Sources Of Market Information Research Articles

Production and Marketing Constraints Faced by the Chinese Onion (Allium chinense) Growers in Nagaland

The present study was conducted to examine the in-depth information of the socio-economic and constraints faced by the respondents during the production and marketing of Chinese onion in the concerned place of study. The data were collected through personal interview schedule by the researcher by adopting the purposive simple random technique from one district and two blocks were purposely selected and three villages from each block were selected by random method, which has make a total of 90 respondents selected from the six numbers of selected villages. The study revealed that majority of the farmers (62.00%) belonged to the middle age group (40 to 61 years). The study revealed that majority of the respondents had small sized field (0.008 to 0.024 ha). Among the various constraints in technology adoption to production, problems due to pest and diseases, lack of irrigation facility, lack of proper market, were the major challenges. Lack of all weather roads, no support prices and no reliable sources of distant market information were the major constraint faced in the marketing of Chinese onion.

USE OF SOCIAL MEDIA AS A SOURCE OF MARKET INFORMATION BY THE FARMERS

The study titled "Use of Social Media as a Source of Market Information by Farmers" was conducted in the Marathwada region of Jalna district of Maharashtra state, specifically in Badnapur, Bhokardan, and Mantha. From each taluka, three villages were selected, and from each village, 15 respondents were chosen, making a total of 135 respondents for the study. The research design used for the study was exploratory, and the data was collected through personal interviews with the help of a structured interview schedule. The data was tabulated, analysed, and interpreted. The findings revealed that majority (91.85%) of respondents possess WhatsApp, (65.18%) of respondents possess YouTube, (57.77%) use Facebook, (48.14%) have Kisan Suvidha App and (14.81%) have Telegram. The respondents were distributed according to the constraints faced by them and the suggestions they had for market information. More farmers must be encouraged to use social media in order to fully realize the potential of this tool for agricultural extension. Relevant agencies must also support this effort by offering social media policy the promotion and staff training.

Let the Laser Beam Connect the Dots: Forecasting and Narrating Stock Market Volatility

Forecasting market volatility, especially high-volatility incidents, is a critical issue in financial market research and practice. Business news as an important source of market information is often exploited by artificial intelligence–based volatility forecasting models. Computationally, deep learning architectures, such as recurrent neural networks, on extremely long input sequences remain infeasible because of time complexity and memory limitations. Meanwhile, understanding the inner workings of deep neural networks is challenging because of the largely black box nature of large neural networks. In this work, we address the first challenge by proposing a long- and short-term memory retrieval (LASER) architecture with flexible memory and horizon configurations to forecast market volatility. Then, we tackle the interpretability issue by devising a BEAM algorithm that leverages a large pretrained language model (GPT-2). It generates human-readable narratives verbalizing the evidence leading to the model prediction. Experiments on a Wall Street Journal news data set demonstrate the superior performance of our proposed LASER-BEAM pipeline in predicting high-volatility market scenarios and generating high-quality narratives compared with existing methods in the literature. History: Accepted by Ram Ramesh, Area Editor for Date Science & Machine Learning. Supplemental Material: The software that supports the findings of this study is available within the paper and its Supplemental Information ( https://pubsonline.informs.org/doi/suppl/10.1287/ijoc.2022.0055 ) as well as from the IJOC GitHub software repository ( https://github.com/INFORMSJoC/2022.0055 ). The complete IJOC Software and Data Repository is available at https://informsjoc.github.io/ .

Development strategy of candlenut oil business toward a new paradigm for the utilization of non-timber forest products

In an effort to realize productive and sustainable forest management in a unified and comprehensive forestry development unit so that the economic (Sustainable Production), social (Sustainable Social and economic) and environmental (Ecological Sustainable) benefits for all parties based on the identification of the potential superiority of regional commodities, Forest Management Unit (KPH) has compiled a business development plan to improve the economic community in and around the forest, through the development of various productive businesses utilizing timber and non-timber forest products (NTFPs). Therefore, it is necessary to develop a business strategy to overcome the weaknesses and threats by utilizing internal and external strengths and opportunities in efforts to develop sustainable rural agro-industry. The study was conducted at a pilot location of the KPH Kulawi candlenut oil processing business, Central Sulawesi Province. Communication and observation techniques were carried out using a questionnaire through individual interviews and group interviews. While the business development strategy is carried out through focus group discussions (FGDs) involving stakeholders, namely the KPH, raw material producing farmers, processing farmers, target village governments, local governments, the business world and academics with a total of 15 respondents. Based on the SWOT Matrix, The choice of strategies that can be applied are resource optimization, increasing product quality at competitive prices, increasing managerial skills and HR skills and efficiency in production costs. While policies that can support business development include easy access to capital, facilitating export bureaucracy mechanisms and the existence of business associations as a source of market and price information.

Are common bean traders efficient? An empirical evidence from Malawi

Efficient agricultural markets can be a bedrock for diverse economy-wide benefits ranging from improvements in resource use to price stabilisation. However, as is the case with most developing and agrarian countries, Malawi's agricultural markets are still developing. This is mainly the case in the country's legume markets, especially the bean marketing system. The current study assessed the market efficiency of common bean traders in Malawi using a multiple linear regression model. By focusing on the bean traders in the major markets in Malawi, the study departs from earlier research on bean marketing, which has placed greater emphasis on the farmer. The findings reveal that traders in bean markets mostly use informal sources of market information. Again, transaction costs such as transportation, storage, handling and distance to sources of bean reduce marketing efficiency. The scale of the operation portrayed a positive influence on marketing efficiency. Access to credit significantly increased marketing efficiency for both wholesalers and retailers. In addition, markets that are located in rural areas had a negative effect on marketing efficiency as compared to markets in urban areas, further agreeing with the focus of the National Agriculture Policy (NAP) to introduce structured markets in rural areas. The study recommends adjustments in policies in the NAP that would promote smooth access to reliable market information, especially in rural areas. The upgrading of the rural road system and warehousing facilities should be promoted in order to lower transaction costs. This will enable bean traders to expand their operations on a larger scale while also lowering expenses and increasing profits.

Mikroba Kontaminan Pada Biji Pala di Pulau Nusalaut: Karakteristik Morfologi, Frekuensi Keberadaan dan Estimasi Kuantitatif

Research objectives: 1) Identify internal factors (strengths-weaknesses) and external (opportunities-threats) that affect the home marketing mix of coconut sugar industry in Jeruklegi District. 2) Analyzing alternative marketing mix strategies for the coconut sugar home industry in Jeruklegi District. 3) Analyzing the best marketing mix strategies that are priorities to be applied to the coconut sugar home industry in Jeruklegi District. The method used is a descriptive method with the research location in Jeruklegi District which was determined intentionally (Purposive Sampling) with certain selection considerations. Involving 25 respondents of coconut sugar craftsmen. The formulation of the home marketing mix strategy for the coconut sugar industry was analyzed by SWOT (Strengths, Weaknesses, Opportunities, Threats). (Rangkuti, 2006). The results showed that internal factors were the availability of coconut trees, coconut sugar production activities were carried out continuously, the location of the coconut sugar processing business was quite strategic, the price of coconut sugar products was able to compete, the availability of experienced workers in the coconut sugar processing business, ownership of business capital. craftsmen independently, limited number of coconut trees, product quality does not yet have uniformity (taste, color and shape), lack of marketing information sources, level of production and packaging technology is still traditional, limited working capital of craftsmen, craftsmen have not done bookkeeping management and there is no group / cooperative. The position of the coconut sugar home industry in the Jeruklegi District, Cilacap Regency is in the Aggressive Region with the main strategy being the SO strategy, namely 1) Optimizing geographical conditions that support the agroclimate of natural resources and human resources of craftsmen in producing coconut sugar products continuously with competitive prices for coconut sugar products, 2) Optimizing production activities continuously in order to capture high market share opportunities both domestically and internationally with competitive prices as substitute products through partnership relationships between coconut sugar producers.

Nowcasting the Australian Labour Market at Disaggregated Levels

AbstractDetailed labour market and economic data are often released infrequently and with considerable time lags between collection and release, making it difficult for policy‐makers to accurately assess current conditions. Nowcasting is an emerging technique in the field of economics that seeks to address this gap by ‘predicting the present’. While nowcasting has primarily been used to derive timely estimates of economy‐wide indicators such as GDP and unemployment, this article extends this literature to show how big data and machine‐learning techniques can be utilised to produce nowcasting estimates at detailed disaggregated levels. A range of traditional and real‐time data sources were used to produce, for the first time, a useful and timely indicator—or nowcast—of employment by region and occupation. The resulting Nowcast of Employment by Region and Occupation (NERO) will complement existing sources of labour market information and improve Australia's capacity to understand labour market trends in a more timely and detailed manner.

Effect of social media rumors on stock market volatility: A case of data mining in China

The Stock Market is a typical complex network composed of investors, stocks, and market information. The abnormal fluctuation of the Stock Market has a strong effect on the economy of a country and even that of the world. Fueled by the herd effect of the increasingly abundant social media, Internet rumors, as an important source of market information and an exogenous financial risk, can lead to the collapse of investor confidence and the further propagation of financial risks, which can damage the financial system and even lead to social unrest. With additional availability of computing techniques, we attempt to uncover the media information effects in the stock market and seek to provide researchers with 1) a theoretical reference for a comprehensive understanding of such a complex network, 2) accurate prediction of future data, and 3) design of efficient and reliable risk intervention models. Based on the data of China’s Stock Market, this study uses machine learning to investigate social media rumors to reveal the interplay of social media rumors and stock market volatility. In this work, we find patterns from social media rumors from financial forums using machine learning, quantify social media rumors based on statistics, and analyze the mechanism of propagation and influence of social media rumors on stock market volatility using econometric models. The empirical results show that rumors play an important information transmission effect on stock market volatility and the constructed Internet Financial Forum Rumor Index is helpful to sense the potential impact of rumors, i.e., a significant lagged negative effect. These findings are of guidance for the optimization of the information environment, and can serve to promote the healthy and stable development of the stock market.

Assessment of Factors that Affect Market Orientation of Cassava Farmers in Osun State, Nigeria

The study examined market orientation and market information sources for cassava farmers in Osun State, Nigeria. Multi-stage sampling procedure was used to select one hundred and twenty (120) respondents. With the use of structured questionnaire, data were collected on socioeconomic characteristics, sources of market information, specific market information available to cassava farmers, market orientation and entrepreneurial competence. Descriptive statistical tools (frequency counts, percentages, mean) and inferential statistical tool [Pearson’s Product Moment Correlation (PPMC)] were used for data analysis. Results revealed that majority (73.3%) were male with mean age of 46.48 years, and 73.3% had formal education. Most (62.5%) of the farmers had high market orientation and most sought information was on post-harvest technologies. However, the cassava farmers used less of marketing websites (17.5%), extension services (27.5%), email (29.2) and social media (35.8%) as sources of market information, and sought less of agricultural extension service information (34.2%). The study concluded that selected socio-economic characteristics and entrepreneurial competences were insignificant toward market orientation in cassava production. The study recommended that market orientation efforts should be geared toward cassava producers regardless of socio-economic status and entrepreneurial competence. Also, cassava farmers association should be willing to collaborate with extension services to build Market Information System that will be suitable to fill their specific needs at becoming market-oriented in cassava production.

Marketing Behaviour of Turmeric Farmers in Kadapa District of Andhra Pradesh

The present study was carried out purposively in Kadapa district of Andhra Pradesh during the year 2020-21 as it is having the maximum area under turmeric cultivation. The main objective of the study was to analyze the marketing behavior of turmeric farmers. The study followed Ex post facto research design. The purposive sampling technique was administered and two mandals namely Mydukur and Duvvur were selected on the basis of maximum area under the turmeric cultivation and data were collected from a randomly drawn sample of 90 respondents by personal interview method through structured interview schedule. The results of the study revealed that 66.67 per cent of the turmeric farmers had medium marketing behaviour followed by high (17.77%) and low (15.56%) levels of marketing behaviour with medium planning orientation (62.22%), medium production orientation (73.33%), medium marketing orientation (73.33%), medium market information sources utilization (61.11%), medium decision-making ability (72.22%), medium risk-taking ability (63.33%) and medium innovativeness (67.78%).

Strategi Marketing Mix Home Industry Pengrajin Gula Kelapa Sebagai Pengembangan Produk Lokal di Kecamatan Jeruklegi

Research objectives: 1) Identify internal factors (strengths-weaknesses) and external (opportunities-threats) that affect the home marketing mix of coconut sugar industry in Jeruklegi District. 2) Analyzing alternative marketing mix strategies for the coconut sugar home industry in Jeruklegi District. 3) Analyzing the best marketing mix strategies that are priorities to be applied to the coconut sugar home industry in Jeruklegi District. The method used is a descriptive method with the research location in Jeruklegi District which was determined intentionally (Purposive Sampling) with certain selection considerations. Involving 25 respondents of coconut sugar craftsmen. The formulation of the home marketing mix strategy for the coconut sugar industry was analyzed by SWOT (Strengths, Weaknesses, Opportunities, Threats). (Rangkuti, 2006). The results showed that internal factors were the availability of coconut trees, coconut sugar production activities were carried out continuously, the location of the coconut sugar processing business was quite strategic, the price of coconut sugar products was able to compete, the availability of experienced workers in the coconut sugar processing business, ownership of business capital. craftsmen independently, limited number of coconut trees, product quality does not yet have uniformity (taste, color and shape), lack of marketing information sources, level of production and packaging technology is still traditional, limited working capital of craftsmen, craftsmen have not done bookkeeping management and there is no group / cooperative. The position of the coconut sugar home industry in the Jeruklegi District, Cilacap Regency is in the Aggressive Region with the main strategy being the SO strategy, namely 1) Optimizing geographical conditions that support the agroclimate of natural resources and human resources of craftsmen in producing coconut sugar products continuously with competitive prices for coconut sugar products, 2) Optimizing production activities continuously in order to capture high market share opportunities both domestically and internationally with competitive prices as substitute products through partnership relationships between coconut sugar producers.

Relationship between Profile and Marketing Behaviour of Turmeric Farmers in Kadapa District of Andhra Pradesh

The present study was conducted at Kadapa district of Andhra Pradesh with the objectives to find out the relationship between the turmeric farmers’ profile and their marketing behaviour. Ex post facto research design was used for the study. Two mandals of Kadapa district namely Mydukur and Duvvur were purposively selected based on the highest area under turmeric cultivation and data was collected from a randomly drawn sample of 90 respondents by a structured questionnaire administered personally as per schedules. The correlation results of the study revealed that the independent variables viz., age, farming experience, education, material possession, extension contact, training received, achievement motivation and social interaction had positive and statistically significant relationship with the marketing behaviour of the turmeric farmers. Whereas, area under turmeric cultivation and economic status had non-significant relationship with the marketing behaviour of the turmeric farmers. Multiple Linear Regression analysis revealed that all the selected 10 independent variables put together explained about 79.10 per cent variation in the marketing behaviour of turmeric farmers. The analysis of turmeric farmers’ profile indicated that majority of them were middle aged, with less than 2.5 acres of area under turmeric cultivation with medium farming experience, high school level of education, medium economic status, extension contact, training received, achievement motivation and social interaction and they also had medium level of marketing behaviour due to medium levels of planning orientation, production orientation, marketing orientation, market information sources utilization, decision making ability, risk taking ability and innovativeness.

University libraries as open innovation partners: Harnessing hidden potential to foster global entrepreneurship

Universities and their libraries are well-positioned to provide a rich source of market information that can help resource-constrained start-ups to globalise their business operations. As one of the more important elements of the innovation ecosystem, knowledge-sharing can help start-ups to make data-driven, strategic decisions, rather than basing forward momentum on unreliable intuition. This column highlights the author's experience with a consultancy project that featured a university's library's support of entrepreneurial globalisation, the various implications for both start-ups as well as entrepreneurs, and lessons learned that could become the norm for more open innovation and collaboration between libraries, entrepreneurs, and their start-ups.

Accounting for Sources of Information in Trade Fairs: Evidence from Portuguese Exhibitors

Trade fairs are important sources of information for decision making in marketing management. Currently, trade fairs are places where participants share useful data and information, while creating relationships between customers (visitors) and suppliers (exhibitors). However, only a limited number of studies have focused on the identification of the sources of information that exhibitors can provide for marketing managers at trade fairs. This study examines the importance of the different types of information resources that can be delivered by exhibitors to managers in order to transfer information about product and market trends. Based on the data from a survey of 172 Portuguese executives from different industries, the theoretical hypotheses are tested, using CFA (Confirmatory Factor Analysis). Consistent with our hypotheses, the results show that Direct Marketing techniques, such as face-to-face contacts and product/service demonstrations, are often used by exhibitors. Information in digital formats and demonstration in digital equipment (Digital Marketing) are also used in trade fairs to display information to potential customers. Additionally, the organization of parallel events (Event Marketing) during a trade fair supplements the package of activities developed by exhibitors to transmit and capture information for their companies. These results provide certain support for the importance of trade fairs in view of being a rich source of market information about not only new technological developments of products, but also major strengths and weaknesses of competitors, and future market trends, among other types of information needed for the marketing planning.

Factors influencing farmers’ utilisation of marketing information sources: some empirical evidence from Pakistan

ABSTRACT This study empirically investigates the factors influencing Pakistani cotton farmers’ utilisation of marketing information sources. Data were collected by face-to-face, interviewing 399 cotton farmers. Factors and variations of the utilisation of marketing information sources were analysed using multivariate probit, chi-square, and descriptive statistics. The results revealed significant variations among farmers in the utilisation of mobile phones, internet, television, radio, newspapers, extension services, market commission agents, and fellow farmers. The findings highlighted the usage of several combinations of ICT, traditional media, extension services, and farmers’ social relations. Furthermore, key socio-economic and institutional factors influencing marketing information utilisation were discussed.

Small-scale agricultural product marketing innovation through BUMDes and MSMEs empowerment in coastal areas

A region’s economic growth depends on the development policies based on the wealth determined from the potential of human, institutional and local resources. Furthermore, tThe development needs to link primary sectors with future processing to increase agricultural products’ added value and marketing competitiveness. This study develops an innovative marketing model in agricultural products for small-scale farmers through village-owned enterprises (BUMDes) and micro, small, and medium enterprises (MSMEs) empowerment in coastal areas. One way of realizing this program is by building agribusiness and agro-industry partnerships that are well-planned and associated with other economic sectors' development. The partnership involves community economic institutions, including BUMDes, credit institutions, farmer entrepreneurs, as well as Micro, Small, and Medium Enterprises. BUMDes is a rural-based business with a legal entity managed by the village government to create added value for the community’s agricultural products. Together with MSMEs, these businesses need to support the agribusiness subsystem's development, including trading in agricultural production facilities and business activities. Furthermore, they need to promote agricultural production, support services, a source of market information for rural communities, the main actors of appropriate technology for agricultural products.

Market Contribution of Indigenous Poultry Farmer at Household Level

This study was broadly designed to analyze indigenous poultry market participation in Eravurpattu DS division in Batticaloa district. The study was mainly based on primary data obtained from a sample survey in four G.N Divisions in Eravurpattu DS Division. The simple random sampling technique was used to draw the sample and data were collected through pretested questionnaires. In addition to that, secondary data were also used. Data were analyzed using a statistical software, and descriptive statistics, frequencies and regression were done. Aspects of socioeconomic features of farmers, management practices, productivity of animals and socio economic determinants of poultry market participation decision were studied. Most of the indigenous chicken owners were females and practiced indigenous chicken farming as a part time work. Main purpose of Indigenous chicken rearing was both egg and meat production for 91% of farmers. It was found that high loss of birds due to improper housing/predation and disease attack were the major problems faced by chicken farmers. There is no organized marketing for indigenous chickens and eggs. However, middlemen, households and village shops were involved in the marketing activities. The main marketing channel was producer to consumer (75%) through households. The regression results showed that households' decision to participate in the poultry market was significantly (p<0.05) affected by sex of household head, bicycle ownership, market accessibility and source of market information. Further the results suggest that, establishment of effective market information service will enhance the sales of indigenous chicken farmers.

The Effects of Using Internet-Based Export Marketing Information Sources on Export Market Growth Capability

Purpose – Using internet-based sources in obtaining information in export markets is prevalently preferred as it provides fast access and cost advantages. In this study, firstly all internet-based export marketing information sources were explained conceptually. Then (i) the effects of usage of internet-based export market information sources on obtaining new market knowledge and (ii) the effects of obtaining new market knowledge on export market growth capability were empirically investigated. Design/methodology/approach – Hypotheses were tested with the data collected from 174 exporting firms by means of a structured questionnaire. The data were analyzed by using the SmartPLS 2.0 software. Findings – The findings revealed that usage of internet-based export marketing information sources in obtaining information in international markets has a positive effect on obtaining new market knowledge. The results also showed that obtaining new market knowledge has a positive effect on growth capability in the export market. Discussion – As far as the previous literature is concerned, there is no empirical study in the literature which showed the internet-based sources of data on export markets as a whole and examined the effects of these factors on new market knowledge and export market growth capability. This study contributes to the literature by filling this gap. In this study, it was determined that using internet-based information sources for obtaining export market information has an effect on obtaining new market knowledge. Additionally, it was found that using internet-based export market information sources positively influence export market growth capability.

Determinants of Smallholder Maize Farmers’ Choice of Selling Point: A Case of Kwanza District, Trans-Nzoia County, Kenya

Commercialization of the smallholder maize sector in Kenya necessitates improving the ability of farmers to efficiently participate in both the formal and informal maize markets. Smallholder maize farmers of Kwanza district, Trans Nzoia County, however, have limited access to formal maize markets. This limits their competitiveness in the market hence a reduction in their returns. This study was aimed at assessing the factors that influence smallholder maize farmers’ participation in formal maize markets in the region. Multistage sampling technique was used to select 196 smallholder maize farmers from the region. Primary data was collected using semi-structured questionnaires and the Probit model used to assess the factors influencing smallholder choice of selling point. Age of household head, household size and source of market information negatively influenced the probability of the farmers selling through formal maize markets. Education level, access to credit, sorting produce, tarpaulin ownership and output price however positively influenced the probability of selling through the formal maize markets. The study recommends policies that ensure the availability and access of appropriate market information. Farmers could also be assisted in the acquisition of tarpaulin used for drying maize and other necessary infrastructure to avoid losses due to the poor post-harvest handling of their output. This will greatly help in commercialising the smallholder maize sector in the region. Keywords : Formal maize markets, Informal maize markets, Market participation, Transaction costs DOI: 10.7176/JESD/11-10-17 Publication date: May 31 st 2020

Re-Exploring Fair Value Accounting and Value Relevance: An Examination of Underlying Securities

Focusing on closed-end investment funds, this paper examines whether the value relevance attached to the fair value estimates is influenced by the type of investment being held. Our premise is that the fair values of different investment types rely on different valuation models and imply different underlying risks. Using hand-collected U.S. closed-end funds data from 2009 to 2011, our results show that the value relevance attached to fair value hierarchy levels’ assets (i.e., Level 1, Level 2 or Level 3) reflects both the source of market information for fair value estimates (i.e. market prices, market inputs and model-based) but also the underlying type of investment being valued (e.g., government bonds, equities, corporate bonds, etc.). Within the same fair value category, we show that different types of investments have their own distinct value relevance that is significantly different from that of other types of investments within the same category. Moreover, within the same type of investment, we also show that the value relevance varies across the three fair value category levels. Our results further show that auditing in general only significantly impacts the value relevance of equities in Level 1, Level 2 and Level 3 and corporate bonds in Level 3.