An analytical study of market integration hypothesis for natural rubber cultivation of Kerala
MetadataShow full item record
A link to the publisher's website is available at: http://www.iupindia.org/default.asp
A link to the Journal website is available at: http://ideas.repec.org/s/icf/icfjag.html
An Analytical Study for Market Integration Hypothesis for Natural Rubber Cultivation of KeralaAbstract:The purpose of this article is to analyse the market integration and causal nexus between two market prices of rubber in Kerala Economy during the period of pre and post reform. Augmented Dickey Fuller (ADF) test is used ascertains that the variables are exact order of integration. Cointegration technique used to examine the validity of the market integration hypothesis with reference to prices of rubber in Kerala. After cointegration test, Error Correction Model (ECM) used to identify the that market prices of peripheral price on main market price and vice versa. The analysis shows that a strong evidence of an existence of market integration in Rubber price during the post reform period. More over, the price changes of rubber will be transmitted from peripheral to main market and vice versa during the reform period.
Showing items related by title, author, creator and subject.
Pojanavatee, Sasipa (2013)Mutual funds are emerging as an opportunity for investors to automatically diversify their investments in such a way that all their money is pooled and the investment decisions are left to a professional manager. There ...
Ng, Wendy; Lam, H.; Yusup, S. (2012)The supply network design and the utilization of rubber seed oil (RSO) in Malaysia are presented. Rubber plantation covers ~ 20% or 1.02 million ha of commercial plantation area in Malaysia. At average, 1 ha of land yields ...
Kim, Yoochan ; Ghosh, Apurna ; Topal, Erkan ; Chang, Ping (2022)Understanding the interdependency of commodity market pricing system is very important for running a successful mining business. Much of the iron ore price is derived from the prices of other commodities. This study ...