Grassroots Journal of Natural Resources

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Grassroots Journal of Natural Resources

Coordinated and published by The Grassroots Institute, the Grassroots Journal of Natural Resources (GJNR) is an international journal dedicated to the latest advancements in natural resources throughout the world. The goal of this journal is to provide a platform for scientists, social scientists, policy analysts, managers and practitioners (on all academic and professional levels) all over the world to promote, discuss and share various new issues and developments in different arenas of natural resources.

VOLUME 5, ISSUE 3 (SEPTEMBER 2022)

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M – 00307Research Article

Is Potato Market Efficient in Ethiopia? Evidence from Farta District of Amhara Region

Gedefaw Kindu Wubet1, Asmiro Abeje Fikadu2, Mengistu Negussie Amare*3

1Department of Agricultural Economics, Debre Tabor University, Debre Tabor, Ethiopia.

Email: gedefawkindu2013@gmail.com | ORCID: https://orcid.org/0000-0001-9218-4588

2Department of Agricultural Economics, Debre Tabor University, Debre Tabor, Ethiopia.

Email: asmiro2013@gmail.com | ORCID: https://orcid.org/0000-0003-3161-4489

3Department of Agricultural Economics, Debre Tabor University, Debre Tabor, Ethiopia.

Email: mengistunegussie1315@gmail.com | ORCID: https://orcid.org/0000-0002-8677-8686

*Corresponding author

Grassroots Journal of Natural Resources, 5(3): 18-30. Doi: https://doi.org/10.33002/nr2581.6853.050302

Received: 26 July 2022

Reviewed: 20 August 2022

Provisionally Accepted: 25 August 2022

Revised: 31 August 2022

Finally Accepted: 11 August 2022

Published: 30 September 2022


                                    

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ABSTRACT

The study aimed to explore the structure and conduct of the potato market in the Farta District of Amhara Region in Ethiopia. Data was collected from 123 potato producers, 30 traders and 13 consumers selected through a two-step random sampling procedure. Four major value chain actors that held about 49.2 percent of the total quantity of potato purchased were identified. It was found that the Farta potato market was weakly oligopolistic. The study showed that competition, commercial licenses and limited capital are the main obstacles to enter the potato market. About 47.11 percent of the overall gross margin of marketing was added to potato prices in the value chain. Approximately 19.5% of total gross margins were absorbed by collectors, while retailers and wholesalers accounted for 15.6% and 11.9%, respectively. The actors in the value chain of potatoes generated positive profits, but the barriers to entry, the structure of oligopoly markets and the inability to determine price sets the potato market inefficient.

Keywords

Concentration ratio; Farta district; Potato; SCP model; Oligopoly; Value

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Wubet, G.K., Zemedu, L. and Tegegne, B. (2022). Value chain analysis of potato in Farta District of

Yamane, T. (1967). Statistics, an Introductory Analysis (2nd ed.). New York: Harper and Row.

HOW TO CITE THIS PAPER?
Harvard Style

Wubet, G.K., Fikadu, A.A. and Amare, M.N. (2022). Is Potato Market Efficient in Ethiopia? Evidence from Farta District of Amhara Region. Grassroots Journal of Natural Resources, 5(3): 18-30. Doi: https://doi.org/10.33002/nr2581.6853.050302

APA Style

Wubet, G. K., Fikadu, A. A., & Amare, M. N. (2022). Is Potato Market Efficient in Ethiopia? Evidence from Farta District of Amhara Region. Grassroots Journal of Natural Resources, 5(3), 18-30. https://doi.org/10.33002/nr2581.6853.050302

ACS Style

Wubet, G. K., Fikadu, A. A., Amare, M. N. Is Potato Market Efficient in Ethiopia? Evidence from Farta District of Amhara Region. Grassroots Journal of Natural Resources, 2022, 5(3), 18-30. https://doi.org/10.33002/nr2581.6853.050302

Chicago/Turabian Style

Wubet, Gedefaw Kindu, Fikadu, Asmiro Abeje, Amare, ¬Mengistu Negussie. 2022. “Is Potato Market Efficient in Ethiopia? Evidence from Farta District of Amhara Region”. Grassroots Journal of Natural Resources, 5 no. 3: 18-30. https://doi.org/10.33002/nr2581.6853.050302

AAA Style

Wubet, Gedefaw Kindu, Asmiro Abeje Fikadu and ¬Mengistu Negussie Amare. 2022. “Is Potato Market Efficient in Ethiopia? Evidence from Farta District of Amhara Region”. Grassroots Journal of Natural Resources, 5 (3): 18-30. https://doi.org/10.33002/nr2581.6853.050302

ABSTRACTING LINKS
Crossref: https://doi.org/10.33002/nr2581.6853.050302
EuroPub: https://europub.co.uk/articles/723143
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Cite Factor: https://www.citefactor.org/article/index/0/is-potato-market-efficient-in-ethiopia-evidence-from-farta-district-of-amhara-region
Academia.edu: https://www.academia.edu/108981561/Is_Potato_Market_Efficient_in_Ethiopia_Evidence_from_Farta_District_of_Amhara_Region
Dimensions: https://app.dimensions.ai/details/publication/pub.1152205448
ZENODO: https://zenodo.org/records/10082534
OpenAIRE: https://explore.openaire.eu/search/publication?pid=10.33002%2Fnr2581.6853.050302
Scribd: https://www.scribd.com/document/683065737/Is-Potato-Market-Efficient-in-Ethiopia-Evidence-from-Farta-District-of-Amhara-Region
ScienceGate:
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Research Gate: https://www.researchgate.net/publication/364669567_Is_Potato_Market_Efficient_in_Ethiopia_Evidence_from_Farta_District_of_Amhara_Region
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Semantic Scholar: https://www.semanticscholar.org/paper/Is-Potato-Market-Efficient-in-Ethiopia-Evidence-of-Wubet-Fikadu/7e578b479605cbba70c67718f71d7bdffff2f6d6
SCISPACE: https://typeset.io/papers/is-potato-market-efficient-in-ethiopia-evidence-from-farta-2w8p5wqs
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ARCHIVE & REPOSITORY LINKS
Internet Archive: https://archive.org/details/nr.05-03-02.wubet-fikadu-amare
WorldCat: https://www.worldcat.org/title/9654922332

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