Advertisement

Economic models of periodic marketing systems

  • A. H. Zemanian
Conference paper
Part of the Lecture Notes in Control and Information Sciences book series (LNCIS, volume 35)

Abstract

In third-world economies, staple food crops and many other consumer items are usually marketed through periodic markets. If the size of a marketing system is measured by the number of its participants or even by the monetary value of the goods exchanged, periodic markets are commonly the largest component of the overall marketing system. Our current research is aimed at modelling such systems. A typical model is a large number of nonlinear difference equations representing the interactions of supply and demand within and between the various markets in the system. From this we have obtained a number of qualitative conclusions regarding the temporal and spatial characteristics of price and commodity-flow variations.

Keywords

Marketing System Nonlinear Difference Equation Staple Food Crop Distant Market Periodic Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    Isaac A. Adalemo, "Traders' Travel Patterns, Marketing Rings and Patterns of Market Shift," Nigerian Geographical Journal, Vol. 18 (1975), pp. 17–26.Google Scholar
  2. 2.
    R.J. Bromley, Periodic Markets, Daily Markets and Fairs: A Bibliography, Centre for Development Studies, University College of Swansea, Great Britain, 1974.Google Scholar
  3. 3.
    R.J. Bromley, Periodic Markets, Daily Markets and Fairs: A Bibliography Supplement to 1979, Centre for Development Studies, University College of Swansea, Great Britain, 1979.Google Scholar
  4. 4.
    R.J. Bromley, "Trader Mobility in Systems of Periodic and Daily Markets," in D.T. Herbert and R.J. Johnston (Editors) Geography and the Urban Environment, Vol. III, John Wiley, New York, 1980.Google Scholar
  5. 5.
    R.J. Bromley, Richard Symanski, and Charles M. Good, "The Rationale of Periodic Markets," Annals of the Association of American Geographers, Vol. 65 (1975), pp. 530–537.Google Scholar
  6. 6.
    Alan M. Hay and Keith S.O. Beavon, "Periodic Marketing: A Preliminary Graphical Analysis of the Conditions for Part-Time and Mobile Marketing," Tijdschrift voor Economische en Sociale Geografie, Vol. 71 (1979), pp. 27–34.Google Scholar
  7. 7.
    Donald W. Jones, "Production, Consumption, and the Allocation of Labor by a Peasant in a Periodic Marketing System," Geographical Analysis, Vol. 10 (1978), pp. 13–30.Google Scholar
  8. 8.
    W.O. Jones, "The Structure of Staple Food Marketing in Nigeria as as Revealed by Price Analysis," Food Research Institute Studies, Stanford University, Vol. 8 (1968), pp. 95–123.Google Scholar
  9. 9.
    W.O. Jones, Marketing Staple Food Crops in Tropical Africa, Cornell University Press, Ithaca, N.Y., 1972.Google Scholar
  10. 10.
    W.O. Jones, "Regional Analysis and Agricultural Marketing Research in Tropical Africa: Concepts and Experience," Food Research Institute Studies, Vol. 13 (1974), pp. 3–28.Google Scholar
  11. 11.
    Robert H.T. Smith, "Periodic Market Places and Periodic Marketing: Review and Prospects," Progress in Human Geography, to appear.Google Scholar
  12. 12.
    Richard Symanski and M.J. Weber, "Complex Periodic Market Cycles," Annals of the Association of American Geographers, Vol. 64 (1974), pp. 203–213.Google Scholar
  13. 13.
    Keith J. Tinkler, "The Topology of Rural Periodic Market Systems," Geografiska Annaler, Vol. 55B (1973), pp. 121–133.Google Scholar
  14. 14.
    A. H. Zemanian, "Two-level Periodic Marketing Networks Without Market News," J. Math. Anal. Appl., Vol. 68 (1979), pp. 509–525.Google Scholar
  15. 15.
    A.H. Zemanian, "Two-level Periodic Marketing Networks Wherein Traders Store Goods," Geographical Analysis, to appear.Google Scholar
  16. 16.
    A.H. Zemanian, A Dynamic Economic Model of Periodic Marketing Rings, State University of New York at Stony Brook, College of Engineering Tch. Rep. No. 340, April 16, 1980.Google Scholar

Copyright information

© Springer-Verlag 1981

Authors and Affiliations

  • A. H. Zemanian
    • 1
  1. 1.State University of New YorkStony BrookU.S.A.

Personalised recommendations