Marketing

 Spatial Equilibrium of Wheat Markets in Ethiopia: This study tries to analyze the spatial equilibrium of wheat markets in Ethiopia by employing an autoregressive distributed-lag modeling approach to cointegration analysis on wheat prices observed during the postliberalization period for the central wholesale market (Addis Ababa) and for a local market (Ambo). The major finding of a stable equilibrium relationship between the price series considered provides evidence of market integration. Since intervention in local markets is generally costly and less effective, the result suggests the possibility of targeting intervention at the centralwholesale market level with the objective of influencing price dynamics in the local markets.(200kb,23pp)

 Grain Marketing Policy Changes and Spatial Efficiency of Maize and Wheat markets in Ethiopia :This paper also discusses a technique for parametric estimation of time variant grain transfer costs based on an initial computation of grain transfer costs using crosssectional surveys of grain traders in Ethiopia and time series truck shipment freight rate data.2004(370kb,62pp)