The Response of Ethiopian Grain Markets to Liberalization



Table 6

Pair of markets          ’

Levels

First differences

Before
Liberalization

After
liberalization

Change

Before
liberalization

After
liberalization

Change

Maize

Addis-Bako

0.85

0.91

0.06

0.34

0.60

0.26

Addis-Dire Dawa

0.42

0.64

0.22

0.44

0.02

-0.42

Addis-Jimma

0.81

0.92

0.11

0.09

0.63

0.54

Addis-mekele

0.28

0.44

0.16

0.43

-0.10

-0.53

Addis-Shashamane

0.03

0.88

0.85

-0.11

0.65

0.76

Dire Dawa-Bako

0.28

0.78

0.50

0.01

0.16

0.15

Dire Dawa-Jimma

0.38

0.61

0.23

-0.21

0.12

0.33

Dire Dawa-Shashamane

0.40

0.64

0.24

0.16

0.28

0.12

White Teff

Addis-Bako

0.59

0.73

0.14

0.45

0.23

-0.22

Addis-Bahir Dar

0.27

0.75

0.48

-0.08

0.41

0.49

Addis-Dire Dawa

0.44

0.70

0.26

0.51

0.37

-0.14

Addis-Hosanna

0.07

0.79

0.72

0.24

0.42

0.18

Addis-Mekele

0.37

0.23

-0.14

0.07

0.41

0.34

Dire Dawa-Bako

0.08

0.51

0.43

0.18

0.25

0.07

Dire Dawa-Bahir Dar

0.05

0.72

0.67

-0.23

0.35

0.58

Dire Dawa-Hosanna

0.51

0.51

0

0.14

0.19

0.05

Mekele-Bako

0.40

-0.07

-0.47

0.29

0.18

-0.11

Mekele-Bahir Dar

0.40

-0.08

-0.48

0.30

0.48

0.18

Mekele-Hosanna

0.42

0.14

-0.28

0.36

0.18

-0.18

White Wheat

Addis-Hosanna

-0.73

0.73

1.46

-0.27

0.55

0.82

Addis-Dire Dawa

0.74

0.16

-0.58

0.22

0.12

-0.10

Addis-Mekele

-0.73

0.09

0.82

-0.04

0.04

0.08

Dire Dawa-Hosanna

-0.65

0.25

0.90

-0.26

0.04

0.30

Mekele-Hosanna

0.61

0.38

-0.23

-0.11

0.29

0.40

Correlation Coefficients of price levels (first differences) between different markets in
Ethiopia


-29-



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