Follow
International Journal of Current Microbiology and Applied Sciences (IJCMAS)
IJCMAS is now DOI (CrossRef) registered Research Journal. The DOIs are assigned to all published IJCMAS Articles.
Index Copernicus ICI Journals Master List 2018 - IJCMAS--ICV 2018: 95.39 For more details click here
National Academy of Agricultural Sciences (NAAS) : NAAS Score: *5.38 (2020) [Effective from January 1, 2020]For more details click here

Login as a Reviewer

Indexed in



National Academy of Agricultural Sciences (NAAS)
NAAS Score: *5.38 (2019)
[Effective from January 1, 2019]
For more details click here

ICV 2018: 95.39
Index Copernicus ICI Journals Master List 2017 - IJCMAS--ICV 2018: 95.39
For more details click here

See Guidelines to Authors
Current Issues

Original Research Articles

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

Int.J.Curr.Microbiol.App.Sci.2019.8(12): 1583-1591
DOI: https://doi.org/10.20546/ijcmas.2019.812.190


Market Integration of Major Maize Markets in Telangana State
Bandi Srikanth*, K. V. Deshmukh and S. S. More
Department of Agricultural Economics, College of Agriculture, Vasantrao Naik Marthwada Krishi Vidyapeeth, Parbhani, Maharastra, India
*Corresponding author
Abstract:

Market integration of agricultural products gained importance in developing countries due to its potential application to develop the national economy. The analysis of prices and market arrivals over time is important to know the fluctuations in them and it also helps to formulate appropriate ways and means for reducing price fluctuations of agricultural commodities. The present study was carried out by employing the integration of maize among major markets different tests, namely, Augmented Dickey-Fuller (ADF) unit root test, Johansen co-integration test, Granger causality test and Vector error correction method were carried out. The selections of the markets were based on the maximum quantity of arrivals of maize among the markets of Telangana state. The results of the study confirmed that markets are having long run equilibrium relationship and major markets of maize in Telangana state are integrated. All the three maize markets are highly co-integrated may be because of better marketing infrastructure, existence of cooperatives, easy flow of market information. High magnitude of speed of error correction indicates that markets are efficient in transmitting price signals.


Keywords: Market integration, Augmented Dickey-Fuller, Co-integration, Vector error correction, Prices and arrivals
Download this article as Download

How to cite this article:

Bandi Srikanth, K. V. Deshmukh and More, S. S. 2019. Market Integration of Major Maize Markets in Telangana State.Int.J.Curr.Microbiol.App.Sci. 8(12): 1583-1591. doi: https://doi.org/10.20546/ijcmas.2019.812.190