The aim of the paper is to evaluate the impact of value-webs as an innovation in agricultural production on welfare of cassava smallholders in Nigeria. The estimation procedure involved the alternative process of multivalued treatment models when treatment units have multiple values. The study thus extends previous impact studies which focused on estimating causal effects from binary treatment units. The treatment units were determined from the extent of utilization of cassava which informed the classification of households into value-web groups.
This study examines the price transmission mechanisms in the Bloemfontein beef market using the producer price and retail prices at four retail outlets collected over a period of 3 years. It further estimates the causality links between the producer and retail prices. The traditional (Engle-Granger) and standardized (Enders & Siklos) Augmented Dickey- Fuller procedures were used to test for co-integration and asymmetry in price transmission