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  • Price Transmission Potato

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    hudsyn33
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    This table examines the transmission of potato prices from Nakuru to three Kenyan markets - Eldoret, Nairobi, and Mombasa. It finds that the prices in all three markets have a unit root and a long run relationship with the prices in Nakuru. Additionally, it shows the speed of adjustment and short run adjustment for each market's prices based on an error correction model.

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    This table examines the transmission of potato prices from Nakuru to three Kenyan markets - Eldoret, Nairobi, and Mombasa. It finds that the prices in all three markets have a unit root and a long run relationship with the prices in Nakuru. Additionally, it shows the speed of adjustment and short run adjustment for each market's prices based on an error correction model.

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    © All Rights Reserved
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    14 views2 pages

    Price Transmission Potato

    Uploaded by

    hudsyn33
    This table examines the transmission of potato prices from Nakuru to three Kenyan markets - Eldoret, Nairobi, and Mombasa. It finds that the prices in all three markets have a unit root and a long run relationship with the prices in Nakuru. Additionally, it shows the speed of adjustment and short run adjustment for each market's prices based on an error correction model.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Table 4:Transmission of Nakuru Potato prices to the Eldoret,Nairobi and Mombasa markets

    Location Unit root Long rub relationship Error Correction Model


    ADF test Johansen Test Speed of adjustment Short run adjustment
    Eldoret Yes Yes -0.19 -0.13
    Nairobi Yes Yes -0.02 -0.15
    Mombasa Yes Yes -0.42 -0.15
    *significant at 5%
    asa markets
    tion Model
    Long run adjustment
    0.59
    0.43
    0.44

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