Market integration in wholesale rice markets in India
Jha, Raghbendra; Murthy, KV Bhanu; Sharma, Anurag
Description
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...[Show more]
Collections | ANU Research Publications |
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Date published: | 2005 |
Type: | Working/Technical Paper |
URI: | http://hdl.handle.net/1885/43033 http://digitalcollections.anu.edu.au/handle/1885/43033 |
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File | Description | Size | Format | Image |
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WP2005_03.pdf | 1.14 MB | Adobe PDF | ![]() |
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