KRISHI
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Please use this identifier to cite or link to this item:
http://krishi.icar.gov.in/jspui/handle/123456789/42736
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | R. K. Paul | en_US |
dc.contributor.author | K. Sinha | en_US |
dc.date.accessioned | 2020-11-26T10:06:36Z | - |
dc.date.available | 2020-11-26T10:06:36Z | - |
dc.date.issued | 2015-03-01 | - |
dc.identifier.citation | Not Available | en_US |
dc.identifier.issn | Not Available | - |
dc.identifier.uri | http://krishi.icar.gov.in/jspui/handle/123456789/42736 | - |
dc.description | Not Available | en_US |
dc.description.abstract | The price signals of agricultural commodities from markets located in different locations play a very important role in the economy. The price signals guide and regulate production, consumption and marketing decisions over time. Therefore, if markets are not well integrated, the price signals are distorted, which will lead to inefficient resource allocation and hamper sustainable agricultural development. This paper employs an econometric modeling for estimating a vector error correction model (VECM) to investigate the degree of spatial market integration and price transmission between the important coffee consuming centers in India (viz. Bangalore, Chennai and Hyderabad) using month-wise wholesale prices of coffee seeds. The cointegration analysis reveals long run equilibrium subject to price transmission among the markets. The out of sample forecasting performance of VECM model is also computed for cointegrated markets. The degree of integration and price adjustment to deviations from long run equilibrium ranges between 12 to 52%. The results obtained are expected to contribute in the field of planning and forecasting. | en_US |
dc.description.sponsorship | Not Available | en_US |
dc.language.iso | English | en_US |
dc.publisher | Not Available | en_US |
dc.relation.ispartofseries | Not Available; | - |
dc.subject | Cointegration | en_US |
dc.subject | Error correction model | en_US |
dc.subject | Forecasting | en_US |
dc.subject | Price transmission | en_US |
dc.title | Spatial Market Integration among Major Coffee Markets in India | en_US |
dc.title.alternative | Not Available | en_US |
dc.type | Research Paper | en_US |
dc.publication.projectcode | Not Available | en_US |
dc.publication.journalname | Journal of the Indian Society of Agricultural Statistics | en_US |
dc.publication.volumeno | 69(3) | en_US |
dc.publication.pagenumber | 281-287 | en_US |
dc.publication.divisionUnit | Not Available | en_US |
dc.publication.sourceUrl | Not Available | en_US |
dc.publication.authorAffiliation | ICAR::Indian Agricultural Statistics Research Institute | en_US |
dc.ICARdataUseLicence | http://krishi.icar.gov.in/PDF/ICAR_Data_Use_Licence.pdf | en_US |
dc.publication.naasrating | 5.51 | - |
Appears in Collections: | AEdu-IASRI-Publication |
Files in This Item:
File | Description | Size | Format | |
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6_Ranjit.pdf | 245.18 kB | Adobe PDF | View/Open |
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