Cashew nuts market in south western Nigeria is characterized by price fluctuations through space and time. This may be linked with the large number of market intermediaries who act between the primary producers and th...Cashew nuts market in south western Nigeria is characterized by price fluctuations through space and time. This may be linked with the large number of market intermediaries who act between the primary producers and the markets. The sample for the study comprised 250 cashew nuts marketers who were randomly selected from the five south westem states of Nigeria. About 76 % of the cashew nuts marketers had up to secondary school education and 86% of them had 15-year marketing experience and below. Pricing efficiency of the marketers was highest in Ogun state with average efficiency level of85.1% and least for Oyo state （68.9%）. In all, 720 tonnes were transacted in the region with 206 marketers handling maximum of 2 kg per month per individual. Gini-coefficient estimate of 82.3% implied that there was a concentrated market for the cashew nuts. To further increase the pricing efficiency of the commodity it is necessary to reduce the costs incurred on various physical aspects in marketing system. Corporate organizations, government agencies and co-operative societies should assist the cashew nuts marketers in the provision of credit facilities so as to ensure a higher level of pricing efficiency, stable market prices and reduced level of concentration of the marketers.展开更多
This paper investigates the electricity market for households in Slovenia. The focus is on the investigation of some empirical facts in the Slovenian electricity market for households focusing on market segmentation, ...This paper investigates the electricity market for households in Slovenia. The focus is on the investigation of some empirical facts in the Slovenian electricity market for households focusing on market segmentation, market concentration measures, real electricity price developments, and their implications for electrical energy consumption and consumer welfare. The authors apply descriptive statistics, Lorenz curve and Gini coefficient of concentration, and demand function using regression framework on time-series data. The authors found that the market liberalization and entry of new competitors have slightly caused variations in the patterns in real electricity price developments. Households＇ real income and real electricity prices for households are found as the crucial determinants for the electrical energy demands by households.展开更多
The export destination of China’s home textile products are considered to be highly concentrated. This is reflected by the statistical data of the past couple of years when, the top export destination of the followin...The export destination of China’s home textile products are considered to be highly concentrated. This is reflected by the statistical data of the past couple of years when, the top export destination of the following products-bedding products, curtain and towel- is United States.展开更多
This paper studies the effects of internal and external environments on the strategic decision-making of diversification using the cross-sectional data of China＇s 1 033 non-financial listed companies in Shenzhen and ...This paper studies the effects of internal and external environments on the strategic decision-making of diversification using the cross-sectional data of China＇s 1 033 non-financial listed companies in Shenzhen and Shanghai Exchange. Corporate external-environment is substituted by index of marketization and market concentrative rate, and internal-environment is substituted by governance framework and financial status. The multi-regression analysis shows that the strategic decision-making of diversification is prominently affected by external factors such as index of marketization and market concentrative rate, and is significantly negative related to the proportion of state-owned shares and corporate shares. There is no correlation between diversification and whether directors hold concurrently, or manager compensation, cash flow, and debt ratio.展开更多
文摘Cashew nuts market in south western Nigeria is characterized by price fluctuations through space and time. This may be linked with the large number of market intermediaries who act between the primary producers and the markets. The sample for the study comprised 250 cashew nuts marketers who were randomly selected from the five south westem states of Nigeria. About 76 % of the cashew nuts marketers had up to secondary school education and 86% of them had 15-year marketing experience and below. Pricing efficiency of the marketers was highest in Ogun state with average efficiency level of85.1% and least for Oyo state （68.9%）. In all, 720 tonnes were transacted in the region with 206 marketers handling maximum of 2 kg per month per individual. Gini-coefficient estimate of 82.3% implied that there was a concentrated market for the cashew nuts. To further increase the pricing efficiency of the commodity it is necessary to reduce the costs incurred on various physical aspects in marketing system. Corporate organizations, government agencies and co-operative societies should assist the cashew nuts marketers in the provision of credit facilities so as to ensure a higher level of pricing efficiency, stable market prices and reduced level of concentration of the marketers.
文摘This paper investigates the electricity market for households in Slovenia. The focus is on the investigation of some empirical facts in the Slovenian electricity market for households focusing on market segmentation, market concentration measures, real electricity price developments, and their implications for electrical energy consumption and consumer welfare. The authors apply descriptive statistics, Lorenz curve and Gini coefficient of concentration, and demand function using regression framework on time-series data. The authors found that the market liberalization and entry of new competitors have slightly caused variations in the patterns in real electricity price developments. Households＇ real income and real electricity prices for households are found as the crucial determinants for the electrical energy demands by households.
文摘The export destination of China’s home textile products are considered to be highly concentrated. This is reflected by the statistical data of the past couple of years when, the top export destination of the following products-bedding products, curtain and towel- is United States.
文摘This paper studies the effects of internal and external environments on the strategic decision-making of diversification using the cross-sectional data of China＇s 1 033 non-financial listed companies in Shenzhen and Shanghai Exchange. Corporate external-environment is substituted by index of marketization and market concentrative rate, and internal-environment is substituted by governance framework and financial status. The multi-regression analysis shows that the strategic decision-making of diversification is prominently affected by external factors such as index of marketization and market concentrative rate, and is significantly negative related to the proportion of state-owned shares and corporate shares. There is no correlation between diversification and whether directors hold concurrently, or manager compensation, cash flow, and debt ratio.
