Cereal Market Performance in Ethiopia : Policy Implications for Improving Investments in Maize and Wheat Value Chains
The objective of this study is to provide an updated overview on the performance of cereal markets in Ethiopia. Specifically, the study seeks to inform and guide project operations for the Government of Ethiopia (GoE) and the World Bank. First, it...
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/244301527835694130/Cereal-market-performance-in-Ethiopia-policy-implications-for-improving-investments-in-maize-and-wheat-value-chains http://hdl.handle.net/10986/29966 |
Summary: | The objective of this study is to
provide an updated overview on the performance of cereal
markets in Ethiopia. Specifically, the study seeks to inform
and guide project operations for the Government of Ethiopia
(GoE) and the World Bank. First, it aims to inform the
government about incentives concerning grain storage before
the GoE makes more public investments in storage facilities
at the cooperative and union levels. Second, both the GoE
and the World Bank need a better understanding of cereal
market performance, including the constraints for private
sector investment in storage facilities. Further, to respond
to increasing demand from the government for more food-based
(nonmarket) interventions to provide access to food to the
poor instead of market-based (cash or voucher transfers),
the PSNP program will need to be better informed about the
level and extent of cereal market integration. The report is
organized as follows: section two provides an overview of
the maize and wheat subsectors. It also summarizes key
observations about maize and wheat value chain performance
based on a field survey. Section three details the
conceptual framework and the empirical strategy to assess
the maize and wheat markets performance. Section three
presents the empirical model. Section four discusses data
and section five presents the empirical results. Finally,
the conclusions and policy implications are discussed in
section six. |
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