Impact of macro-economic policies on the sugar sector of Sri Lanka

Keerthipala, A. P.

doi:10.1007/bf02942688

Cited by 4 publications

(2 citation statements)

References 2 publications

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“…The price of sugar is influenced by factors such as technological change along the value chain and government interventions in terms of price fixation, levies and trade policies. A few studies have analysed the market behaviour and price determination in the sugar sector (Mustafa & Khan 1982;Keerthipala 2002;Ribeiro & Oliveira 2011;Kumawat & Prasad 2012;Hamulczuk & Szajner 2015;Pastpipatkul et al 2016), but these have not explored the impact of policy variables on sugar price and their inter-relationships. This paper intends to identify the major determinants, including government interventions, of the price of sugar.…”

Section: Introductionmentioning

confidence: 99%

Sugar price determination in India: an econometric analysis

Malaiarasan¹,

Felix²,

Paramasivam³

et al. 2019

Agri. Econ. Rese. Revi.

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India's sugar sector faces several price and non-price controls that distort prices and hinder the further development of the sector. This paper assesses the impact of policy interventions and technological change on sugar prices. It employs the autoregressive distributed lag (ARDL) model to estimate the interrelationship between sugar price and its determinants in the long run and finds that, in the long run, sugar price is significantly influenced by the recovery rate, beginning stock, jaggery price and per capita income. Further, 86% of the disturbance in the short run in sugar price is corrected within a year.

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Section: Introductionmentioning

confidence: 99%

Sugar price determination in India: an econometric analysis

Malaiarasan¹,

Felix²,

Paramasivam³

et al. 2019

Agri. Econ. Rese. Revi.

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show abstract

“…Keerthipala (2002) studied the macro policies impact on sugar sector of Serilanka. An analysis was performed to investigate the effect of changes in domestic prices of sugar, sugar import, tariff rates, interest rates and exchange rates together with mill capacities, per capita incomes and world sugar prices during the post-liberalisation period on the sugar sector of Sri Lanka.…”

Section: Introductionmentioning

confidence: 99%

An econometrics method to estimate demand of sugar

Soleimany¹

2012

MSL

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Sugar is one of the strategic goods in the basket of households in each country and it plays an important role in supplying the required energy. On the other hand, it is one of the goods, which Iranian government is about to change its subsidy strategies. To design useful sugar subsidy strategies, it is necessary to know sugar position in the basket of households and be familiar with households' sugar demand or consumption behavior. This research estimates sugar demand for Iranian households by using time series of 1984-2008, which is taken from central bank of Iran. In this paper, first independent and dependent variables of household sugar demand model are chosen based on the literature review and theory of demand. Then, sugar demand is estimated by OLS technique and linear regression. The preliminary statistical observations such as Durbin-Watson, F statistic and R2 indicate that the regression is admissible. The results seem plausible and consistent with theory and show that sugar demand in Iranian households is associated with household expenditure, relative sugar price, family size and indicate that demand of sugar is affected during the war time. The results also show the income elasticity is 0.8 and price elasticity is -0.2 which means sugar is essential good for Iranian households and is inelastic to price.

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Sugar industry of Sri Lanka: Major issues and future directions for development

Keerthipala

2007

Sugar Tech

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Impact of macro-economic policies on the sugar sector of Sri Lanka

Cited by 4 publications

References 2 publications

Sugar price determination in India: an econometric analysis

Sugar price determination in India: an econometric analysis

An econometrics method to estimate demand of sugar

Sugar industry of Sri Lanka: Major issues and future directions for development

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