Abstract
In this study, an attempt has been made to study the pattern of market arrivals and prices of Soybean in the Akola district of Maharashtra. The present study was based on the time series data of monthly prices and the arrival of Soybean collected from major APMC’S of Akola district for the period of 10 years i.e. from 2011 to 2020. The study was carried out by employing econometric tools like ADF test, Johansen’s Multiple Co-integration test, ARCH-GARCH model and Granger Causality test used to study price volatility and co-integration among selected markets. The study reveals that there is an inverse relationship between prices and the arrival of Soybean in the selected market of Akola district. The selected markets for Soybean have long-run equilibrium relationship for the prices of Soybean and there exist co-integration among them. The volatility shocks in the prices of Soybean is quite persistent in the selected markets.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Agricultural and Applied Sciences
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
