文章基本信息

标题：Are Agricultural Markets in the Punjab Technically Efficient?
本地全文：下载
作者：Mahniya Zafar ; Naved Hamid ; Fatima Arshad 等
期刊名称：The Lahore Journal of Economics
印刷版ISSN：1811-5438
电子版ISSN：1811-5446
出版年度：2020
卷号：25
期号：1
页码：89-138
DOI：10.35536/lje.2020.v25.i1.a4
出版社：Lahore School of Economics
摘要：We testthe technical efficiency, measured by the degreeof integration,of agriculture marketsfor five crops in the Punjabprovince of Pakistanusing daily wholesale market prices from the Agriculture Management Information System (AMIS). We findthat potato, onion and mango markets are well integrated both horizontally and vertically, with the speed of price adjustment in most cases (mango isthe exception) being very rapid. We also find that kinnow and basmati rice markets are bothvertically fairly well integrated. Furthermore, we findthat trends in cropping patternsover the period 2000 to 2014 are in line with the changing market demand and government priceinterventions. The reformsintroducedby thePunjab Agriculture Marketing Regulatory Authority (PAMRA) Act 2020,aimed atincreasing competition in agriculture markets,have the potential tosignificantly improve economic efficiency.
关键词：Agricultural prices; market integration; price transmission; market efficiency; agriculture marketing.