Structure, conduct and performance of live animal markets of small ruminants in South India

استكشاف سلاسل القيمة في قطاع المجترات الصغيرة: مراجعة موجزة للأدبيات

“…The main buyers in these markets were merchants and butchers from other cities, suppliers of the army, and commission agents (Shah et al, 2015b). Age, sex, utility of animal and festival season were the significant variables in the price determination of small ruminants during their sale in live animal markets in South India (Thangarasu et al, 2021). Here, it should be noted that efficient value chains limit the use of intermediaries in the chain (Miller and Jones, 2013).…”

An assessment of the maize structure, channel choice and market participation by the smallholder maize farmers in Zimbabwe: a case of Mazowe district

“…The Concentration Ratio, the Hirschman-Herfindahl Index, Bain's classification, Gini Coefficient and the Lorenz curve were also used by Thangarasu et al (2021) to ascertain the structure, conduct and performance of the live small-ruminant markets in southern India. Data were collected from 300 market functionaries that were selected through multi-stage random sampling from 30 live animal markets in South India.…”

“…The SCP model assumes that the market structure determines the market efficiency (Adugna et al, 2012;Demisse et al, 2015;Senthilkumar 2015;Ayele, et al, 2017;Thangarasu et al, 2021;Kebede, 2016). Market conduct hinges upon market structure and refers to the way in which buyers and sellers behave, both amongst themselves and amongst each other, such as price-taking, product differentiation, tacit collusion and the exploitation of their market power (Bosena et al, 2011).…”

“…The concentration index that was used to measure the market concentration was the Herfindalf-Hirschman Index (HHI). It is the weight index of the market share, with the weights being the shares themselves, which attain the value of unity in the case of a monopoly, and which approach zero as the number of functionaries with identical shares increases (Thangarasu et al, 2021).…”

“…Despite the potential to derive livelihoods from market-oriented agriculture, smallholder farmers often face a number of challenges in production and in accessing high-value markets. Some of the challenges the farmers face are the higher transactional costs, an inefficient information flow , as well as the market structure, conduct and performance (Senthilkumar, 2015;Ayele et al, 2017;Thangarasu et al, 2021).…”