Analysis of factors influencing dairy market involvement in Bamenda, northwest province, Cameroon

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...

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Veröffentlicht in:Agribusiness (New York, N.Y.) N.Y.), 1994-07, Vol.10 (4), p.293-304
Hauptverfasser: Tambi, N.E. (Institute of Animal Research, N.W.P., Cameroon), Vabi, B.M
Format: Artikel
Sprache:eng
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Zusammenfassung: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 (R2 = 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.
ISSN:0742-4477
1520-6297
DOI:10.1002/1520-6297(199407/08)10:4<293::AID-AGR2720100403>3.0.CO;2-8