Indian Journal of Economics and Development

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Price Volatility in Major Chilli Markets of India


Affiliations
1 Dept. of Agricultural Economics, S.V. Agricultural College, ANGRAU, Tirupati-517502, Andhra Pradesh, India
2 National Agricultural Innovation Project, Dept. of Agricultural Economics, S.V. Agricultural College, ANGRAU, Tirupati-517 502, Andhra Pradesh, India
 

Background/Objectives: Chilli arrivals from all over the country reach the market from mid October to end of May. The arrival pattern influences the price behaviour. The study aims at examining the price volatility of chill in major markets of India.

Methods/Statistical analysis: Based on the quantum of arrivals in various markets in the country, from markets viz., Guntur, khammam, virudnagar and Nagpur were purposively chosen. The secondary data on monthly modal prices (Rs/Qtl) were emanated from the records maintained by the respective market committees.

Findings: chilli prices in Guntur market for the period from 1997 to 2011 has indicated wide variations with prices ranging from Rs 1000 in 1997 to Rs 8800 February, 2011. The coefficient of variation of the prices was 32.4 per cent in virudnagar market. The price behaviour of selected crop in Nagpur compared to Guntur and virudnagar presented on altogether new dimension till 2000 commencing from 1997. Chilli prices in all the markets indicated persistent fluctuations over a period of time and these were maximum in Nagpur market.

Application/Improvements: Chilli prices in all the markets had persistent fluctuations over a period of time and it was maximum in Nagpur market.


Keywords

ARCH, Chilli, GARCH, Price movement, Volatility.
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  • Price Volatility in Major Chilli Markets of India

Abstract Views: 328  |  PDF Views: 372

Authors

I. Bhavani Devi
Dept. of Agricultural Economics, S.V. Agricultural College, ANGRAU, Tirupati-517502, Andhra Pradesh, India
M. Srikala
Dept. of Agricultural Economics, S.V. Agricultural College, ANGRAU, Tirupati-517502, Andhra Pradesh, India
T. Ananda
National Agricultural Innovation Project, Dept. of Agricultural Economics, S.V. Agricultural College, ANGRAU, Tirupati-517 502, Andhra Pradesh, India

Abstract


Background/Objectives: Chilli arrivals from all over the country reach the market from mid October to end of May. The arrival pattern influences the price behaviour. The study aims at examining the price volatility of chill in major markets of India.

Methods/Statistical analysis: Based on the quantum of arrivals in various markets in the country, from markets viz., Guntur, khammam, virudnagar and Nagpur were purposively chosen. The secondary data on monthly modal prices (Rs/Qtl) were emanated from the records maintained by the respective market committees.

Findings: chilli prices in Guntur market for the period from 1997 to 2011 has indicated wide variations with prices ranging from Rs 1000 in 1997 to Rs 8800 February, 2011. The coefficient of variation of the prices was 32.4 per cent in virudnagar market. The price behaviour of selected crop in Nagpur compared to Guntur and virudnagar presented on altogether new dimension till 2000 commencing from 1997. Chilli prices in all the markets indicated persistent fluctuations over a period of time and these were maximum in Nagpur market.

Application/Improvements: Chilli prices in all the markets had persistent fluctuations over a period of time and it was maximum in Nagpur market.


Keywords


ARCH, Chilli, GARCH, Price movement, Volatility.

References