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Producer price and price transmission in a deregulated Ethiopian coffee market AgEcon
Worako, Tadesse Kumma; van Schalkwyk, Herman D.; Alemu, Zerihun Gudeta; Ayele, Gezahegn.
Coffee producers in Ethiopia have historically received a very small share of the export price of green coffee. Reasons that are often mentioned are heavy government intervention and high marketing and processing costs. Prior to 1992, government regulation of the domestic coffee market in the form of fixed producer prices and the monopoly power of the Ethiopian Coffee Marketing Corporation put a substantial wedge between the producer price and the world price of coffee by imposing an implicit tax on producers. The domestic coffee marketing system in Ethiopia was liberalised after 1992, which was envisaged to have a positive effect on producer prices and price transmission signals from world markets to producers. This paper, with the help of Cointegration...
Tipo: Journal Article Palavras-chave: Market deregulation; Producer price; Price transmission; Price asymmetry.
Ano: 2008 URL: http://purl.umn.edu/47658
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