IDEAS home Printed from https://ideas.repec.org/a/icf/icfjag/v06y2009i3-4p56-65.html
   My bibliography  Save this article

An Analysis of Poultry Investment Function: A Case Study of Lesotho

Author

Listed:
  • H M Bello
  • R T Nokotjoa
  • Ch Paramaiah

Abstract

This paper examines the long-run relationship between investment and the response variables in poultry production in Lesotho. The paper uses data obtained from secondary sources for the period 2000-2005, on poultry production in Maseru, Mohale’s Hoek and Leribe districts to estimate poultry investment function for Lesotho. Investment, represented by the number of chicks produced, is modeled as a function of interest rate, income, uncertainty, chicken meat imports and seasonality. The results reveal long-run convergence of the dependent and independent variables. They highlight that all the independent variables are very important decision variables in investment in poultry production in Lesotho. Results also indicate that chicken meat imports contribute negatively to gross investment in poultry production and the income of farmers is the best variable to explain investment in poultry production.

Suggested Citation

  • H M Bello & R T Nokotjoa & Ch Paramaiah, 2009. "An Analysis of Poultry Investment Function: A Case Study of Lesotho," The IUP Journal of Agricultural Economics, IUP Publications, vol. 0(3-4), pages 56-65, July-Octo.
    • Handle: RePEc:icf:icfjag:v:06:y:2009:i:3-4:p:56-65
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjag:v:06:y:2009:i:3-4:p:56-65. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.