Investigating Market Integration and Price Transmission of Different Rice Qualities in Iran
Rice production in most of Asian countries has been increased more rapidly than population and this has been led to increase in supply and proportionately decrease in the real price of rice in world and domestic markets. Furthermore, together with growth in production and national gross income o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Islamic Azad University
2013-12-01
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| Series: | International Journal of Agricultural Management and Development |
| Subjects: | |
| Online Access: | http://webzoom.freewebs.com/ijamad/3%284%29/IJAMADDecember2013P219.pdf |
| Summary: | Rice production in most of Asian countries has been increased
more rapidly than population and this has been led to increase
in supply and proportionately decrease in the real price of rice in
world and domestic markets. Furthermore, together with growth in
production and national gross income of the country per-capita
income has been increased and also demand for rice at national and
international level quality has been increased. In this case studying
the market conditions of different qualities of rice including marketing
margins, causative relations among the prices, market integrations in
long term and finally price transferring and market integration in
short term is the important consequence that can help policymakers
and planners in their decision makings on research, production, distribution
and marketing of rice strategic product. So, using the
statistics from Jihad Agriculture Organization of Guilan Province in
case of the price of rice qualities (items) including Sadri momtaz
(S1), Sadri darge yek (S2), Sadri mamooli (S3) and Khazar (K1)
during 1999-2009 market conditions of different qualities of rice
was studied. Results show that impulses in wholesale prices in
Khazar rice rapidly influence on-farm prices, however, in case of
other rice qualities the rate and speed of this influence is low. But in
wholesale-retail market for Sadri quality rice impulses influence
strongly in wholesale price and this shows intense integration of
these two rice markets in Iran. It is suggested that according to the
different quality of rice verities, support policy design and decision
making process assigned separately |
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| ISSN: | 2159-5852 2159-5860 |