Price Distortions in Indian Agriculture
Saini, Shweta; Gulati, Ashok | June 2017
Abstract
The current study is about estimating the extent to which domestic prices of major Indian agriculture commodities deviate from their corresponding free trade reference prices. The free trade reference prices are the estimated export-parity reference prices in cases of exported commodities and import parity reference prices in cases of imported commodities. The deviation between domestic and free trade reference prices is termed as “distortion” which can result from price- and trade-related policies.
The extent of price distortions is analyzed using estimates of the “nominal rates of protection” (NRPs) and “nominal protection coefficients” (NPCs). The estimates are at the wholesale market level. The study spans 15 agri-commodities, 11 Indian states that are the major producing states of the identified commodities, and 5 ports through which the majority of trade of identified commodities happens. The study period is 10 years, 2004–05 to 2013–14.
Citation
Saini, Shweta; Gulati, Ashok. 2017. Price Distortions in Indian Agriculture. © Indian Council for Research on International Economic Relations. http://hdl.handle.net/11540/7537.Keywords
Agroindustry
Agricultural trade
Commercial farming
Agroindustry
Sustainable development
Export volume
Export Development
Access to markets
Agricultural market
Agricultural economy
Distribution
Commercial agriculture
Agriculture
Sustainable agriculture
Trade Volume
Agricultural Trade
Food Security And Trade
Regional Trade Agreements
Food Security
Agricultural diversification
Agricultural resource
Farm produce
Land capability for agriculture
Food Supply
Rural land use
Technological innovations
Agricultural innovations
Farm supply industry
Natural resource
Adaptive natural resource management
Produce trade
Poor
Price Indexes
Intergrated rural development
Cost and standard of living
Population
Crop improvement
Rice farming
Crop
Food industry
Perishable goods
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