scholarly journals MODELLING AND ECONOMETRIC FRONTIERS IN MARKET INTEGRATION AND PRICE TRANSMISSION ANALYSIS

2012 ◽  
Vol 6 (1) ◽  
pp. 28-39
Author(s):  
Isaac Abunyuwah
2007 ◽  
Vol 39 (19) ◽  
pp. 2535-2545 ◽  
Author(s):  
Frank Asche ◽  
Shabbar Jaffry ◽  
Jessica Hartmann

2021 ◽  
Vol 66 (1) ◽  
Author(s):  
Shilpa S

Market integration and prices of fruit crops such as apple play an important role in determining the production decisions of apple farmers. In this context, the present study examines the degree of spatial market integration and price transmission across five major apple markets of the country, viz. Shimla, Chandigarh, Delhi, Bengaluru and Mumbai by adopting Johansen’s Cointegration Test, Grangers Causality and Impulse Response Function. The outcomes of the study strongly buttress the cointegration and interdependence of the apple markets in India. To get additional information on whether and in which direction price transmission is occurring between market pairs, Ganger’s Causality Test has been used, which has confirmed Shimla to be the price determining market as it has causal relations with all the selected markets. The Impulse Response Function supported that all the selected markets responded well to standard deviation shock given to any other market. The major implication of the study is further improvement in market integration situation through dissemination of price and arrival data efficiently and developing communication means with in the markets by the government.


2017 ◽  
Vol 62 (1) ◽  
pp. 263-282
Author(s):  
Najibullah Hassanzoy ◽  
Shoichi Ito ◽  
Hiroshi Isoda ◽  
Yuichiro Amekawa

2014 ◽  
Vol 26 (2) ◽  
pp. 264-273 ◽  
Author(s):  
Seydou Zakari ◽  
Liu Ying ◽  
Baohui Song

Agriculture ◽  
2020 ◽  
Vol 10 (7) ◽  
pp. 271
Author(s):  
Limon Deb ◽  
Yoonsuk Lee ◽  
Sang Hyeon Lee

As a staple food, rice has an enormous market in Bangladesh in terms of market participants and the volume of the product. As the price of rice is always a sensitive factor for producers, poor consumers and policy makers, this paper investigates market integration and price transmission along the vertical supply chain of rice. Johansen’s test of co-integration confirmed that farm, wholesale and retail prices are co-integrated in the long-run. A causality test revealed that prices were found to be at wholesale levels for both the upstream and downstream markets. The asymmetry error correction model (ECM) has discovered short-run and long-run asymmetry in price transmission in the vertical supply chain where both producers and consumers were being affected due to positive and negative asymmetry. Threshold autoregressive (TAR) and momentum threshold autoregressive (M-TAR) models have confirmed threshold co-integration as well as threshold effect on asymmetry in price transmission. The results highlight the inevitability of policy implementations and increased public interventions to reduce asymmetry for engendering greater pricing efficiency in Bangladesh rice markets.


Author(s):  
Aniketa Horo

Background: India has become self-sufficient for cereal production but is still dependent upon pulse imports for fulfilling its domestic demands. These imports are very much capable of influencing the domestic prices, so the present study was undertaken to study the integration and price transmission amongst the major lentil producing states of India i.e. Madhya Pradesh, Uttar Pradesh, West Bengal, Bihar, Rajasthan and Assam. Methods: Out of these six states, altogether ten markets and all India average values were undertaken for the present study based on the quantum of lentil marketed and availability of data. The secondary data was collected from the Agmarknet portal for the lentil crop while Minitab and R software were used for the analysis of the retrieved data. Various techniques like Seasonal Indices (SI), unit-root test, Johansen's cointegration test and Granger causality test were applied to find the results and conclusions of this study. Result: The results have stated that the prices of these ten wholesale and retail markets are highly integrated and most of the markets have a uni-directional relationship with each other. The wholesale and retail markets of Jaipur and Lucknow have little/no relationship with the other markets while they have a bidirectional relationship between their own wholesale and retail market prices indicating that they might be the markets where prices are discovered, as they are not found to be influenced by the other spatially separated markets.


2015 ◽  
Vol 3 (1) ◽  
pp. 15
Author(s):  
Lilian Mathilda Soukotta

The purpose of this research is to evaluate the efficiency of the marketing system regarding market structure, behavior and performance of the purse-seiner catch at Ambon city fish market.The data required for evaluation were collected from the owner of the purse seine and fish trader.The data then were analyzed by market integration and price transmission elasticity. In addition, analyses of the market structure and market behavior were utilized to describe the market performance that was significantly occurred in the fish market. Results show that (1) market integration occurred is imperfect integration or oligopsony; (2) market behavior is relatively varied, i.e., retailers tend to increase fish price if the market price is sharply increasing, but they are very slow in reducing the price if the fish price is decreasing; (3) for each market location, retailer is fewer than fish producer; no barriers for producer and retailer to entry and exit from the market; in general fresh fish marketed have high quality except for condition of the abundant catch where some fish are stored in the cool box for seiling at the next day.


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