Shocks by size and regional base of the maize trader
| Trader size (share) | T-test | ||
|---|---|---|---|
| Small | Large | T Statistic | |
| Share of wholesalers | 42 | 58 | |
| Shocks | |||
| Drought/floods/road washout | 11 | 15 | −2.16*** |
| Boko Haram conflict on maize selling/buying | 15 | 16 | −0.22 |
| Farmer-herder conflict on maize buying | 19 | 19 | −0.00 |
| Banditry on maize trading | 36 | 44 | −2.32** |
| Spoilage | 1 | 3 | −1.15 |
| Jump in maize price | 58 | 57 | 0.31 |
| Jump in truck fuel price | 33 | 42 | −3.03*** |
| Negative COVID-19 effects | 61 | 66 | −1.57 |
| Trader size (share) | |||
|---|---|---|---|
| Small | Large | ||
| Share of wholesalers | 42 | 58 | |
| Drought/floods/road washout | 11 | 15 | −2.16*** |
| Boko Haram conflict on maize selling/buying | 15 | 16 | −0.22 |
| Farmer-herder conflict on maize buying | 19 | 19 | −0.00 |
| Banditry on maize trading | 36 | 44 | −2.32** |
| Spoilage | 1 | 3 | −1.15 |
| Jump in maize price | 58 | 57 | 0.31 |
| Jump in truck fuel price | 33 | 42 | −3.03*** |
| Negative COVID-19 effects | 61 | 66 | −1.57 |
| Region (share) | T-test | ||
|---|---|---|---|
| North | South | T Statistic | |
| Share of wholesalers | 93 | 7 | |
| Shocks | |||
| Drought/floods/road washout | 13 | 26 | −3.20*** |
| Boko Haram conflict on maize selling/buying | 13 | 40 | −6.43*** |
| Farmer-herder conflict on maize buying | 18 | 43 | −5.31*** |
| Banditry on maize trading | 41 | 48 | −1.35 |
| Spoilage | 3 | 1 | 0.87 |
| Jump in maize price | 58 | 61 | −0.58 |
| Jump in truck fuel price | 41 | 27 | 2.33** |
| Negative COVID-19 effects | 64 | 61 | 0.6 |
| Region (share) | |||
|---|---|---|---|
| North | South | ||
| Share of wholesalers | 93 | 7 | |
| Drought/floods/road washout | 13 | 26 | −3.20*** |
| Boko Haram conflict on maize selling/buying | 13 | 40 | −6.43*** |
| Farmer-herder conflict on maize buying | 18 | 43 | −5.31*** |
| Banditry on maize trading | 41 | 48 | −1.35 |
| Spoilage | 3 | 1 | 0.87 |
| Jump in maize price | 58 | 61 | −0.58 |
| Jump in truck fuel price | 41 | 27 | 2.33** |
| Negative COVID-19 effects | 64 | 61 | 0.6 |
Note(s): *p < 0.1; **p < 0.05; ***p < 0.01
Regions: North includes: Katsina, Kano, Kaduna and Plateau. South includes Oyo
Size: large traders are those that sold 32 tons (or more) per month within the high season
Source(s): Authors’ calculations from authors’ own survey data
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