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CO-INTEGRATION OF MAJOR POTATO MARKETS IN PUNJAB
ISSN: 2277 - 7601
Publisher: author
CO-INTEGRATION OF MAJOR POTATO MARKETS IN PUNJAB
Indexed in
Agriculture and Food Sciences
ARTICLE-FACTOR
1.3
Article Basics Score: 2
Article Transparency Score: 3
Article Operation Score: 2
Article Articles Score: 3
Article Accessibility Score: 3
SUBMIT PAPER ASK QUESTION
International Category Code (ICC):
ICC-0202
Publisher: Kiran Abasaheb More
International Journal Address (IAA):
IAA.ZONE/2277391807601
eISSN
:
2277 - 7601
VALID
ISSN Validator
Abstract
The study has investigated market integration across major potato markets of Punjab, viz. Amritsar, Jalandhar and Ludhiana and the respective markets with the national market (New Delhi) by adopting various statistical/econometrical analytical techniques. The study has confirmed the presence of stationarity through Dickey-Fuller (ADF) unit root test. The correlation coefficients in monthly prices of potato between all the selected market pairs were positive and significantly different from zero indicating strong market integration. There was longrun price association among the sample markets found by implying Johansen multiple co-integration procedure Granger causality test explored the causality of relationship between the sample market pairs. Vector Error Correction Method (VECM) revealed that in the selected markets the flow of market information had occurred both in short run and long run. Despite of fair level integration, the pr...
