Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia
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...
| Autores principales: | , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Academic Journals
2012
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| Acceso en línea: | https://hdl.handle.net/10568/25033 |
| _version_ | 1855514921037463552 |
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| author | Jaleta, Moti Gebremedhin, Berhanu |
| author_browse | Gebremedhin, Berhanu Jaleta, Moti |
| author_facet | Jaleta, Moti Gebremedhin, Berhanu |
| author_sort | Jaleta, Moti |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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. |
| format | Journal Article |
| id | CGSpace25033 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2012 |
| publishDateRange | 2012 |
| publishDateSort | 2012 |
| publisher | Academic Journals |
| publisherStr | Academic Journals |
| record_format | dspace |
| spelling | CGSpace250332024-04-25T06:00:18Z Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia Jaleta, Moti Gebremedhin, Berhanu 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. 2012-07-03 2012-12-18T16:27:31Z 2012-12-18T16:27:31Z Journal Article https://hdl.handle.net/10568/25033 en Open Access Academic Journals Jaleta, M. and Gebremedhin, B. 2012. Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia. African Journal of Agricultural Research 7(25): 3643-3652 |
| spellingShingle | Jaleta, Moti Gebremedhin, Berhanu Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia |
| title | Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia |
| title_full | Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia |
| title_fullStr | Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia |
| title_full_unstemmed | Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia |
| title_short | Price co-integration analyses of food crop markets: The case of wheat and teff commodities in Northern Ethiopia |
| title_sort | price co integration analyses of food crop markets the case of wheat and teff commodities in northern ethiopia |
| url | https://hdl.handle.net/10568/25033 |
| work_keys_str_mv | AT jaletamoti pricecointegrationanalysesoffoodcropmarketsthecaseofwheatandteffcommoditiesinnorthernethiopia AT gebremedhinberhanu pricecointegrationanalysesoffoodcropmarketsthecaseofwheatandteffcommoditiesinnorthernethiopia |