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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Performance of Agricultural Public Enterprises in Kenya: Lessons from the First Two Decades of Independence
Author:Grosh, Barbara
Year:1987
Periodical:Eastern Africa Economic Review
Volume:3
Issue:1
Period:June
Pages:51-64
Language:English
Geographic term:Kenya
Subjects:marketing boards
public enterprises
Agriculture, Natural Resources and the Environment
Development and Technology
Economics and Trade
Abstract:This paper reports the results of a comprehensive study of the performance of agricultural marketing public enterprises in Kenya from 1963 to 1984. It gives data on four aspects of public firm performance: rates of return on investment, real processing margins, and distortions in prices charged to consumers and prices paid to farmers. It shows that about half of the firms performed well as measured by financial and efficiency criteria, and that price distortions consist chiefly in intertemporal and interlocational rigidity rather than grossly distorted levels. It also shows that low capacity utilization explains much of the observed problems with processing margins. Bibliogr., notes.
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