Journal ID : AMA-07-07-2022-11521
[This article belongs to Volume - 53, Issue - 07]
Total View : 475

Title : Indian Potato Markets Linkage and Impulse Response of Price Shocks

Abstract :

Potato is the most cultivated vegetable accounting for 27 per cent of the total production of vegetables in the country. Production of potato in the country during 2019-20 is estimated around 20.73 lakhs ha and 519.47 Lakh Tonnes. It is always quoted that potato suffers from a significant price volatility across spatial and temporal dimensions. This paper objectively examines the potato price shocks transmission and time to adjust the shocks from other markets. The analysis is based on time series monthly data on prices of potato for four major markets viz. Agra, Allahabad, Farrukhabad and Kanpur of Uttar Pradesh. Vector autoregression (VAR) and VAR impulse response analysis was employed to examine the potato price shock response between the markets. The study revealed that when the shock is given to any market, the responses of all other markets disappear between 6 to 10 months. Agra market emerged as a prominent market which influences the price of potato in other markets.

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