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Agricultural and Food Economics

Table 4 Price instability coefficients and gaps between successive market pairs in the Toffo-Bohicon market cluster

From: Assessing the role of market integration in the consumption of traditional foods in Benin: a joint price instability coefficient and diet composition approach

Foods

Primary market Sey: 1

Assembly market Sèhouè: 2

Consumer market Houègbo: 3

Regional market Bohicon: 4

Egusi in shells

1.53

2.11

(0.58)

2.11

(0.00)

0.86

(1.25)

Unshelled egusi

–

–

–

0.80

(–)

Palm oil

2.03

2.03

(0.00)

2.03

(0.00)

1.12

(0.91)

Groundnut in shells

4.94

4.94

(0.00)

4.94

(0.00)

–

Maize

2.88

2.21

(0.67)

1.84

(0.37)

0.66

(1.18)

Traditional foods

3.09

2.92

(0.17)

2.83

(0.09)

0.86

(1.97)

Vegetal oil

1.67

1.67

(0.00)

1.67

(0.00)

1.74

(0.07)

Imported rice

0.55

0.55

(0.00)

0.55

(0.00)

0.64

(0.00)

Introduced foods

1.11

1.11

(0.00)

1.11

(0.00)

1.19

(0.12)

  1. Number of observations: 22 (monthly prices, July 2009–July 2011)
  2. Figures in parentheses are the absolute gaps between price instability coefficients (I) for successive markets. Figures  in italics are product type-wise averages
  3. – data not available
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