Journal of Economic Research & Reviews(JERR)
ISSN: 2771-7763 | DOI: 10.33140/JERR
Impact Factor: 1.3
Negussie Zeray
Dilla University, Ethiopia
Publications
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Review Article
Asymmetric price Transmission of the Groundnut market in Ethiopia. A NARDL Approach
Author(s): Alihasen Yacob* and Negussie Zeray
Assessing market integration is essential for understanding the impacts of market expansion and liberalization initiatives. This research aims to analyze the spatial price transmission and market integration of significant groundnut markets in Ethiopia, utilizing monthly retail price data from September 2000 to August 2022. A combination of descriptive and econometric methods was employed for the analysis. The descriptive statistics indicated that consumption areas exhibited the highest nominal mean prices, with Dire Dawa and Addis Ababa reporting ETB29.89 and ETB28.69 per kilogram, respectively, whereas the producing regions showed the lowest average prices for groundnuts. The Augmented-Dickey Fuller test was used to test for the stationarity of individual price series and was confirmed by the KPSS test. All the price series data that were used tested for Unit Root. They were found t.. Read More»