000267886 001__ 267886
000267886 005__ 20180206174412.0
000267886 022__ $$a0794-4748
000267886 037__ $$a2066-2018-919
000267886 041__ $$aeng
000267886 245__ $$aReview of Marketing Board Policy: Comparative Analysis of Cocoa Pricing Eras in Nigeria
000267886 260__ $$c2014
000267886 269__ $$a2014-2014-2014
000267886 336__ $$aJournal Article
000267886 520__ $$aThe study focuses on reviewing the marketing policies with the specific interest in comparing the price of cocoa during marketing board era with that of the post-marketing board era. The study objectives include examining the prevailing economic situations; comparing the producer and consumer prices during the two eras; and evaluate the effect of the two marketing board eras on cocoa production. Time series data for the period 1966 to 2009, were sourced from Cocoa Research Institute, Ibadan, FAOSTAT and Annual Bulletin of Statistics of the National Bureau of Statistics. Descriptive statistics, Trend analysis and Co-integration Analysis were used to analyse the data. The result revealed that that there is trend in the cocoa production during the marketing board era as compared to the post-marketing board era. This is attributed to the increase in the prices experienced in post marketing board era. The study also established that during the marketing board era, prices and marketing margins affected the production of cocoa. The marketing board era had positive impact on the cocoa production although the trend analysis revealed the post marketing era has higher production. Thus the study recommends that Government and cocoa farmers should learn from the price stabilization mechanism of marketing board era. The government should move away from direct involvement in running the economy such as the marketing of cocoa.
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000267886 546__ $$aEnglish
000267886 650__ $$aAgricultural and Food Policy
000267886 650__ $$aDemand and Price Analysis
000267886 6531_ $$aMarketing Board
000267886 6531_ $$aCocoa
000267886 6531_ $$aPrice
000267886 6531_ $$aCo-integration Analysis
000267886 700__ $$aAyinde, O. E.
000267886 700__ $$aAdewumi, M O.
000267886 700__ $$aNmadu, J. N.
000267886 700__ $$aOlatunji, G. B.
000267886 700__ $$aEgbugo, K.
000267886 773__ $$jVolume 04$$kNumber 1$$o79$$q68$$tNigerian Journal of Agricultural Economics
000267886 8560_ $$fowosawe@gmail.com
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000267886 909CO $$ooai:ageconsearch.umn.edu:267886$$pGLOBAL_SET
000267886 980__ $$a2066