2024
DOI: 10.1111/agec.12825
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Price support policy and market price dynamics: The case of Indian wheat

Ashutosh K. Tripathi

Abstract: The study investigates the effect of price support policies on market price distribution and its dynamics in the Indian wheat market. The analysis uses a quantile autoregression model that provides a flexible representation of price dynamics and the 2001–2020 monthly wholesale market price data. The analysis is conducted conditional on the net stock level held in the previous period. The results reveal that the net purchase by the government prevented very low market prices for wheat but resulted in price spik… Show more

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