Market Integration and Causality in Pear in India

Wani, M.H.; Paul, Ranjit Kumar; Bazaz, Naseer Hussain; Bhat, Arshad

doi:10.5958/0976-4666.2015.00103.5

Cited by 9 publications

(10 citation statements)

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“…On the contrary, rice market due to maximum inter-state movement restrictions was poorly integrated. Also, Beag and Singla (2014); Sundaramoorthy et al (2014); Praveen and Inbasekar (2015); Wani et al (2015) established similar results for export commodities in their various studies.…”

Section: Extent Of Market Integration (Multivariate Co-integration)supporting

confidence: 54%

Horizontal Market Integration of Rubber Among Some Selected Major Exporting Developing Countries in the World

Sadiq

Singh

Ahmad³

2022

PJAAEVS

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The research determined the horizontal market integration among the spatial major exporters of rubber viz. Ivory Coast, Indonesia, Philippines and Thailand in the world. Time series data from the FAO and UNCTAD data repositories that covered 51 years period (1966-2017) were utilized. The data were analyzed using descriptive and inferential statistics such as the unit root test, Johansen co-integration test and, restricted vector autoregressive (VAR) test. The empirical evidence showed presence of passive horizontal integration among the spatially separated markets. Compliance with the WTO policies makes the market prices of Ivory Coast to have effective linkages with the prices of all the selected markets; as trade war affected the price relationships between the latter markets viz. Indonesia, Philippines and Thailand; all situated in Asia. The market prices of Philippines and Thailand were not autarkic, thus the most efficient, as they are stable in the long-run and have the capacity to absolve any shocks that causes disequilibrium to its long-run equilibrium from any of the short-run. In addition, the market prices of Philippines and Thailand were more efficient as their prices were formed within the system while that of Ivory Coast and Indonesia depend on exogenous effect. The market prices of Thailand wield significant influence in price determination of rubber among the selected markets as the latter markets were relative follower in the international market. It was established that rubber marketing is useful in the international sphere as all the selected market prices witnessed persistent volatility. A high product quality will makes the market prices of Ivory Coast, Philippines and Thailand to be remunerative while poor quality coupled with sharp practices of oligopolistic middlemen will affect the market prices of Indonesia. Thus, the need for an effective marketing network that will enhance integration and efficient price communication among these markets is recommended.

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Section: Extent Of Market Integration (Multivariate Co-integration)supporting

confidence: 54%

Horizontal Market Integration of Rubber Among Some Selected Major Exporting Developing Countries in the World

Sadiq

Singh

Ahmad³

2022

PJAAEVS

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“…ARIMA (1, 0, 6) model selected for the forecasting 18 . Therefore, using the prices of seasonally differentiated series for the years up to 2013 and 2014, one step ahead forecast was calculate for the years of 2014 and 2015 respectively 20 .…”

Section: Identification Of the Modelmentioning

confidence: 99%

Price Forecasting of Mango in Varanasi Market of Uttar Pradesh

2018

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The study had been made to forecast the price of mango using ARIMA model in one of the major markets of Uttar Pradesh as the state ranks first position in production of mango in India. Varanasi market was selected purposively on the basis of second highest arrival market of mango in the state. Using ARIMA methodology on the monthly prices of mango collected from the Agricultural Produce Market Committee (APMC), Varanasi for the year 1993 to 2015. As the mango fruit having property of alternate bearing, only six month data from March to August was available in the market and accordingly had been used for forecasting analysis using E-views 7 software. The results revealed that the price in selected market was found to be highest during the start of the season using ARIMA (1,0,6) model, confirming the validity of model through Mean Absolute Percentage Error (MAPE). The MAPE was found to be less than 10 per cent for one step ahead forecast of year 2015. Forecasted price for the month of March was almost double than the price of other months. It indicates the necessity of adopting pre and post harvest management technologies for getting the benefit over increase in prices.

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“…The result of Granger test shows consistency in all main domestic markets of red onions causing export price to move in one direction. Furthermore, Wani et al (2015) in their study on market integration and the estimation of apple price in India, uses a co-integrated analysis to determine the level of market integration. The results show that the selected apple market is very integrated and focus on long-term equilibrium.…”

Section: Literature Reviewmentioning

confidence: 99%

Market Integration of Agricultural Products

Marwa¹,

Bashir²,

Azwardi³

et al. 2017

IJEBA

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The study aims to investigate the relationship between the prices of agricultural products at the producer level with the prices of the same products at the consumer level in South Sumatera, Indonesia with a case study on the production and consumption of rice as the most important agricultural product in Indonesia. The analytical approach is linear regression modelling with Ordinary Least Squares (OLS), and the Approach of Index Market Connection model (IMC). The findings of the study indicated integration between the price of rice at the producer level and the price of rice at the consumer level. In addition, the three sample regions have IMC value less than 1, meaning that both markets have vertical integration in the short run.

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Market Integration and Causality in Pear in India

Cited by 9 publications

References 0 publications

Horizontal Market Integration of Rubber Among Some Selected Major Exporting Developing Countries in the World

Horizontal Market Integration of Rubber Among Some Selected Major Exporting Developing Countries in the World

Price Forecasting of Mango in Varanasi Market of Uttar Pradesh

Market Integration of Agricultural Products

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