The Determinants of Livestock Prices in Niger.

Not only does livestock make an important contribution to rural incomes and export earnings in the Sahel, it is also kept as insurance against weather risk. Fluctuations in livestock prices can therefore trigger food entitlement failures. Using monthly price data from Niger, we show that livestock p...

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Detalhes bibliográficos
Principais autores: Fafchamps, M, Gavian, S
Formato: Journal article
Idioma:English
Publicado em: OUP 1997
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author Fafchamps, M
Gavian, S
author_facet Fafchamps, M
Gavian, S
author_sort Fafchamps, M
collection OXFORD
description Not only does livestock make an important contribution to rural incomes and export earnings in the Sahel, it is also kept as insurance against weather risk. Fluctuations in livestock prices can therefore trigger food entitlement failures. Using monthly price data from Niger, we show that livestock prices respond to droughts and pasture availability. They are also exposed to aggregate shifts in export revenues and meat demand that affect Niger and its southern neighbor Nigeria. These shifts add an important element of risk to the livelihood of Sahelian farmers and pastoralists. Famine early-warning systems should keep an eye not only on weather shocks but also on macroeconomic conditions and other factors affecting the livestock economy.
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spelling oxford-uuid:a88ec748-ed16-42b0-a80c-c117613f3cd52022-03-27T03:02:27ZThe Determinants of Livestock Prices in Niger.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:a88ec748-ed16-42b0-a80c-c117613f3cd5EnglishDepartment of Economics - ePrintsOUP1997Fafchamps, MGavian, SNot only does livestock make an important contribution to rural incomes and export earnings in the Sahel, it is also kept as insurance against weather risk. Fluctuations in livestock prices can therefore trigger food entitlement failures. Using monthly price data from Niger, we show that livestock prices respond to droughts and pasture availability. They are also exposed to aggregate shifts in export revenues and meat demand that affect Niger and its southern neighbor Nigeria. These shifts add an important element of risk to the livelihood of Sahelian farmers and pastoralists. Famine early-warning systems should keep an eye not only on weather shocks but also on macroeconomic conditions and other factors affecting the livestock economy.
spellingShingle Fafchamps, M
Gavian, S
The Determinants of Livestock Prices in Niger.
title The Determinants of Livestock Prices in Niger.
title_full The Determinants of Livestock Prices in Niger.
title_fullStr The Determinants of Livestock Prices in Niger.
title_full_unstemmed The Determinants of Livestock Prices in Niger.
title_short The Determinants of Livestock Prices in Niger.
title_sort determinants of livestock prices in niger
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AT gavians thedeterminantsoflivestockpricesinniger
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