NYARIKI, DICKSON M. - In: Environment and Development Economics 14 (2009) 02, pp. 263-280
The influence of price, in view of macro-economic policy change and a set of other factors, on herd off-take rates from ranches in Kenya over a period of 17 years was assessed. An AR(1) equation, based on Nerlove's classical dynamic supply model, was derived and fitted to panel data using the...