Behavioural study of market arrivals and prices of pigeon pea in Maharashtra
Journal: Indian Journal of Economics and Development (Vol.10, No. 1)Publication Date: 2014-02-20
Authors : Suvarna L. Mahalle; Siddharth Shastri; Shiv Kumar;
Page : 86-94
Keywords : Pigeon pea; market arrival; co-integration; ECM.;
Abstract
The study concluded that an increasing trend in arrivals was found in Washim, Yeotmal, Nandura and Shegaon markets. Whereas, decreasing trend in arrivals observed in Akola, Latur and Nanded markets. All study markets showed increasing positive trend in wholesale price of pigeonpea during study period. The price behaviour in off-season was on higher side and reverse was the case in on-season. Washim market had higher intra year price variation followed by Latur, Akola, Yeotmal, Shegaon and Nanded market. The lagged price is an important factor in determining the current price than the market arrivals. The market integration showed that out of seven markets five markets were integrated.
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