Spatial integration of cereal markets in Ethiopia

Type Report
Title Spatial integration of cereal markets in Ethiopia
Author(s)
Publication (Day/Month/Year) 2013
URL https://pdfs.semanticscholar.org/cfe9/48d2a05499afa5f022f4bfa7e1b67e436dff.pdf
Abstract
This study looks at the extent of and changes in spatial integration of cereal markets in Ethiopia over the last ten years.
Based on weekly wholesale prices of the Ethiopian Grain Trade Enterprise (EGTE) and covering all major cereals in the
country (three major types of teff [i.e., white, mixed, and red], white wheat, maize, and white sorghum), spatial integration
of Addis Ababa with the most important regional wholesale markets in the country is analyzed. The estimation results
indicate market integration has considerably improved over the last ten years for teff, wheat, and maize with faster price
adjustments and lower estimated transaction costs. On the other hand, for white sorghum integration of regional markets
with Addis Ababa did not improve over the last decade.

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