Journal of Agricultural Development and Policy
  • Year: 2021
  • Volume: 31
  • Issue: 1

Assessment of co-movement of kinnow prices among the domestic markets in Punjab

  • Author:
  • Kuljeet Kaur1,*, Amit Guleria1, Sonali Katoch2
  • Total Page Count: 9
  • Page Number: 39 to 47

1Department of Economics and Sociology, Punjab Agricultural University, Ludhiana, Punjab, India

2Department of Agricultural Economics, Banaras Hindu University, Varanasi, Uttar Pradesh, India

*Corresponding author email: kuljeet-1947006@pau.edu

Online published on 21 June, 2022.

Abstract

The study attempts to analyse the weekly co-movement of kinnow prices among the domestic markets in Punjab from 2005–06 to 2019–20. The data set covers peak period of market arrivals of kinnow that is from October to March of each year. To meet the objectives, instability was measured by CDVI which was in different weeks for all selected markets. According to seasonality index, farmers received more than the average price between 11th and 16th weeks of the year 2005–06 to 2019–20. Correlation analysis showed that markets moved together and were well integrated. The price series in the selected markets were stationary and unrestricted. Co-integration test indicated that kinnow prices in the selected markets had long run relationship with each other. Abohar market was found to be the key market which influenced the price of the other selected markets.

Keywords

Domestic market, Kinnow, Stationarity, Instability, Integration