1887

n Agrekon - Price transmission and adjustment in the Ethiopian coffee market

Volume 50, Issue 2
  • ISSN : 0303-1853
  • E-ISSN: 2078-0400
This article is unavailable for purchase outside of Africa

 

Abstract

This study analysed the interrelationships among producer, auction and world prices. In so doing, it criticised previous studies and extended a technique developed by Hansen (1999) to handle inferential biases due to some specification errors. The results indicated that coffee growers benefit little from positive changes in the world price compared with participants in the auction markets. This is attributed to the presence of information asymmetry in the coffee value chain, created by an increased concentration of markets. In addition, domestic markets could play a role in this, as they are major outlets for the majority of the coffee produced.

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/agrekon/50/2/EJC18467
2011-06-01
2019-11-15

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error