6,182 research outputs found

    The Effects of Government Maize Marketing Policies on Maize Market Prices in Kenya

    Get PDF
    The Government of Kenya pursues maize marketing policy objectives through the National Cereals and Produce Board (NCPB) which procures and sells maize at administratively determined prices, and stores maize as a contingency against future shortages. A private sector marketing channel competes with the NCPB and prices in this channel are set by supply and demand forces. This paper estimates the effects of NCPB activities on the historical path of private sector maize market prices in Kenya between 1989 and 2004. Results provide important insights into the historical effects of the NCPB, and will provide useful input into deliberations on the appropriate role for the NCPB in the future. It was not possible to use a fully structural econometric model to estimate the historical policy effects because of data limitations in Kenya, which are typical of many developing countries. Instead we use a reduced form vector autoregression model (VAR) and show how policy simulation results can be obtained from a fairly parsimonious VAR that can be estimated with sparse data and imposes only minimal identification restrictions. Results show that NCPB activities have stabilized maize market prices in Kenya, reduced price levels in the early 1990s, and raised price levels by roughly 20 percent between 1995 and 2004. Because roughly 60 percent of Kenya's rural households purchase maize while less than 30 percent sell maize, the government's maize marketing board operations have transferred income from urban consumers and most small rural households to maize selling farmers.Kenya, income transfers, maize policy, price stabilization, VAR, International Development, C22, O2, Q13, Q18,

    HIV/AIDS and Agrarian Livelihoods in Zambia: a Test of the New Variant Famine Hypothesis.

    Get PDF
    1. Consistent with the New Variant Famine (NVF) hypothesis, the negative impact of drought on crop output and output per hectare is further exacerbated where HIV prevalence rates are relatively high, particularly in the low- and medium rainfall zones of the country (agro-ecological regions I and II). 2. HIV prevalence rates and AIDS-related mortality rates in Zambia are highest in the lowest rainfall and most drought-prone zone of the country (agro-ecological region I). 3. Only for districts in agro-ecological region I do we find evidence of a robust negative effect of HIV/AIDS on agrarian livelihood indicators. Relatively stable food production zones and/or areas with relatively low HIV prevalence rates appear to be less vulnerable to the adverse effects predicted by the NVF hypothesis, which suggests that HIV/AIDS exacerbates the effects of drought and other shocks on agrarian communities. 4. HIV/AIDS reduces the crop production gains associated with fertilizer subsidy increases in the highest rainfall areas. 5. Increases in the percentage of female-headed households in a district are related to declines in agricultural production indicators, but these effects do not appear to worsen when the HIV/AIDS epidemic is severe. 6. Only in districts whose borders encompass both agro-ecological regions II and III do we consistently find weak evidence that HIV/AIDS reduces the contribution of productive assets to crop output and output per unit of land as would be expected under the NVF hypothesis.food security, food policy, Zambia, HIV/AIDS, Food Security and Poverty, Health Economics and Policy, Q20,

    Parallel scheduling of recursively defined arrays

    Get PDF
    AbstractThis paper describes a new method of automatic generation of concurrent programs which construct arrays defined by sets of recursive equations. We assume that the time of computation of an array element is a linear combination of its indices, and we use integer programming to seek a succession of hyperplanes along which array elements can be computed concurrently. The method can be used to schedule equations involving variable length dependency vectors and mutually recursive arrays. Portions of the work reported here have been implemented in the PS automatic program generation system

    Measuring Integration and Efficiency in Maize Grain Markets: The Case of South Africa and Mozambique

    Get PDF
    Price transmission between the South African market and other regional markets is not as straightforward, despite South Africa’s role of a surplus producer for the region. There appears to be a host of local factors that must be taken into account in order to anticipate the likely level of regional food prices. This article assesses the degree of market integration and the speed of price adjustment to spatial price differentials between the SAFEX maize price in South Africa and maize grain and maize meal prices in Maputo, Mozambique. The findings of this study indicate that under certain trading regimes, there is no evidence of a long-run relationship between Mozambican and South African maize grain prices. This implies that any large deviations, within these regimes, which exceed transaction costs, could continue to grow with no tendency towards equilibrium. However, the trade volume data indicates maize grain exports from South Africa into Mozambique in every month except for three within the sample set. Hence, the empirical findings of this paper are unexpected given a simple arbitrage argument. Possible reasons for these findings are highlighted in the article. It is interesting to note that when the same empirical analysis is undertaken for the SAFEX maize prices and maize meal prices in Maputo then there is in fact evidence of a long-run relationship between these prices in a high import regime. These findings are not surprising and are what we would expect since two of the largest milling companies, located in Maputo are responsible for the majority of the volume of maize grain imported into the country from South Africa.price transmission, market integration, cointegration, trade regimes, Crop Production/Industries,

    Spin transfer switching of spin valve nanopillars using nanosecond pulsed currents

    Full text link
    Spin valve nanopillars are reversed via the mechanism of spin momentum transfer using current pulses applied perpendicular to the film plane of the device. The applied pulses were varied in amplitude from 1.8 mA to 7.8 mA, and varied in duration within the range of 100 ps to 200 ns. The probability of device reversal is measured as a function of the pulse duration for each pulse amplitude. The reciprocal pulse duration required for 95% reversal probability is linearly related to the pulse current amplitude for currents exceeding 1.9 mA. For this device, 1.9 mA marks the crossover between dynamic reversal at larger currents and reversal by thermal activation for smaller currents
    • 

    corecore