An Analysis of the Rice Market Integration in Uganda

Table of Contents

DEDICATION

ACKNOWLEDGMENT

ABSTRACT

ACRONYMS

CHAPTER ONE
1.0 INTRODUCTION
1.1 The Ugandan Agricultural Sector
1.2 Rice Production in Uganda
1.2.1 Rice production trends
1.2.2 Rice supply and demand
1.3 Economic importance of rice
1.4 Rice consumption in Uganda
1.5 Problem statement
1.6 General Objectives
1.6.1 Specific objectives
1.6.2 Hypotheses of the Study
1.7 Scope of the study

CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 Market linkage and integration
2.1.1 The concept of Integration
2.1.2 Market integration
2.1.3 Measures of Market integration
2.1.4 Empirical Studies of market integration
2.2. Lag order determination Information Criteria

CHAPTER THREE
3.0 METHODOLOGY
3.1 Field Methods
3.1.1 Study area
3.1.2 Data Collection and handling
3.2 Analytical Methods
3.2.1 Diagnostics and testing
3.3 Testing for Co integration
3.3.1 Testing for long run co integration
3.3.2 Determination of strength of market integration
3.3.2a. Testing for bivariate co integration
3.3.2b. Testing for Granger causality relationships
3.3.2c Testing for impulse response functions of the market system

CHAPTER FOUR
RESULTS AND DISCUSSIONS
4.1 Status and extent of market integration
4.2 Co integration among price series
4.2.1. Testing for co integration by bivariate analysis
4.2.2 Determination of direction of causality relationship among markets
4.3 Results and discussion of multivariate analysis
4.3.1 Determination of co integrating market sets
4.3.2 Determination of dynamic adjustments by Impulse Response Functions

CHAPTER FIVE
5.0 SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
5.1 Summary
5.2 Conclusion
5.3 Recommendations

REFERENCES

Appendix I: Map of Uganda Showing NAADS Program Expansion from
2001/02 to 2007/08

Appendix II: IRF graphs of Kampala market shocks against other markets

Appendix III: Proportional Difference test for market integration

Appendix IV: Bivariate analysis results for rice market co integration