The Response of Ethiopian Grain Markets to Liberalization



Table 2


Summary statistics of real prices of grains for several markets in Ethiopia

Before market liberalization After market liberalization                 Change

Markets                 (85:01 to 90:03)                  (90:04 to 96:06)

Mean

SD.

CV(%)

Mean

SD

CV(%)

Mean

SD.

CV(%)

Maize

Surplus areas:

Bako

61.18

20.79

33.98

90.14

31.95

35.44

28.96

11.16

1.46

Shashamane

66.29

13.89

20.95

97.79

22.17

22.67

31.50

8.28

1.72

Jimma

85.43

37.19

43.53

95.65

28.69

29.99

10.22

-8.50

-13.54

Deficit areas:

Addis

120.23

48.89

40.66

113.55

24.66

21.72

-6.68

-24.23

-18.95

Dire Dawa

145.08

50.13

34.55

154.63

30.74

19.88

9.55

-19.40

-14.67

Mekele

218.28

63.01

28.87

149.75

17.55

11.72

-68.53

-45.46

-17.15

White Teff

Surplus areas:

Bako

142.34

22.10

12.71

173.82

25.55

17.95

31.48

3.45

5.24

Hosanna

155.34

22.97

12.11

189.65

23.93

15.37

33.94

0.96

3.26

Bahir Dar

158.16

15.77

7.60

207.63

25.55

16.15

49.47

9.78

8.56

Deficit areas:

Addis

281.90

64.05

26.84

238.62

20.29

7.20

-43.28

-43.76

-19.64

Dire Dawa

330.97

68.42

23.99

285.23

26.38

7.97

-45.74

-42.04

-16.02

Mekele

422.32

73.26

27.04

270.94

15.12

3.58

-151.40

-58.14

-23.46

White Wheat

Surplus areas:

Hosanna

110.96

20.40

18.39

136.07

16.18

11.89

25.11

-4.22

-6.49

Deficit areas:

Addis

183.49

55.40

30.19

169.21

20.68

12.22

-14.28

-34.72

-17.97

Dire Dawa

238.97

49.34

20.65

225.70

22.60

10.01

-13.27

-26.74

-10.63

Mekele

270.30

46.06

17.04

197.59

29.05

14.70

-72.71

-17.01

-2.34

-25-



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