CO-INTEGRATION AND CAUSALITY: AN APPLICATION TO GARLIC MARKETS IN CENTRAL INDIA
Journal Title: International Journal of Agriculture Sciences - Year 2017, Vol 9, Issue 7
Abstract
Madhya Pradesh being the leading garlic producing state of India contributes about one-fourth of the total Indian production. The aim of this paper is to assess the extent and integration among garlic markets and to study price movement of garlic in Madhya Pradesh. For study purpose time series secondary data related to monthly average wholesale prices and arrivals of garlic were collected from major markets in Madhya for the period 2001-02 to 2013-14. The econometrics tools viz. Moving average, ADF based unit root test, Johansen’s co-integration test, Granger causality test etc. were used to analysed the collected data. Negative relationship was observed between price and arrival for garlic in the markets of central India. The prices of garlic were non-stationary and observed higher in the months from November to January across the selected markets. The price series showed the consequences of unit root and were stationary at first difference. Long run equilibrium relationship and co-integration between selected markets were observed. Most of the selected markets showed unidirectional influence on garlic prices of each other and function as a satellite market and assimilate information.
Authors and Affiliations
APOORWA TOMAR
Keywords
Related Articles
- EP ID EP170267
- DOI -
- Views 124
- Downloads 0
TRIBAL DEVELOPMENT IN NANDURBAR DISTRICT THROUGH NETWORKING OF SELF HELP GROUPS
After formation of SHG, the area under cultivation increased because of technology transfer. Even though the cropping pattern was dominated by food grain crops the proportionate share has been diverted towards high value...
EVALUATION OF MORPHOLOGICAL CHARACTERS OF GLADIOLUS (Gladiolus hybridus Hort.) GENOTYPES UNDER SUB HUMID CONDITION OF RAJASTHAN
A field experiment was conducted during Rabi season of 2014-15 to study “Evaluation of Morphological Characters of Gladiolus Genotypes (Gladiolus hybridus Hort.)†at the Instructional Farm, Department of Floriculture...
COMBINING ABILITY AND VARIANCE ANALYSIS IN INDIAN MUSTARD [Brassica juncea L. CZERN & COSS]
The combining ability studies involving 50 hybrids generated through Line x Tester mating of 10 lines and 5 testers was conducted at SKRAU, Bikaner.The combining ability analysis of 15 parents and their 50 F1s revealed t...
HETEROTIC EXPRESSION FOR NUTRITIONAL QUALITY IN QUALITY PROTEIN MAIZE [Zea mays L.]
With an objective to identify potential parents and hybrids for quality and other traits for maize improve¬ment, an investigation was carried out with diallel analysis involving Eight lines I-07-59-5 [P1], I-07-6-4-4 [P...
NUTRIENT CONTENT AS WELL AS UPTAKE OF MAIZE AND GREEN GRAM AS AFFECTED BY INTEGRATED NUTRIENT MANAGEMENT IN MAIZE- GREEN GRAM CROPPING SEQUENCE UNDER SOUTH GUJARAT CONDITION
The investigation entitled, “Nutrient content as well as nutrient uptake of maize and green gram as affected by integrated nutrient management in maize- green gram cropping sequence under south Gujarat condition†was...