International Journal of Current Microbiology and Applied Sciences (IJCMAS)
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Original Research Articles                      Volume : 6, Issue:11, November, 2017

PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : /
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2017.6(11): 815-823

A Statistical Analysis on Instability and Seasonal Component in the Price Series of Major Domestic Groundnut Markets in India
A.S. Dudhat*, Pushpa Yadav and B. Venujayakanth
College of Agriculture, Junagadh Agricultural University, Amreli, Gujarat, India
*Corresponding author

The present study was carried out by using time series data of price from 1996 to 2016, to compare the price variation, to measure the price instability and price seasonality of major domestic groundnut markets of India i.e. Kurnool (Andhra Pradesh), Rajkot (Gujarat) and Villupuram (Tamil Nadu). Data were collected from Directorate of Economics and Statistics, Ministry of Agriculture, Govt. of India. The price variation had been compared by using descriptive statistics. Range and standard deviation indicated wide variation in the price level in all the market. The price instability and price seasonality based on trend model were measured. Estimates of fitted quadratic trend model for Krnool and Villupuram market and estimates of fitted linear trend model for Rajkot market were significant. Highest instability was observed for Rajkot market. Seasonal factors were observed highest in August, April and June for Kurnool and Rajkot market respectively. The farmers and policy makers can use this price signal for their future plan.

Keywords: Price variation, Instability, Seasonality, Price signals and Trend model.

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How to cite this article:

Dudhat, A.S., Pushpa Yadav and Venujayakanth, B. 2017. A Statistical Analysis on Instability and Seasonal Component in the Price Series of Major Domestic Groundnut Markets in India.Int.J.Curr.Microbiol.App.Sci. 6(11): 815-823. doi:
Copyright: This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike license.