Response of Food Crops Production to Economic Incentives in Kenya

Response of Food Crops Production to Economic Incentives in Kenya

Agricultural development policy in Kenya has over the years focused on providing incentives for increased production of food crops for self sufficiency. Both price and non-price instruments have been advocated for as a means of improving economic conditions for farmers. This book reports results of an investigation on the response of maize, sorghum and millet production to both price and non-price incentives. It discusses the relative importance of price and non price incentives while also exploring the complementarity between them. The arguments suggests that good prices alone cannot produce the desired effects and that a comprehensive policy combining both price and non-price instruments is needed to raise food crops production in Kenya.

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Valuing Irrigation Water Attributes

Valuing Irrigation Water Attributes

Natural resources such as water and environmental attributes are valuable assets to humans. Despite the various benefits derived from these resources obtaining the appropriate price for environmental resources is a bit difficult due to the absence of market. As a result most of the time macro-economic planners fail to recognize the total value of these resources. Thus failure of the market system to allocate a price for environmental resources correctly creates the need for economic measures of values to guide policy making. This book thus analyses the determinants of households’ willingness to pay for irrigation water supply by using contingent valuation and choice experiment methods. Multinomial logit, Probit and random parameter logit models were used to analyze the factors influencing households’ willingness to pay and to estimate measures of welfare change for farm households. The practical analysis on environmental resource valuation would be handy to professionals in environmental and natural resources economics fields or anyone else interested in pricing of environmental resources.

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Chapman Allen Ralph, the Train Dispatcher: or, The Mystery of the Pay Car

Chapman Allen Ralph, the Train Dispatcher: or, The Mystery of the Pay Car

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Price Instability in the Maize Market in Malawi

Price Instability in the Maize Market in Malawi

This timely book explores Seasonal Price Instability in the Malawi Maize Market over the 21-year period from 1989 to 2009, covering five interlocking dimensions. The first establishes the reasons why maize price instability in Malawi is critical. The second sets out the causes and effects of price instability, and its relationship to the history of the maize market in Malawi, including the current policy options for Price Stabilization such as the Market Based Risk Management Options. The third analyses the average magnitude of seasonal price changes. The fourth examines competitiveness of the Malawi maize market. The fifth provides an analytic narrative account of episodes of extreme maize price volatility in Malawi. Among the findings of the book include: the 21 year gross seasonal margin for maize averaged 60 per cent, and varies by location. Other food crops exhibit less price seasonality. The maize market is competitive, but politics characterize extreme price spikes. The book is an essential reading material for students, researchers, personnel and consultants working on food security issues in sub-Saharan African countries.

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Deep Purple: From The Setting Sun... (In Wacken)

Deep Purple: From The Setting Sun... (In Wacken)

Содержание:01. Highway Star 02. Into The Fire 03. Hard Lovin' Man 04. Vincent Price 05. Strange Kind Of Woman 06. Contact Lost 07. The Well-Dressed Guitar 08. Hell To Pay 09. Lazy 10. Above And Beyond 11. No One Came 12. Don Airey's Solo 13. Perfect Strangers 14. Space Truckin' 15. Smoke On The Water 16. Green Onions / Hush 17. Black Night Bonus material:Official Video Clip "Vincent Price"

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Real Price of Mexican Coffee?s Quality at World

Real Price of Mexican Coffee?s Quality at World

Given the importance of price premium on price?s signals into the return of quality. This study examines the pricing mechanism for coffee in Mexico. The first stage analyses the current market channels focusing on potential imperfect competition among processors. This examination is focus on the failure of pricing mechanisms to send the appropriate price signals with regard to coffee quality. Building on the models of imperfect competition and market failure due to producer size, effect of these distortions on the relative price of Mexican coffee are estimated. The general objective of these studies are to examine the quality of coffee and its price differences in the market. The specific objectives are to develop a model which utilizes coffee quality to determinate price premium and determine whether game theory gives coffee farmers an instrument for determining quality for domestic and international coffee market. A series of models to analyze the effect of the market channel in pricing the quality of Mexican coffee are developed. A restricted form of channel analysis is used to analyze the potential for rent extraction through quality differentiation in Mexican coffee market.

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Measuring Instability of price and production of Pulses in Bangladesh

Measuring Instability of price and production of Pulses in Bangladesh

This study assessed the production and price instability of pulses in Bangladesh. The study analyzed the data in different ways to capture the different views of instability by the different participants. Grass pea was constituted highest seasonal price instability among the all viewers and pigeon pea was in the lowest ranking. Average model, random walk model, linear trend model, exponential trend model and ARIMA model were applied to determine the production and long run price instability. Average viewers had a feeling of more instability than others for both the cases. ARIMA type models showed the lowest price instability for all kinds of pulses. In case of production instability, trend viewers felt more instability than random walk viewers but in case of price instability, trend viewers felt less instability than naive viewers. Chickpea was found in the first position of production instability in the overall ranking because of low level of disease resistant power. On the other hand, grass pea was in the first ranking for the long run price instability because of more volatility in the demand side. Pigeon pea was positioned in the last ranking for all the cases.

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Does the U.S dollar have an effect on the price of oil?

Does the U.S dollar have an effect on the price of oil?

This study aims at investigating the following: first, whether the U.S exchange rate has a negative effect on the price of crude oil or not; second, whether there is a unidirectional relationship or not that runs from the U.S dollar exchange rate to the price of crude oil by conducting a Granger causality test; third, verify whether there is a long- run relationship between our proposed variables by conducting a co-integrated test by using the Engle-Granger test. This study finds a significant negative bivariate relation between the price of crude oil and the U.S dollar exchange rate when using monthly data. Furthermore, when using the same annual values of the two variables, this study shows that change of U.S dollar exchange rate does Granger cause the change in the price of crude oil at 5% level of significance, however, the oil price does not Granger cause change in U.S exchange rate at 5% level of significance. Therefore, the existence of a one way (unidirectional) effect is realized at 5% level of significance, which runs from the U.S dollar exchange rate to the price of crude oil.

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Bruce Schneier Schneier on Security

Bruce Schneier Schneier on Security

Presenting invaluable advice from the world?s most famous computer security expert, this intensely readable collection features some of the most insightful and informative coverage of the strengths and weaknesses of computer security and the price people pay – figuratively and literally – when security fails. Discussing the issues surrounding things such as airplanes, passports, voting machines, ID cards, cameras, passwords, Internet banking, sporting events, computers, and castles, this book is a must-read for anyone who values security at any level – business, technical, or personal.

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