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The Dynamics of Food Price Convergence In Ethiopia

Abstract: 

This paper examines the dynamics of relative price convergence of nine agricultural commodities among regions in Ethiopia using a panel dataset of 18-year monthly prices collected by CSA in two periods (1996-2004 and 2005-2013). Panel unit root tests, fixe-effects, and half-life method were employed to estimate the rate and speed of relative price convergence of commodities. The findings markedly indicate low rate and speed of relative price convergence and considerably persistent relative price shocks unadjusted among regions, suggesting the need to design proactive market policy intervention in improving convergence of commodity prices in Ethiopia.

Corporate Author: 
Ethiopian Economics Association
Publisher: 
Ethiopian Economic Association
ISBN/ISSN: 
1993-3681
Primary Descriptors: 

Agiriculture Commodity

Secondary Descriptor: 

Price 

Geographic Descriptors: 
Ethiopia
Cataloge Date: 
08/08/2016
Broad Subject heading: 
Food price
Call Number: 
330.5 ETH JOU 2015
Serial Key Title: 
Ethiopian Journal Of Economics
Publication catagory: 
Content type: 
Volume: 
XXIV
Year: 
APRIL 2015
Publication date: 
2016-04-01 00:00:00
Number: 
1
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Semiannual
Author: