Impact of Market Opening on the Agricultural Income of Livestock Farmers

초록

To analyze the effect of market opening on the agricultural income of livestock farms, this study evaluated livestock product prices, productivity, and input costs. Analysis of productivity changes following market opening, revealed that the increase in livestock product imports contributed to improvements in livestock agriculture productivity. Analysis of changes in agricultural income and income volatility for each major livestock breed that suffered direct or indirect damage from market opening showed that market opening negatively affected the agricultural income of most livestock species analyzed. Contrary to expectations, income volatility did not provide evidence of being affected by market opening.

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