2023, Vol. 8, Special Issue 5, Part H
Market integration and price transmission in major tomato markets of MaharashtraAuthor(s):
AA Bhagat, BJ Shete, AM Tirmali and RD BansodAbstract:
The data on arrivals and prices of tomato were collected for five markets viz; Mumbai, Nagpur, Nashik, Pimpalgaon and Pune for the period of nine years (2011-2019). The present investigation has been undertaken to study the relationship between arrivals and prices of tomato, to assess the price volatility and co-integration of tomato among the selected markets in Maharashtra.
It revealed that the maximum variability of tomato in arrivals was noticed in Pimpalgaon market among the months as compared to Mumbai, Nagpur, Nashik and Pune. The maximum variability of tomato in prices was noticed in Pimpalgaon market among the months as compared to Mumbai, Nagpur, Nashik and Pune. The overall significant negative correlation between arrivals and prices of tomato in Nagpur market was noticed. The market pair Nagpur-Pimpalgaon have bidirectional causality and Mumbai-Nagpur, Mumbai-Nashik, Mumbai-Pimpalgaon, Mumbai-Pune, Nagpur-Nashik, Pune-Nagpur, Pimpalgaon- Nashik and Pune-Pimpalgaon have a unidirectional causality. It is concluded that very high price volatility of tomato present in Mumbai, Nagpur, and Nashik and Pimpalgaon markets. It should be minimized and needs to protect price security for farming community. Pages: 546-552 | Views: 61 | Downloads: 6Download Full Article: Click Here
How to cite this article:
AA Bhagat, BJ Shete, AM Tirmali, RD Bansod. Market integration and price transmission in major tomato markets of Maharashtra. Int J Stat Appl Math 2023;8(5S):546-552.