Determination of the Integration of Rice Markets in Enugu State, Nigeria
Determination of the Integration of Rice Markets in Enugu State, Nigeria
ABSTRACT
This study was designed to determine the integration of rice markets in Enugu state. Factors considered include: socio-economic characteristics, existing market structure and channels, integration of rice markets, structural factors that affect the integration of rice markets and the problems affecting rice traders in the state. Forty wholesalers and forty retailers were selected for the study. Primary data and secondary data were collected and analyzed using descriptive statistics, co-integration analysis and market integration function. The results showed that majority of the rice traders were between 30 and 49 years with low educational status and marketing experience ranging from 6 to 10 years. Unit Root Test showed that the variables were...