The Response of Ethiopian Grain Markets to Liberalization

Independent
variables '

Markets

Addis Ababa

Hosaenna

Dire Dawa

Bako

Bahir Dar

Mekele

Constant

46.88^a

89.66^a

99.26^a

18.03^b

51.85^a

127.00^a

April

0.05

10.92

2.51

0.05

11.29^c

21.55^c

May

17.55^a

11.14

6.44

8.22^c

5.32

39.45^a

June

22.59^a

23.32^a

13.50

15.33^a

13.41^c

59.10^a

July

23.85^a

20.93^b

16.64

10.10^c

15.48^b

59.65^a

Aug

28.20^a

24.44^b

26.83^b

7.20

20.07^c

43.25^a

Sept

31.83^a

19.03^c

8.53

7.70

24.20

61.09^a

Oct

36.88^a

17.88^c

3.34

16.02^b

18.01

48.56^a

Nov

17.64^b

11.23

10.23

8.70

20.14^c

36.13^a

Dec

5.51

-5.46

-4.48

-3.12

24.37^a

17.94

Jan

1.67

-3.39

19.60^c

-9.92^b

1.53

-6.83

Feb

2.17

-3.06

5.91

-5.08

10.74

13.86

Dlib12

-0.47

24.96^a

-5.05

2.89

16.69^a

-48.83^a

RF

-0.10^a

-0.06

-0.03

-0.06^a

-0.05

-0.33^a

FAID

-0.000518^b

0.009156

-0.000166

0.0022

-0.0000606

-0.000148^b

Pt-1

0.80^a

0.37^a

0.65^a

0.89^a

0.62^a

0.69^a

Diagnostics

R2

0.83

0.66

0.54

0.87

0.73

0.95

JB

1.06

5.54^c

9.34^a

1.08

2.55

0.35

Q-S

5.19

11.30

5.38

4.47

5.65

11.94^c