A Statistical Measurement Into the Changes in Cardamom Production and Export in India
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Date
2017-06
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University of Agricultural Science, Dharwad
Abstract
The study was to know the behaviour of the cardamom production, export, shift in cardamom export and factors affecting to the export of cardamom. Secondary data was used for the present research. Compound annual growth rate, instability index, coppock’s instability index, correlation analysis, simple linear regression, markov chain analysis were used in the study. The growth performance of cardamom production and productivity was found to be highly significant over the period. The instability of cardamom production and productivity was low and were showing stable growth. The overall growth rate of cardamom export was found to be significant and there was high instability. Coppock’s instability index was calculated for two sub periods separately and India as whole. The results revealed that production and productivity of cardamom in both the periods was found to be stable and also for overall study period the instability was highly stable. Simple linear regression indicated that, all the variables i.e., production, consumption, domestic price and export price were positively contributing to the export of cardamom. Among them production and export price were highly significant. Structural change of cardamom export from India was examined by estimating the transitional probability matrix using markov chain. The major countries selected were Saudi Arabia, Japan, Kuwait, UAE, USA and remaining countries were considered under ‘Others’ category. The results showed that Kuwait was the most stable market among the major importers of Indian cardamom followed by Saudi Arabia (66.53 %), USA (46.42 %), Others (41.24 %), UAE (30.28 %) and Japan (02.24 %).