International Journal of Agricultural Economics

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Livestock Price Formation in Suri Pastoral Communities in Bench Maji Zone, Southwest Ethiopia: Hedonic Property Value Approach

Received: 27 March 2017    Accepted: 10 April 2017    Published: 07 June 2017
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Abstract

Livestock are non-marketed assets which are used to enhance social status in Suri pastoral communities. The lack of access to formal or informal market for livestock, livestock products and by-products in the area forced the Suris to barter livestock with other physical properties in times of family emergencies and food shortage. This study, therefore, aimed at assessing how livestock price was formed in a bartering economy in Surma pastoralist district. Primary data were collected through key informant interview and structured questionnaire. A total of 100 pastoralists were selected by using simple random sampling technique. Data were analyzed using hedonic property value (HPV) approach and multiple linear regression analysis. The result revealed that livestock rearing provide multiple benefits to Suris in terms of enhancing wealth and social status, dispute settlement, source of diet and bride payment. The absence of market place and periodic market date in the area made Suris to barter cattle forbarn of maize, Kalashnikovs, goats and gold mine. However, physical characteristics like age and body condition of ox/bull; and external factors like season and market location affected cattle price. Therefore, attention has to be given to the factors affecting cattle price to improve the benefits of the pastoralists.

DOI 10.11648/j.ijae.20170204.11
Published in International Journal of Agricultural Economics (Volume 2, Issue 4, July 2017)
Page(s) 90-95
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Pastoralists, Hedonic Property Value Approach, Price Formation, Barter Economy

References
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[2] The World Initiative for Sustainable Pastoralism (WISP). (2006). Global Review of theEconomics of Pastoralism.
[3] Ouma, E., Abdulai, A., and Drucker, A. (nd). Pastoralists Preferences for Cattle Traits:Letting them be heard. Paper Contribution for the Conference on Pastoralism and PovertyReduction in East Africa: A Policy Research Conference to be held in June 27-28,Nairobi, Kenya.
[4] Food Sovereignty Brief. (2012). Pastoralism in Sub-Saharan Africa: Know its Advantages, Understand its Challenges, Act for its Sustainability. No. 5. May 2012.
[5] The Economist Intelligence Unit (EIU). (nd). The Horn of Africa Livestock Market System:Lessons from Elsewhere. A report by The Economist Intelligence Unit.
[6] Convention on Biological Diversity (CBD). (2010). Pastoralism, Nature Conservation and Development. A Good Practice Guide.
[7] USAID. (2016). Karamoja Livestock Market Assessment Report. USAIDEast AfricaResilience Learning Project, January 2016.
[8] Jabbar, M. A., and Gezahegn, A. (2003). Livestock Marketing, Food Security and RelatedIssuesin Ethiopia.
[9] SNNPR (south nation’s nationalities peoples region) Livelihood Profile, (2005). Surma Agro-Pastoral Livelihood Zone.
[10] The Oakland Institute, (2014). Engineering Ethnic Conflict. The Toll of Ethiopia’sPlantation Development on The Suri People.
[11] Abbink, J. (2003). Love and death of cattle: The paradox in Suri attitudes toward livestock,Ethnos, 68: 3, 341-364.
[12] Abbink, J. (2000b). Tourism and its Discontents: Suri-Tourist Encounters in SouthernEthiopia. Social Anthropology, 8(1):1–17.
[13] CSA (Central Statistical Authority), (2007). Statistical census. Addis Ababa, Ethiopia.
[14] Polasub, W. (2008). Economic Valuation Based on Surrogate Market. Regional Training Workshop on “The Economic Valuation of the Goods and Services of Coastal Habitats”, March 24-28, 2008, Samut Songkram, Thailand.
[15] Rosen, S. (1974), “Hedonic Prices and Implicit Markets: Product Differentiation in PureCompetition.” Journal of Political Economy.
[16] Williams, T. O., Okike, I., and Spycher, B. (2006). A Hedonic Analysis of Cattle Prices inthe Central Corridor of West Africa: Implications for Production and Marketing Decisions. Contributed paper prepared for presentation at the International Association of Agricultural Economists Conference, Gold Coast, Australia, August 12-18, 2006.
[17] BBC, (2014). BBC Documentary.
[18] Bailey, D. V., Barrett, C. B., Little, P. D., and Chabari, F. (1999). Livestock Markets andRisk Management among East African Pastoralists: A Review and Research Agenda.
[19] Hailemariam, T., Getachew, L., Dawit, A., and Asfaw, N. (2009). Determinants of Livestock Prices in Ethiopian Pastoral Livestock Markets: Implications for Pastoral Marketing Strategies. Contributed Paper prepared for presentation at the International Association of Agricultural Economists Conference, Beijing, China, August 16-22, 2009.
[20] Teressa, A. (2006).Determinants of Market Prices of Cattle in Eastern Ethiopia.Contributedpaper prepared for presentation at the International Association ofAgriculturalEconomists Conference, Gold Coast, Australia, August 12-18, 2006. mmunication Initiative 2007.
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Author Information
  • Mizan-Tepi University, College of Agriculture and Natural Resources, Mizan-Aman, Ethiopia

  • Mizan-Tepi University, College of Agriculture and Natural Resources, Mizan-Aman, Ethiopia

  • Mizan-Tepi University, College of Agriculture and Natural Resources, Mizan-Aman, Ethiopia

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    Getahun Kassa, Dessalegn Anshiso, Tegegn Fantahun. (2017). Livestock Price Formation in Suri Pastoral Communities in Bench Maji Zone, Southwest Ethiopia: Hedonic Property Value Approach. International Journal of Agricultural Economics, 2(4), 90-95. https://doi.org/10.11648/j.ijae.20170204.11

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    ACS Style

    Getahun Kassa; Dessalegn Anshiso; Tegegn Fantahun. Livestock Price Formation in Suri Pastoral Communities in Bench Maji Zone, Southwest Ethiopia: Hedonic Property Value Approach. Int. J. Agric. Econ. 2017, 2(4), 90-95. doi: 10.11648/j.ijae.20170204.11

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    AMA Style

    Getahun Kassa, Dessalegn Anshiso, Tegegn Fantahun. Livestock Price Formation in Suri Pastoral Communities in Bench Maji Zone, Southwest Ethiopia: Hedonic Property Value Approach. Int J Agric Econ. 2017;2(4):90-95. doi: 10.11648/j.ijae.20170204.11

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  • @article{10.11648/j.ijae.20170204.11,
      author = {Getahun Kassa and Dessalegn Anshiso and Tegegn Fantahun},
      title = {Livestock Price Formation in Suri Pastoral Communities in Bench Maji Zone, Southwest Ethiopia: Hedonic Property Value Approach},
      journal = {International Journal of Agricultural Economics},
      volume = {2},
      number = {4},
      pages = {90-95},
      doi = {10.11648/j.ijae.20170204.11},
      url = {https://doi.org/10.11648/j.ijae.20170204.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijae.20170204.11},
      abstract = {Livestock are non-marketed assets which are used to enhance social status in Suri pastoral communities. The lack of access to formal or informal market for livestock, livestock products and by-products in the area forced the Suris to barter livestock with other physical properties in times of family emergencies and food shortage. This study, therefore, aimed at assessing how livestock price was formed in a bartering economy in Surma pastoralist district. Primary data were collected through key informant interview and structured questionnaire. A total of 100 pastoralists were selected by using simple random sampling technique. Data were analyzed using hedonic property value (HPV) approach and multiple linear regression analysis. The result revealed that livestock rearing provide multiple benefits to Suris in terms of enhancing wealth and social status, dispute settlement, source of diet and bride payment. The absence of market place and periodic market date in the area made Suris to barter cattle forbarn of maize, Kalashnikovs, goats and gold mine. However, physical characteristics like age and body condition of ox/bull; and external factors like season and market location affected cattle price. Therefore, attention has to be given to the factors affecting cattle price to improve the benefits of the pastoralists.},
     year = {2017}
    }
    

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  • TY  - JOUR
    T1  - Livestock Price Formation in Suri Pastoral Communities in Bench Maji Zone, Southwest Ethiopia: Hedonic Property Value Approach
    AU  - Getahun Kassa
    AU  - Dessalegn Anshiso
    AU  - Tegegn Fantahun
    Y1  - 2017/06/07
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    DO  - 10.11648/j.ijae.20170204.11
    T2  - International Journal of Agricultural Economics
    JF  - International Journal of Agricultural Economics
    JO  - International Journal of Agricultural Economics
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    EP  - 95
    PB  - Science Publishing Group
    SN  - 2575-3843
    UR  - https://doi.org/10.11648/j.ijae.20170204.11
    AB  - Livestock are non-marketed assets which are used to enhance social status in Suri pastoral communities. The lack of access to formal or informal market for livestock, livestock products and by-products in the area forced the Suris to barter livestock with other physical properties in times of family emergencies and food shortage. This study, therefore, aimed at assessing how livestock price was formed in a bartering economy in Surma pastoralist district. Primary data were collected through key informant interview and structured questionnaire. A total of 100 pastoralists were selected by using simple random sampling technique. Data were analyzed using hedonic property value (HPV) approach and multiple linear regression analysis. The result revealed that livestock rearing provide multiple benefits to Suris in terms of enhancing wealth and social status, dispute settlement, source of diet and bride payment. The absence of market place and periodic market date in the area made Suris to barter cattle forbarn of maize, Kalashnikovs, goats and gold mine. However, physical characteristics like age and body condition of ox/bull; and external factors like season and market location affected cattle price. Therefore, attention has to be given to the factors affecting cattle price to improve the benefits of the pastoralists.
    VL  - 2
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