The Response of Ethiopian Grain Markets to Liberalization



Table 5


Summary statistics of monthly grain price spreads between different markets in
Ethiopia

Before market liberalization After market liberalization               Change

Pair of markets                  (85:01 to 90:03)               (90:04 to 96:06)

Mean

SD.

CV(%)

Mean

SD

CV(%)

Mean

SD.

CV(%)

Maize

Addis-Bako

40.57

20.22

49.84

23.40

15.80

67.52

-17.17

-4.42

17.68

Addis-Dire Dawa

35.05

32.46

92.61

41.08

22.33

54.36

6.03

-10.13

-38.25

Addis-Jimma

18.62

26.87

144.31

17.90

14.64

81.79

-0.72

-12.23

-62.52

Addis-mekele

100.60

51.18

50.88

40.34

23.61

58.53

-60.26

-27.57

7.65

Addis-Shashamane

31.92

14.36

44.99

15.76

11.48

72.84

-16.16

-2.88

27.86

Dire Dawa-Bako

76.19

44.17

57.97

64.49

23.51

36.46

-11.70

-20.66

-21.52

Dire Dawa-Jimma

54.82

34.75

63.39

58.98

28.39

48.14

4.16

-6.36

-15.25

Dire Dawa-Shashamane

58.37

19.29

33.05

56.84

23.25

40.90

-1.53

3.96

7.86

White Teff

Addis-Bako

116.46

41.16

35.34

65.40

19.98

30.55

-51.06

-21.18

-4.79

Addis-Bahir Dar

93.93

22.23

23.67

28.33

18.07

63.78

-65.60

-4.16

40.12

Addis-Dire Dawa

59.01

32.13

54.45

47.72

18.57

38.91

-11.29

-13.56

-15.53

Addis-Hosanna

96.26

36.67

38.10

48.97

17.36

35.45

-47.29

-19.31

-2.64

Addis-Mekele

116.56

58.67

50.34

36.71

22.33

60.83

-79.85

-36.34

10.49

Dire Dawa-Bako

175.12

58.34

33.31

111.52

27.65

24.79

-63.60

-30.69

-8.52

Dire Dawa-Bahir Dar

144.64

33.94

23.47

74.23

21.15

28.49

-70.41

-12.79

5.03

Dire Dawa-Hosanna

146.60

36.19

24.69

95.68

25.52

26.67

-50.92

-10.67

1.99

Mekele-Bako

227.03

74.47

32.80

98.17

32.70

33.31

-128.86

-41.77

0.51

Mekele-Bahir Dar

224.23

45.29

20.20

63.38

32.23

50.85

-160.85

-13.06

30.65

Mekele-Hosanna

239.00

44.04

18.43

83.03

28.08

33.82

-155.97

-15.96

15.39

White Wheat

Addis-Hosanna

51.96

47.54

91.49

29.13

12.63

43.36

-22.83

-34.91

-48.14

Addis-Dire Dawa

71.62

35.79

49.97

56.49

26.01

46.04

-15.13

-9.78

-3.93

Addis-Mekele

87.17

75.13

86.19

33.12

32.56

98.31

-54.05

-42.57

12.12

Dire Dawa-Hosanna

114.90

36.65

31.90

87.75

24.31

27.70

-27.15

-12.34

-4.19

Mekele-Hosanna

150.10

164.93

109.88

62.67

27.54

43.94

-87.43

-137.39

-65.94

-28-



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