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Market integration of gram in Pakistan  [2010]

Hussain, B. (PMAS Arid Agriculture Univ., Rawalpindi (Pakistan)) Ashfaq, M. (University of Agriculture, Faisalabad (Pakistan)) Abbas, M. (PARC Transfer Technology Inst., Faisalabad (Pakistan)) Mahmood, K. (Pakistan Agricultural Research Council, Islamabad (Pakistan)) et al.

استعراض النص الكامل

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ملخص
Regional market integration in many agricultural commodities has been extensively studied for the insight, it provides in to the functioning of such markets; such studies provide valuable information about the dynamics of market adjustment, and whether there exist market imperfection, which may justify government intervention. This study used the monthly wholesale price (Rs. / 40 kg) data from January 1991 to December 2006 of gram, in logarithmic form and empirically estimated the degree of integration in gram markets of Pakistan using co-integration analysis. Co-integration results show that all gram markets are highly co-integrated in the long run. The high degree of market integration observed in this case is consistent with the view that Pakistan's gram markets are quite competitive and provide little justification for extensive and costly government intervention designed to improve competitiveness to enhance market efficiency.
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مواضيع أخرى

  • marketing
  • markets
  • chickpeas
  • market prices
  • pakistan
  • statistical methods

المجلة

Pakistan Journal of Agricultural Research (Pakistan)

الرقم التسلسلي المعياري الدولي (ردمد) : 0251-0480

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Other information

النوع : Journal Article

In AGRIS since : 2010

Volume : 23

Issue : 1-2

Start Page : 78

End Page : 82

All titles :

" Market integration of gram in Pakistan "