Analysis Of Main Determinants Of Soybean Price Volatility In Malawi
DOWNLOAD
Download Analysis Of Main Determinants Of Soybean Price Volatility In Malawi PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Analysis Of Main Determinants Of Soybean Price Volatility In Malawi book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Analysis Of Main Determinants Of Soybean Price Volatility In Malawi
DOWNLOAD
Author : Aubrey Victor Chimaliro
language : en
Publisher:
Release Date : 2018
Analysis Of Main Determinants Of Soybean Price Volatility In Malawi written by Aubrey Victor Chimaliro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The study primarily focuses on analysing the extent of soybean price volatility in Malawi. The interest in the study was triggered by the findings from literature noting soybean prices in Malawi as being particularly volatile. Soybean is one of the most important oilseed crops in Malawi and has the potential to become a major export crop. It offers good export prospects to neighbouring countries in Southern Africa, but has also been prioritised for its potential domestic contribution in Malawi. It is regarded as one of the value chains that promotes better nutrition in Malawi since most diets are dominated by maize, which contributes to malnutrition in Malawi. The study empirically estimates soybean price volatility using a GARCH (1,1) model and results indicate that both the lagged squared residual and the lagged conditional variance have an effect on the conditional variance of soybean prices. GARCH terms are significant, indicating some volatility clustering in monthly returns of soybeans in Malawi, South Africa and the world. The study confirms that soybean prices in Malawi have been more volatile relative to South Africa and the USA. To evaluate the extent to which domestic soybean price volatility can be attributed to regional and global market volatility, the Engle-Granger procedure was employed to estimate long-run co-integration between soybean prices in Malawi, South Africa and the world. The prices are categorised into six pairs and testing the long-run co-integration between these pairs involve both directions. Five out of the six pairs of prices exhibit long-run co-integrating relationships. An error correction model (ECM) is also employed to estimate the speed of adjustment to the equilibrium for five co-integrated price series. South Africa is the fastest in responding to the USA price changes, taking two months. Malawi is the second fastest since it takes about four months for soybean prices to respond to shocks in South African markets. However, it takes about seven months for the USA soybean prices to respond to price shocks in the South African markets which is longer than the period that Malawi takes to respond. South Africa takes nine months to respond to the shocks that occur in the Malawian markets. USA is the lowest in terms of the speed of adjustment since it takes about sixteen months to respond to the Malawian market shocks. Therefore, this study agrees with expectation that changes in the international markets affect the domestic markets. This is so because South Africa is a small nation in the international soybean market and Malawi is even much smaller 0́3 the volumes traded in these markets are considered too small to have any meaningful impact on world market prices. Lastly, to evaluate the influence of shocks on the South African prices, as well as selected macro-economic variables in Malawi on soybean price volatility in Malawi, the study employs a vector error correction model (VECM) to evaluate the long- and short-run relationship between soybean prices and explanatory variables (South Africa soybean prices, exchange rates and consumer price index). The error correction coefficient of -0.2089 is negative and highly significant which is in line with expectations. The Johansen test points to the possibility of 1 or 2 cointegrated relationships between variables. The Wald test results show that the probability values of the joint F-statistics for South African soybean prices and Malawi exchange rate are significant at 10% and 5% levels respectively. Based on the significance of both the error correction term and the joint F-statistics of the two lagged variables in the Wald test results, the study concludes that South Africa soybean prices and Malawi exchange rate are significant drivers of volatility in Malawi soybean prices.
Are Malawi S Maize And Soya Trade Restrictions Causing More Harm Than Good
DOWNLOAD
Author : Edelman, Brent
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-06-24
Are Malawi S Maize And Soya Trade Restrictions Causing More Harm Than Good written by Edelman, Brent and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-24 with Political Science categories.
Since the early 2000s, the government of Malawi has used trade restrictions, export bans in particular, to control trade flows for maize and soya, among other crops. Maize export bans, justified in the name of national food security, have been in place more or less continuously since 2005, with the ban lifted temporarily in 2007-08 and 2009-11. Export bans on soya, used to benefit domestic vegetable oil processors and the poultry industry in the form of lower input prices, were imposed several times for a few months at a time between 2010 and 2012. In 2013, government scrapped soya export bans as a trade policy tool, but since 2015 has explored other measures to limit soya exports, including an export levy and a mandate that all soya exports be processed through a single trading company.
A Farm Level Perspective Of The Policy Challenges For Export Diversification In Malawi
DOWNLOAD
Author : Johnson, Michael E.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-08-26
A Farm Level Perspective Of The Policy Challenges For Export Diversification In Malawi written by Johnson, Michael E. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-26 with Political Science categories.
The primary goal of the study is to investigate the potential to expand oilseeds, specifically soybeans,as an alternative commercialcrop to tobacco among Malawian farmers. A principal motivation for undertaking the study at the microeconomic level is to determine, in a theoretically consistent fashion, the type of policy and economic environment under which farmers begin to shift more of their scarce resources to oilseed production.The study aims to provide recommendations to a growing demand among policy makers and development partners for a greater diversification of exports and crop production systems of the majority smallholder farmers in Malawi. Using representative farm models, the study examinesthe potential for expanding production of soybeans among typical smallholder farming systems in Malawi. The results will help guide future policies and investments targeted at promoting greater crop diversification and incomes, in order to reduce poverty and malnutrition in Malawi. Given the amount of labor and land resources allocated to maize production for food security purposes, we also consider the policy challenges that emerge for crop diversification as a result
The Impact Of Climate Variability And Extremes On Agriculture And Food Security An Analysis Of The Evidence And Case Studies
DOWNLOAD
Author : Food and Agriculture Organization of the United Nations
language : en
Publisher: Food & Agriculture Org.
Release Date : 2020-12-12
The Impact Of Climate Variability And Extremes On Agriculture And Food Security An Analysis Of The Evidence And Case Studies written by Food and Agriculture Organization of the United Nations and has been published by Food & Agriculture Org. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-12 with Science categories.
Global climate studies show that not only temperatures are increasing and precipitation levels are becoming more varied, all projections indicate these trends will continue. It is therefore imperative that we understand changes in climate over agricultural areas and their impacts on agriculture production and food security. This study presents new analysis on the impact of changing climate on agriculture and food security, by examining the evidence on recent climate variability and extremes over agricultural areas and the impact of these on agriculture and food security. It shows that more countries are exposed to increasing climate variability and extremes and the frequency (the number of years exposed in a five-year period) and intensity (the number of types of climate extremes in a five-year period) of exposure over agricultural areas have increased. The findings of this study are compelling and bring urgency to the fact that climate variability and extremes are proliferating and intensifying and are contributing to a rise in global hunger. The world’s 2.5 billion small-scale farmers, herders, fishers, and forest-dependent people, who derive their food and income from renewable natural resources, are most at risk and affected. Actions to strengthen the resilience of livelihoods and food systems to climate variability and extremes urgently need to be scaled up and accelerated.
The State Of Food Security And Nutrition In The World 2018
DOWNLOAD
Author : Food and Agriculture Organization of the United Nations
language : en
Publisher: Food & Agriculture Org.
Release Date : 2018-09-14
The State Of Food Security And Nutrition In The World 2018 written by Food and Agriculture Organization of the United Nations and has been published by Food & Agriculture Org. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-14 with Political Science categories.
New evidence this year corroborates the rise in world hunger observed in this report last year, sending a warning that more action is needed if we aspire to end world hunger and malnutrition in all its forms by 2030. Updated estimates show the number of people who suffer from hunger has been growing over the past three years, returning to prevailing levels from almost a decade ago. Although progress continues to be made in reducing child stunting, over 22 percent of children under five years of age are still affected. Other forms of malnutrition are also growing: adult obesity continues to increase in countries irrespective of their income levels, and many countries are coping with multiple forms of malnutrition at the same time – overweight and obesity, as well as anaemia in women, and child stunting and wasting.
Agriculture Food Security And Nutrition In Malawi Leveraging The Links
DOWNLOAD
Author : Aberman, Noora-Lisa
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2018-02-22
Agriculture Food Security And Nutrition In Malawi Leveraging The Links written by Aberman, Noora-Lisa and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-22 with Political Science categories.
Although the Malawian food supply is shaped largely by trends in smallholder food crop production, Malawi’s decades-long focus on improving smallholder productivity has only moderately improved food security and nutrition outcomes. Country statistics indicate an estimated 36.7 percent of rural Malawian households failed to access sufficient calories between 2010 and 2011. During the same period, 47 percent of children under the age of five years were estimated to be stunted in their growth. These indicators imply that some Malawian diets are lacking in terms of quantity (total calories consumed), and most are lacking in terms of quality (sufficient calories derived from nutrient-dense foods, such as meat, fish, eggs, dairy, legumes, fruits, and vegetables). Good nutrition requires both enough total calories (quantity) and enough vitamins and minerals per calorie (quality). How can Malawi better leverage its smallholder agriculture sector to improve nutrition? This report provides a series of primary and secondary data analyses that examine different aspects of this question.
Handbook Of Microsimulation Modelling
DOWNLOAD
Author : Cathal O'Donoghue
language : en
Publisher: Emerald Group Publishing
Release Date : 2014-11-06
Handbook Of Microsimulation Modelling written by Cathal O'Donoghue and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-06 with Business & Economics categories.
Microsimulation Modelling involves the application of simulation methods to micro data for the purposes of evaluating the effectiveness and improving the design of public policy. The field has been applied to many different policies within both government and academia. This handbook describes and discusses the main issues within the field.
Bibliography Of Agriculture
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1990
Bibliography Of Agriculture written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Agriculture categories.
Bibliography Of Agriculture With Subject Index
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1993-03
Bibliography Of Agriculture With Subject Index written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-03 with Agriculture categories.
Environmental Extremes Threatening Food Crops
DOWNLOAD
Author : Nasim Ahmad Yasin
language : en
Publisher: Frontiers Media SA
Release Date : 2023-05-08
Environmental Extremes Threatening Food Crops written by Nasim Ahmad Yasin and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-08 with Medical categories.