An analytical study of market integration hypothesis for natural rubber cultivation of Kerala
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 Fu...
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| Format: | Journal Article |
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The Icfai University Press
2008
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| Online Access: | http://hdl.handle.net/20.500.11937/11172 |
| _version_ | 1848747734468657152 |
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| author | Philip, Abey |
| author_facet | Philip, Abey |
| author_sort | Philip, Abey |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T06:53:51Z |
| format | Journal Article |
| id | curtin-20.500.11937-11172 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:53:51Z |
| publishDate | 2008 |
| publisher | The Icfai University Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-111722018-12-14T00:48:21Z An analytical study of market integration hypothesis for natural rubber cultivation of Kerala Philip, Abey 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. 2008 Journal Article http://hdl.handle.net/20.500.11937/11172 The Icfai University Press fulltext |
| spellingShingle | Philip, Abey An analytical study of market integration hypothesis for natural rubber cultivation of Kerala |
| title | An analytical study of market integration hypothesis for natural rubber cultivation of Kerala |
| title_full | An analytical study of market integration hypothesis for natural rubber cultivation of Kerala |
| title_fullStr | An analytical study of market integration hypothesis for natural rubber cultivation of Kerala |
| title_full_unstemmed | An analytical study of market integration hypothesis for natural rubber cultivation of Kerala |
| title_short | An analytical study of market integration hypothesis for natural rubber cultivation of Kerala |
| title_sort | analytical study of market integration hypothesis for natural rubber cultivation of kerala |
| url | http://hdl.handle.net/20.500.11937/11172 |