Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...

Ethiopia’s crop agriculture is complex, involving substantial variation in crops grown across the country’s different regions and ecologies. Five major cereals (teff, wheat, maize, sorghum and barley) are the core of Ethiopia’s agriculture and food economy, accounting for...

Individuals’ aspirations and their consequences for future-oriented behavior have received increased attention in devel-opment economics literature in recent years. At this stage, however, each study relies on ad hoc empirical instruments to measure aspirations, thereby limiting...

Studying the sources of growth in agricultural production, examining the extent of inefficiency, and identifying the sources of such inefficiency, is an important step forward to improve the livelihood of subsistence farm households in developing countries. A stochastic frontier analysis is used...

On the back of both a global food crisis and various domestic factors, Ethiopia has experienced one of the world’s fastest rates of food inflation in recent years. Yet the lack of high frequency survey data means that very little is known about the welfare impacts of these price changes....

In spite of remarkable growth in Ethiopia’s agricultural production and overall real incomes (GDP/capita) from 2004/05 to 2008/09, prices of major cereals (teff, maize, wheat and sorghum) have fluctuated sharply in both nominal and real terms. International prices of cereals also...

Recognition that policies aimed at ‘getting prices right’ in less-developed countries have not been successful due to incomplete markets has spurred a new wave of reforms aimed instead at ‘getting markets and institutions right’. Previous studies of this policy shift...