Cattle Markets Integration and Price Discovery: The Case of Mali Academic Article uri icon

abstract

  • © 2015, Taylor & Francis. Abstract: This article analyses the level of integration in 10 cattle markets in Mali. The results indicate a limited interdependence among markets where, in majority of cases, more than 70 per cent of price variation is due to own-price shocks. However, the Ségou market exhibited a high level of interaction with other markets, behaving mostly as a price information receiver. Some markets behaved as sources of price information, however, without taking a clear price leadership role. This low level of market integration may be attributed to limited access to livestock markets and timely price information.

author list (cited authors)

  • Bizimana, J., Angerer, J. P., Bessler, D. A., & Keita, F.

citation count

  • 3

publication date

  • February 2015