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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/3374
Title: CONTRIBUTION OF MODERN INFORMATION AND COMMUNICATION TECHNOLOGY TO SPATIAL MAIZE MARKET INTEGRATION IN ETHIOPIA
Authors: Haftom, Medhin
Keywords: market integration, threshold autoregressive error correction model, ICT expansion, maize and Ethiopia
Issue Date: 2015
Publisher: St. Mary University
Series/Report no.: vol.5;No. 2
Abstract: This paper presents a research result on impact of modern information and communication technology on increasing the level of integration among spatially separated sample maize markets in Ethiopia. A total of 14 markets, including Addis Ababa central market, were selected from various parts of the country and monthly retail price data were collected beginning from January 2003 to December 2014 and partitioned into ‘before’ and ‘after’ ICT periods. A threshold autoregressive (TAR) model in the form of error correction method is used to analyze the data and the result shows that the overall integration between Addis Ababa and the respective regional markets has increased after ICT period. Regarding the deficit and surplus areas, the level of integration among markets is higher in surplus areas than in deficit areas before ICT period. However, after the ICT period, the level of integration was not determined by the amount of production. This is indicated by speed of adjustment of the error correcting terms which shows, in the ‘before’ period the deviation from the equilibrium was not adjusted immediately in deficit markets than the surplus markets, both in the above and below the threshold level but in the ‘after’ period, the speed of adjustment is improved in both types of markets. The study proposes that coordinated infrastructure development is required through government intervention as communication alone does not bring the required result and expansion of modern commodity exchanges is highly recommended to increase grain market integration.
URI: http://hdl.handle.net/123456789/3374
Appears in Collections:Journal of Agricultural Development (JAD)

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