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Price co-integration analyses of food crop markets : the case of wheat and teff commodities in Northern Ethiopia

By: Contributor(s): Material type: ArticleArticleLanguage: English Publication details: Nigeria : Academic Journals, 2012.ISSN:
  • 1991-637X
Subject(s): Online resources: In: African Journal of Agricultural Research v. 7, no. 25, p. 3643-3652Summary: This paper examines the role of market price information dissemination on the co-integration of grain market prices in Northern Ethiopia. Results are based on bi-monthly retail price data on wheat and teff commodities collected from six markets in the Tigray region of Northern Ethiopia. The data has 55 observations for each of the two crops in each of the six markets ranging over a period from May, 2006 to October, 2008. Johansen?s co-integration test reveals that most markets are co-integrated in wheat and teff retail prices. However, there is an indication that retail prices at Abi-Adi, a town located relatively farther away from the main asphalt road is less integrated to other markets. This implies that, in addition to market price information dissemination, other infrastructural developments like road networks are crucial for spatial market integration through the physical transfer of goods from one market to another
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Item type Current library Collection Call number Status Date due Barcode Item holds
Article CIMMYT Knowledge Center: John Woolston Library CIMMYT Staff Publications Collection CIS-6747 (Browse shelf(Opens below)) Available
Total holds: 0

Peer-review: No - Open Access: Yes|http://www.academicjournals.org/journal/AJAR/editorial-policies

Peer review

Open Access

This paper examines the role of market price information dissemination on the co-integration of grain market prices in Northern Ethiopia. Results are based on bi-monthly retail price data on wheat and teff commodities collected from six markets in the Tigray region of Northern Ethiopia. The data has 55 observations for each of the two crops in each of the six markets ranging over a period from May, 2006 to October, 2008. Johansen?s co-integration test reveals that most markets are co-integrated in wheat and teff retail prices. However, there is an indication that retail prices at Abi-Adi, a town located relatively farther away from the main asphalt road is less integrated to other markets. This implies that, in addition to market price information dissemination, other infrastructural developments like road networks are crucial for spatial market integration through the physical transfer of goods from one market to another

Wheat CRP FP1 - Maximizing value for money, social inclusivity through prioritizing WHEAT R4D investments

Socioeconomics Program

Text in English

CIMMYT Informa No. 1804

INT3210

CIMMYT Staff Publications Collection

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