Structural Transformation of Cereal Markets in Ethiopia
研究了埃塞俄比亚过去十年谷物市场的结构性变化,发现经济增长、城市化、基础设施改善和现代农业投入的普及促进了市场整合,降低了价格差异和加工零售利润,改善了粮食营销系统,对解决粮食不安全问题有重要意义。
We study cereal markets in Ethiopia over the last decade, a period that has been characterised by important local changes, including strong economic growth, urbanisation, improved road and communication infrastructure, and higher adoption of modern inputs in agriculture. These changes are associated with better spatial price integration as well as with significant declines in real price differences between supplying and receiving markets and in cereal milling and retail margins. In short, important improvements have occurred in Ethiopia’s cereal marketing system. This is especially important because dysfunctional cereal markets were previously identified as an important cause of food insecurity in the country.