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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
This paper analyzes groundnut market integration in four regional markets located in Tamil Nadu (TAN), Karnataka (KAR), Andhra Pradesh (AP) and Gujarat (GUJ) of India using monthly wholesale prices of Groundnut. Unit root test indicated that the price series in each location are non -stationary at their levels, and stationary at their first differences. Co- integration results showed that the regional markets have price linkages, and thus are spatially integrated. Price transmission analysis revealed that bidirectional relationships exist within domestic markets which indicated the price transmission happening in short run adjustments and the presence of long run equilibrium existed among the groundnut markets in AP, TAN, GUJ and KAR.