Cameroon
B. Michael Vabi: Institute of Animal Research, Livestock Systems Research Program, Bamenda, N.W.P., Cameroon, Postal: Institute of Animal Research, Livestock Systems Research Program, Bamenda, N.W.P., Cameroon
Agribusiness, 1994, vol. 10, issue 4, 293-304
Abstract:
The hypothesis that high levels of market involvement lead to increased dairy production and high farm income is investigated. Four behavioral relationships are provided in a system of equations to estimate the effects of factors influencing milk output, home demand, price, and market supply. Value of farm assets, financial responsibility of household head, input cost, and price significantly (p < 0.05) influence market supply (R 2 = 0.63). However, price is relatively inflexible to changes in market supply. Home demand for milk exhibits a positive and significant (p < 0.05) effect on price, suggesting that price goes up as home demand increases. Policy implications for dairy development in Cameroon are provided. ©1994 by John Wiley & Sons, lnc.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:10:y:1994:i:4:p:293-304
DOI: 10.1002/1520-6297(199407/08)10:4<293::AID-AGR2720100403>3.0.CO;2-8
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