A test of whether millet acreage in Niger is determined by official or private market prices

Niger has two separate marketing channels for grain: one is the official system operated by the government; the other is a parallel channel of private traders. Researchers or policymakers wanting to study effects of price policies on producers are faced with two sets of prices. This paper seeks to answer the question, which prices matter? Non-nested hypothesis tests are conducted for millet-acreage response equations. The results show that prices from the larger private market are the prices that matter.


Issue Date:
1990-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/172513
Published in:
Agricultural Economics: The Journal of the International Association of Agricultural Economists, Volume 04, Issue 3-4
Page range:
287-296
Total Pages:
10




 Record created 2017-04-01, last modified 2018-01-22

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