Market Performance of Potato Auctions in Bhutan

Market performance with respect to a main horticultural export commodity in Bhutan is the subject of this paper. Imperfections in (market) infrastructure and market structure and conduct may prevent an optimal price for farmers. Market performance is assessed by testing the law of one price for this commodity. This is done by testing three series of auction price data on both long-run and short-run price integration. It is concluded that auction prices were interrelated both in the long and short run with one of the three auctions as the price-leading market. Policy implications are suggested.


Subject(s):
Issue Date:
2006
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/25520
Total Pages:
17
JEL Codes:
C22; L1; M31; O1; Q13
Series Statement:
Poster Paper




 Record created 2017-04-01, last modified 2017-04-26

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