The impact of digitalisation on the agricultural wholesale prices to aid agrarian income
Sanjay Chaudhary and
Pradeep Kumar Suri
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Pradeep Kumar Suri: Delhi School of Management, Delhi Technological University, Delhi, India
Agricultural Economics, 2022, vol. 68, issue 10, 361-370
Abstract:
The paper analyses the effect of electronic-trading (e-trading) on the wholesale prices of select commodities in agricultural marketplaces to aid agrarian income levels. Post a literature review, the researcher performed a field survey to get the opinions of 371 farmers and traders. The researcher also conducted the descriptive statistical analysis, the difference in differences analysis, and the t-test analysis to show the wholesale price improvement after the e-trading platform implementation. The field survey findings and the statistical analysis suggest an increase in average wholesale prices of select agri-commodities in select markets of India due to the National Agriculture Market (eNAM) e-trading platform effect. The suggestions to practitioners and social policymakers highlight an improvement in the functioning of e-trading in terms of better prices for farmers, lowering transaction costs, increased transaction speed, reduced administrative hurdles, improved infrastructure and eventually higher income for a farmer. The knowledge base developed in this paper will help researchers reduce the knowledge gap in agricultural pricing.
Keywords: e-marketplace; electronic trading; income improvement; national agriculture market; wholesale pricing (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:68:y:2022:i:10:id:113-2022-agricecon
DOI: 10.17221/113/2022-AGRICECON
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