View
Publication Type
Conference Proceedings
UWI Author(s)
Author, Analytic
Abdulkadri, Abdullahi O.
Author Role
n/a
Author Affiliation
Department of Economics
Paper/Section Title
Determinants of price spread in food crop markets in Jamaica: A case study of negro yam
Medium Designator
n/a
Connective Phrase
n/a
Editor/Compiler
n/a
Editor/Compiler Role
n/a
Proceedings Title
17th Annual Conference on Science and Technology
Date of Meeting
November 19 -22 2003
Place of Meeting
Kingston, Jamaica
Place of Publication
n/a
Publisher Name
n/a
Date of Publication
n/a
Date of Copyright
n/a
Volume ID
n/a
Location in Work
n/a
Extent of Work
n/a
Packaging Method
n/a
Series Editor
n/a
Series Editor Role
n/a
Series Title
n/a
Series Volume ID
n/a
Location/URL
n/a
ISBN
n/a
Notes
n/a
Abstract
Within the last decade, Jamaica has experienced systematic decline in domestic food production while prices have been on the rise. In 1993, the all-island estimate of total Negro yam production was 28,850 tonnes. By 2002, total production island-wide had declined to 14,183 tonnes. Although, production declined steadily over this period, the real market price for Negro yam recorded an upward trend, suggesting that either market price is not an enough incentive for production or that the middle-men do not pass on increased market prices to the farmers. This paper addresses this concern by examining those factors that determine spread between farm-gate and market prices (marketing margin) and the impact of these factors on the marketing margin. Results of econometric model indicate that market price and transportation cost positively affect marketing margin while depreciation of the Jamaican dollar negatively affects marketing margin. The findings suggest that ample opportunities exist for increased Negro yam production when institutions are put in place to facilitate more efficient marketing of farm produce.....
read more