The Response of Ethiopian Grain Markets to Liberalization

Appendix 7 Results of Unit root tests for white wheat prices spreads among different markets

Spread	Level		First Differences
Spread	ADF	PP	ADF	PP
Dire Dawa - Addis	-3.92^a	-5.10^a	-10.85^a	-15.65^a
Mekele - Addis	-1.48	-1.46	-5.75^a	-7.39^a
Dire Dawa - Hosaenna	-2.77^c	-3.21^b	-10.39^a	-12.89^a
Mekele - Hosaenna	-1.80	-1.59	-7.30^a	-7.73^a
Addis - Hosaenna	-2.89^c_________	-2.77^c	-6.62^a	-8.47^a________

Note ¹The unit root tests are conducted for three time periods: period I is from 1987:07 to 1991:03, period II is
from 1991:04 to 1996:06 while the whole series is from 1987:07 to 1996:06.

Note: a, b, and c indicate statistical significance at a probability of less than 1%, 5% and 10% respectively.

-43-

More intriguing information

1. The name is absent
2. Human Development and Regional Disparities in Iran:A Policy Model
3. The name is absent
4. PROJECTED COSTS FOR SELECTED LOUISIANA VEGETABLE CROPS - 1997 SEASON
5. The name is absent
6. Contribution of Economics to Design of Sustainable Cattle Breeding Programs in Eastern Africa: A Choice Experiment Approach
7. The name is absent
8. The name is absent
9. The name is absent
10. Anti Microbial Resistance Profile of E. coli isolates From Tropical Free Range Chickens