MARKET INTEGRATION FOR MAJOR AGRICULTURAL COMMODITIES IN KOLAR DISTRICT

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Date
2005
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UNIVERSITY OF AGRICULTURAL SCIENCES GKVK, DHARWAD
Abstract
"Markel integration concept explain the relationship between two markets that are spatially or temporally separated. One of the common mdicators of an efficient functioning of the markets is the existence of high degree of integration among them. Mixed trend was noticed in arrivals and prices of the all the commodities in all the markets. Majority of the markets shown increasing trend in arrivals and prices in the later periods. Arrivals of potato was maximum during September and November in Bangalore market whereas in other markets it Wcis during Februaiy and March. Prices of potato found highest during off season and lowest during harvest period. Arrivals of onion, ragi and groundnut found maximum during harvesting months. Groundnut prices remained unchanged irrespective of increase or decrease in the arrivals. Uneven cycles were found in all the markets for all the commodities. Negative association between arrivals and prices was found in ciU the commodities in the selected markets except Srinivaspur and Bangalore. Positive correlation was found in arrivals and prices of groundnut in Bangalore market and Srinivsapur market revealed that the arrivals and prices of ragi and onion responded in the same direction. Distributed lag results of potato prices revealed that the Chikkaballapur took less than a day to transfer the price signals from Bangalore market followed by Srinivasapur (3.48 days), Chintamani (13.03 days) and Kolar (16.18 days). In case of onion Chikkaballapur took 1.38 days followed by Chintamani (4.38 days), Kolar (7.45 days) and Srinivaspur (7,93 daj^s) to reflect the Bangalore onion prices. Kolar took 8.339 days to reflect Bangalore ragi prices and more number of days was observed in Srinivaspur market. In case of groundnut prices Kolar took less than 6 days and it was highest (16.01 days) in Srinivaspur market."
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