International records / OpenAlex research

Spatial integration and price communication in food grains markets in Ogun State of Nigeria

Grains are important food items amongst many households because of their nutritional values. Quite often, there are distinct disparities between the wholesale and retail prices of these commodities. This study therefore investigated the degree of integration and price communications in food grains markets. Data were collected from 240 food grains marketers who were randomly selected from the 4 divisions in Ogun State, Nigeria. Multiple regression model, supply elasticities and price correlation co-efficients estimates were done. For rice markets in Egba division of Ogun State, there were stron…