Madras Agricultural Journal
Loading.. Please wait
Research Article | Open Access | Peer Review

An Econometric Analysis of Maize and Poultry Market Integration in India

Volume : 99
Issue: Apr-jun
Pages: 397 - 402
Published: May 03, 2023
Download

Abstract


Maize is an important staple food in many countries and its acreage is on the increase continuously at global level. In India maize is mainly used to manufacture poultry feed. Higher marketing efficiency in maize markets would technically imply that all the major markets are integrated and also the changes in the prices of final products, viz., egg and chicken closely reflect the prices of major inputs raw material viz., maize. The price linkages between maize and poultry products are studied through co-integration and Vector Error Correction Model approach. Price transmission is observed across maize to poultry products. The results proved that maize markets in India are integrated over space and form implying higher order of marketing efficiency. Hence achieving the production target of 42 million tonnes of maize in India is not a difficult task provided policies are conducive and bird flu does not occur in our nation.

DOI
Pages
397 - 402
Creative Commons
Copyright
© The Author(s), 2025. Published by Madras Agricultural Students' Union in Madras Agricultural Journal (MAJ). This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited by the user.

Keywords


Price transmission Market Integration maizem poultry VECM.
footer

Copyright © Madras Agricultural Journal | Masu Journal All rights reserved.