Price Convergence of Cotton Before and After e-National Agriculture Market : 24182
Price: ₹ 1000
https://doi.org/10.35716/IJED-24182
Author: Soumya P., S. Rajeswari, P.L.R.J. Praveena and N. Vani
Author Address: S.V. Agricultural College, ANGRAU
Abstract
In the present investigation, an attempt was made
to study the price convergence of cotton in selected markets before and after the
integration of markets through e-NAM. The study period was divided into two phases: the Before-e-NAM
phase, which spanned from January 2012 to December 2016, and the After-e-NAM
phase, which extended from January 2017 to December 2021. Johansen integration, Granger causality and VECM were the tools used
for analysis purposes. The results revealed that the prominence of the Adoni
market declined after the e-NAM period, compared with before it. This decline may
be due to farmers' preference for selling cotton to processing industries or
village traders. The Government should take steps to reduce the costs borne by
cotton farmers in the market, thereby helping them to achieve better price
realisation.
Keywords: Agricultural
markets, agricultural policy, causality, market integration, price dynamics.
Description
Indian Journal of Economics and Development
https://doi.org/10.35716/IJED-24182
Impact Factor: 0.2 (2025)
NAAS Score: 6.30 (2025)
Indexed in Scopus (SJR = 0.15)