Year: 2015 | Month: December | Volume 60 | Issue 4

Market Integration and Causality in Pear in India

M.H. Wani Ranjit Kumar Paul Naseer H Bazaz Arshad Bhat
DOI:10.5958/0976-4666.2015.00103.5

Abstract:

The current study focuses to explore the degree of market integration in William Bartlett variety of pear grown in Kashmir, commonly known as Bagughosha, through co-integration analysis on the wholesale weekly prices of its two commercial grades Bagughosha Super and Bagughosha Special, collected from two national fruit markets of India (Delhi and Mumbai), from August, 2005 to October, 2013. The results reveal that Pear markets were co integrated and competitive. A disequilibrium ranging from 16.47 to 50.33% among the selected grades of the fruit was observed.VAR and VECM models were used to study the behaviour of market prices, which revealed that Delhi market turned most dominating market for higher prices of the selected variety and grades.





© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Print This Article Email This Article to Your Friend

Economic Affairs, Quarterly Journal of Economics| In Association with AESSRA

26841885 - Visitors since February 20, 2019