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Price Determinants of Washera Sheep at Yilemanadensa and Quarit Districts of Amhara Region, Ethiopia

Abstract: 

The study aims at analyzing sheep price variation and identifying factors affecting Washera sheep price. Animal characteristic, season and buyer purpose data were collected at Yilemanadensa and Quarit markets from October 2004 to April 2010. A total of 1185 transactions were recorded. A descriptive statistics was used to analyze price variations between the two markets and sex categories across months. A multiple regression model was used to identify factors influencing sheep price that are taken as a dependent variable is affected by animal characteristics (such as sex, age, weight, and color), season and body condition. Month-to-month price variations were recorded corresponding to animals' sex and markets. At Quarit market, Price of sheep was negatively and significantly affected by marketing season (Christmas). The body weight of sheep has a positive and statistically significant effect on price of sheep. The marginal price of sheep was increased in body weight, in turn encourageing sheep fattening at market accessible district, Yilemadensa market. The coefficient of dummy variables categories representing animal characteristics such as sex, age, and color has shown statistically significant price discount and/or premium at all markets. The study recommends that measure on sheep productivity, improving infrastructure (transporting and communication) and market information system could enhance gains generated from sheep production

Corporate Author: 
Worku Gebeyehu & Demirew Getachew (Editors); Ethiopian Economic Association. Bahir Dar Chapter
Publisher: 
Ethiopia Economics Association (EEA)
ISBN/ISSN: 
978-99944-54-26-6
Primary Descriptors: 

Washera Sheep,

Secondary Descriptor: 

Price Determinants,

Geographic Descriptors: 
Ethiopia Ama?ra kelel - Yilemanadensa and Quarit districts,
Broad Subject heading: 
Animal characteristics
Call Number: 
330.963 PRO 2012
Serial Key Title: 
Proceedings of the Third Regional Conference of the Amhara Regional State Economic Development
Publication catagory: 
Content type: 
Edition: 
3rd
Conference Place: 
Bahir Dar, Ethiopia
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Annualy
Thematic area: 
Regional Conference of the Amhara Regional State Economic Development
Chapter conference: 
Conference date: 
2011