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support price (MSP). Wholesale prices at planting or lagged harvest time prices are largely irrelevant for production. The … Food Corporation of India's (FCI's) procurement volume is driven by the production level and the difference between the MSP … and market price. The signs of the estimated price elasticities of demand are consistent with the theory; however, for …
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This paper serves to disentangle the complex system of Indian food policies related to wheat and rice procurement, storage, distribution and trade. Using nationally aggregated time series data, these policies are econometrically analysed. Based on the estimation results, their market...
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of a severe global financial crisis. The adverse consequences of the food price hike for the poor are large; the global …
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Data indicate that its domestic price in Indonesia has been increasing regardless of movements in the international … price of wheat. A test for asymmetric price transmission from international wheat to domestic wheat flour markets is … conducted using an error correction model and find the presence of asymmetric price transmission. The upward adjustment in the …
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Previous studies have found that price promotions lead to a decrease in the average prices of seasonal goods in high … demand season, countering the predictions of basic supply and demand. I explain this trend by proposing that price …-sensitive consumers are less likely to search in low demand periods, changing consumer composition and decreasing aggregate price …
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