The Response of Ethiopian Grain Markets to Liberalization



Appendix 3 Within- year monthly variability of white wheat price for different markets (1995=100)

Year

Market

Statistics

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

Addis Ababa

Mean

279.38

189.61

137.25

163.42

175.34

162.05

186.64

179.64

156.13

176.51

155.03

148.38

SD

48.98

37.03

6.01

44.88

25.19

24.33

24.94

17.04

8.83

16.88

5.34

1.40

CV (%)

17.53

19.53

4.38

27.46

14.37

15.00

13.36

9.49

5.66

9.56

3.44

0.90

Dire Dawa

Mean

306.88

300.38

208.79

232.09

231.10

216.82

234.36

225.26

190.68

238.47

229.98

240.52

SD

41.40

72.32

17.39

27.61

26.46

15.63

16.53

19.36

4.91

19.48

10.01

9.66

CV(%)

13.50

24.08

8.33

11.90

11.45

7.21

7.05

8.59

2.57

8.17

4.35

4.02

Hosaenna

Mean

-

-

120.88

113.75

114.05

67.60

-

139.26

129.69

150.31

132.49

117.14

SD

-

-

2.55

18.52

16.72

0.59

-

12.78

9.19

22.18

7.61

4.59

CV(%)

-

-

2.11

16.28

14.66

0.88

-

9.18

7.09

14.76

5.74

3.92

Melele

Mean

278.93

285.61

277.20

270.54

180.69

-

-

176.80

181.10

218.98

192.04

224.10

SD

38.66

29.61

32.17

52.14

8.35

-

-

13.34

8.92

40.38

18.28

7.33

CV(%)

13.86

10.37

11.61

19.27

4.62

-

-

7.55

4.93

18.44

9.52

3.27

-39-



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