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Structural Transformation in Cereal Markets: evidence from Ethiopia

Abstract: 

We study cereal wholesale markets in Ethiopia over the last decade (2001–2011), a period that has been characterized by important local changes affecting agricultural markets. These include strong economic and income growth, urbanization, improved road and communication infrastructure, and a doubling in commercial surplus. We find that these changes are associated with better price integration among wholesale markets and with significant declines in real price differences between supplying and receiving markets, in cereal milling margins, and in retail margins. In short, important improvements have occurred over the last decade in Ethiopia’s food marketing system. This is especially important because dysfunctional food markets were previously identified as an important cause of famine and food insecurity in the country.

Corporate Author: 
Demirew Getachew; Getenet Alemu; Worku Gebeyehu (Editors) and Ethiopian Economic Association
Publisher: 
Ethiopian Economic Association (EEA)
ISBN/ISSN: 
978-99944-54-32-7
Primary Descriptors: 

marketing system

Secondary Descriptor: 

,price analysis, transformation

Geographic Descriptors: 
Ethiopia
Cataloge Date: 
10/11/2013
Broad Subject heading: 
agricultural markets
Call Number: 
330.963 PRO 2013
Serial Key Title: 
Proceeding of the Tenth International Conference on the Ethiopian EconomyEconomy
Publication catagory: 
Content type: 
Volume: 
II
Publication date: 
2013-06-03 00:00:00
Conference Place: 
EEA Multi-Purpose Building Conference Hall, Addis Ababa
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Annually
Conference date: 
July 19 - 21, 2012