Onion Market Dynamics: Integration and Price Transmission across Key Indian Markets
S Harshitha Nayak and
Shivendra Kumar Srivastava
No 344319, IAAE 2024 Conference, August 2-7, 2024, New Delhi, India from International Association of Agricultural Economists (IAAE)
Abstract:
Analysis of agricultural commodity price and market arrivals over time is important to know the fluctuations. It helps to formulate appropriate ways and means for reducing price fluctuations. Hence, trend, seasonal indices and variability in arrivals and prices of onion were studied in selected markets viz., Bengaluru, Mumbai, Ahmedabad and Pune. The secondary monthly data pertaining to arrivals and prices of onion in the above mentioned four markets was collected from agmarknet website for the period of 15 years i.e., from 2009 to 2023. The co- integration between markets was analyzed using Johansen’s co-integration test and the pairwise causality between markets was analyzed using Granger causality test. The trend analysis shows the positive trend in both arrivals and prices in all the four markets. Variability of prices was found pretty higher than that of market arrival. The result also revealed that all of the price series were non stationary at level and stationary at first difference. Presence of co- integration among the sample markets and price transmission from one market to another market excluding one or two markets was established.
Keywords: Marketing (search for similar items in EconPapers)
Date: 2024-08-07
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cfcp15:344319
DOI: 10.22004/ag.econ.344319
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