Spatial Pricing Efficiency of Rice Marketing in North Central, Nigeria

Olanike Ojo, Akindele Ojo and Jacob Tsado

No 212595, 2015 Conference, August 9-14, 2015, Milan, Italy from International Association of Agricultural Economists

Abstract: This study examined the spatial pricing efficiency of rice marketing in North central, Nigeria. Data collection involved the use of primary data and a multi-stage random sampling technique was used the selection of 200 marketers. Data analytical techniques involved the use of descriptive statistics, the model of spatial price relationship as well as Ordinary Least Square (OLS) regression model. The results on spatial pricing efficiency revealed that consumers were void of exploitative behavior of middlemen in most of the markets. The result on the factors affecting rice prices showed the estimated R2 for Kwara and Niger States of 98.3% and 42%, respectively. The main constraint facing rice marketing in the area was cost of transportation. Based on these results, it is recommended that the negative price spread in Owode market should gear up the local government authorities in the provision of more market outlets in Owode market.

Keywords: Agricultural and Food Policy; Financial Economics (search for similar items in EconPapers)
Pages: 18
Date: 2015
New Economics Papers: this item is included in nep-mkt and nep-pke
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/212595/files/O ... al_%20Nigeria-53.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae15:212595

DOI: 10.22004/ag.econ.212595

Access Statistics for this paper

More papers in 2015 Conference, August 9-14, 2015, Milan, Italy from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().