IDEAS home Printed from https://ideas.repec.org/a/taf/deveza/v16y1999i1p125-140.html
   My bibliography  Save this article

A supply-response analysis of Botswana's livestock and sorghum: An error-correction approach

Author

Listed:
  • Oludele Akinboade

Abstract

This article is a supply-response analysis of Botswana's livestock and sorghum relative to agricultural/non-agricultural prices (terms of trade), and of capital-labour ratio, using an error-correction method. Aggregate capital-labour ratio is included to measure the importance of resource endowment in particular sectors. There has been, on average, a small progressive increase in livestock terms of trade and a decline in that of sorghum. Improvements in livestock price terms of trade encourage increased livestock (cattle) supply whereas declining terms of trade reduce sorghum production. The current arable pricing policy of the government is therefore of limited potential in transforming the sub-sector. Increases in capital-labour ratio tend to reduce agricultural production in the Botswana economy.

Suggested Citation

  • Oludele Akinboade, 1999. "A supply-response analysis of Botswana's livestock and sorghum: An error-correction approach," Development Southern Africa, Taylor & Francis Journals, vol. 16(1), pages 125-140.
    • Handle: RePEc:taf:deveza:v:16:y:1999:i:1:p:125-140
    DOI: 10.1080/03768359908440065
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/03768359908440065
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03768359908440065?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kym Anderson, 1987. "On Why Agriculture Declines with Economic Growth," Agricultural Economics, International Association of Agricultural Economists, vol. 1(3), pages 195-207, October.
    2. Mamingi, Nlandu, 1997. "The impact of prices and macroeconomic policies on agricultural supply: a synthesis of available results," Agricultural Economics, Blackwell, vol. 16(1), pages 17-34, March.
    3. William Jaeger & Charles Humphreys, 1988. "The Effect of Policy Reforms on Agricultural Incentives in Sub-Saharan Africa," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(5), pages 1036-1043.
    4. Martin, Will & Warr, Peter G, 1993. "Explaining the Relative Decline of Agriculture: A Supply-Side Analysis for Indonesia," The World Bank Economic Review, World Bank, vol. 7(3), pages 381-401, September.
    5. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    6. Baffes, John & Gautam, Madhur, 1996. "Price Responsiveness, Efficiency, and the Impact of Structural Adjustment on Egyptian Crop Producers," World Development, Elsevier, vol. 24(4), pages 765-771, April.
    7. Mundlak, Yair, 1985. "The Aggregate Agricultural Supply," Working Papers 232646, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
    8. Osita Ogbu & Mathurin Gbetibouo, 1990. "Agricultural Supply Response in Sub‐Saharan Africa: A Critical Review of the Literature," African Development Review, African Development Bank, vol. 2(2), pages 83-99.
    9. Jaeger, William & Humphreys, Charles, 1988. "The Effect of Policy Reforms on Agricultural Incentives In Sub-Saharan Africa," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270395, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Nlandu Mamingi, 1997. "The impact of prices and macroeconomic policies on agricultural supply: a synthesis of available results," Agricultural Economics, International Association of Agricultural Economists, vol. 16(1), pages 17-34, March.
    11. Marian E. Bond, 1983. "Agricultural Responses to Prices in Sub-Saharan African Countries (Réactions du secteur agricole aux prix en Afrique au sud du Sahara) (Reacciones de la agricultura ante los precios en los países de," IMF Staff Papers, Palgrave Macmillan, vol. 30(4), pages 703-726, December.
    12. Michael Lipton, 1987. "Limits of Price Policy for Agriculture: Which Way for the World Bank?," Development Policy Review, Overseas Development Institute, vol. 5(2), pages 197-215, June.
    13. M. H. Doran & A. R. C. Low & R. L. Kemp, 1979. "Cattle as a Store of Wealth in Swaziland: Implications for Livestock Development and Overgrazing in Eastern and Southern Africa," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 41-47.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mamingi, Nlandu, 1997. "The impact of prices and macroeconomic policies on agricultural supply: a synthesis of available results," Agricultural Economics, Blackwell, vol. 16(1), pages 17-34, March.
    2. John Baffes & Bruce Gardner, 2003. "The transmission of world commodity prices to domestic markets under policy reforms in developing countries," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(3), pages 159-180.
    3. Egnonto Koffi-Tessio, 2000. "Incitations et offre du coton au Togo. Une estimation économétrique," Économie rurale, Programme National Persée, vol. 257(1), pages 78-88.
    4. Lopez, Ramon & Ali, Ridwan & Larsen, Bjorn, 1991. "How trade and economic policies affect agriculture : a framework for analysis applied to Tanzania and Malawi," Policy Research Working Paper Series 719, The World Bank.
    5. Kargbo, J.M., 2005. "Impacts of monetary and macroeconomic factors on food prices in West Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(2), pages 1-20, June.
    6. Barrett, Christopher B., 1999. "The effects of real exchange rate depreciation on stochastic producer prices in low-income agriculture," Agricultural Economics, Blackwell, vol. 20(3), pages 215-230, May.
    7. Murat Öztürk, 2024. "An Agro-Food Planning System: Democratic, Decentralized, Holistic, and Voluntary Participatory," Sustainability, MDPI, vol. 16(21), pages 1-27, October.
    8. Punyasavatsut, Chaiyuth & Coxhead, Ian A., 2002. "On The Decline Of Agriculture In Developing Countries: A Reinterpretation Of The Evidence," Staff Papers 12659, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    9. Magrini, Emiliano & Morales-Opazo, Cristian & Balie, Jean, 2014. "Supply response along the value chain in selected SSA countries: the case of grains," 2014: Food, Resources and Conflict, December 7-9, 2014. San Diego, California 197193, International Agricultural Trade Research Consortium.
    10. Rainer Thiele, 2003. "Price Incentives, Non‐price Factors and Agricultural Production in Sub‐Saharan Africa: A Cointegration Analysis," African Development Review, African Development Bank, vol. 15(2‐3), pages 425-438.
    11. Kariuki, George Mbugua & Njaramba, Jennifer & Ombuki, Charles, 2021. "Tea Production Response to Climate Change in Kenya: An Autoregressive Distributed Lag Approach," African Journal of Economic Review, African Journal of Economic Review, vol. 10(1), December.
    12. Hans G. P. Jansen & Bas A. M. Bouman & Robert A. Schipper & Huib Hengsdijk & André Nieuwenhuyse, 2005. "An interdisciplinary approach to regional land use analysis using GIS, with applications to the Atlantic Zone of Costa Rica," Agricultural Economics, International Association of Agricultural Economists, vol. 32(1), pages 87-104, January.
    13. Will Martin & Kym Anderson, 2006. "Agricultural Trade Reform and the Doha Development Agenda," World Bank Publications - Books, The World Bank Group, number 6889.
    14. Biswas, Amit K. & Marjit, Sugata, 2003. "Interpreting Trade Statistics in Regulated and Deregulated Markets - An Analytical Exercise Based on Indian Experience," Conference papers 331070, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    15. Chen, Shyh-Wei & Shen, Chung-Hua, 2015. "Revisiting the Feldstein–Horioka puzzle with regime switching: New evidence from European countries," Economic Modelling, Elsevier, vol. 49(C), pages 260-269.
    16. Kym Anderson & Will Martin & Dominique van der Mensbrugghe, 2006. "Distortions to World Trade: Impacts on Agricultural Markets and Farm Incomes," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(2), pages 168-194.
    17. Oosthuizen, L.K., 1998. "Agriculture As A Driving Force Of Economic Development: Suggestions For Agricultural Development Policy In Southern Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 37(4), pages 1-21, December.
    18. Leaver, Rosemary, 2003. "Measuring The Supply Response Function Of Tobacco In Zimbabwe," 2003 Annual Conference, October 2-3, 2003, Pretoria, South Africa 19079, Agricultural Economics Association of South Africa (AEASA).
    19. Leaver, Rosemary, 2004. "Measuring the supply response function of tobacco in Zimbabwe," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(1), pages 1-19, March.
    20. SJ, Balaji & Pal, Suresh, 2021. "Agricultural Productivity, Pay-Gap, and Non-Farm Development: Contribution to Structural Transformation in India," 2021 Conference, August 17-31, 2021, Virtual 315213, International Association of Agricultural Economists.

    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:taf:deveza:v:16:y:1999:i:1:p:125-140. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CDSA20 .

    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.