Agricultural Market Integration in India

Agricultural Market Integration in India
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Volume/Issue: Volume 2020 Issue 115
Publication date: July 2020
ISBN: 9781513549163
$18.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Agribusiness , WP , market integration , market , markup , cross-market markup , markups vis-à-vis , cross-market dispersion , price integration , cross-market trade , price dispersion , cross-region price discrepancy , Agricultural commodities , Infrastructure , Agricultural sector , Transportation , Global , Price transmission , India

Also of interest
August 2009 Working Papers
April 2010
March 2010
January 2010
Summary

We assess the degree of cross-market price discrepancy (a proxy for market integration), its evolution over time, and proximate determinants, using monthly price data for 21 agricultural goods and 60 markets in India. Econometric analysis shows that cross-market price integration is positively associated with the level of transportation infrastructure, and distance between market pairs. There is no robust evidence that price integration has increased in recent years, suggesting that any positive effects of recent policy initiatives are either small, outweighed by the identified determinants of integration, or yet to come.

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