Market integration in wholesale rice markets in India
Loading...
Date
Authors
Jha, Raghbendra
Murthy, K. V. Bhanu
Sharma, Anurag
Journal Title
Journal ISSN
Volume Title
Publisher
Crawford School of Public Policy, The Australian National University
Access Statement
Open Access
Abstract
This paper tests for market integration in 55 wholesale rice markets in India using monthly data over the period January 1970 - December 1999. The technique of Gonzalez-Rivera and Helfand (2001) is used to identify common factors across various markets. It is discovered that market integration is far from complete in India and a major reason for this is the excessive interference in rice markets by government agencies. As a result it is hard for scarcity conditions in isolated markets to be picked up by markets with abundance in supply. A number of policy implications are also considered.
Description
Keywords
Citation
Source
Australia South Asia Research Centre Working Papers
Book Title
Entity type
Publication
Access Statement
Open Access
License Rights
DOI
Restricted until
Downloads
File
Description