P. V. PHADTE AND R. A. KOLAMBKAR
Department of Agricultural Economics and Statistics, Goa College of Agriculture, Goa University, Goa-403 402 (Goa), India
*(e-mail: pujaphadte6@gmail.com; Mobile: 80102 67640)
(Received: June 5, 2024; Accepted: July 16, 2024)
ABSTRACT
The time series secondary data on monthly arrivals and prices of cashew nut from January 2010 to December 2021 were used for the current investigation. The data were gathered from the Ministry of Agriculture and Farmer Welfare, Government of India, and the Goa Agricultural Produce Livestock Marketing Board (GAPLMB), Goa.
Statistical methods like averages, growth rates, coefficient of variation, and percentages were utilized to study the data in order to obtain relevant conclusions. From the study, it was observed that prices of cashew nut significantly increased from 2010 to 2021, but the arrivals showed the opposite trend, i.e., it was decreasing though it was non-significant. More variability was observed in arrivals than prices.
There was a negative correlation between arrivals and prices of cashew nut, but it turned out to be non-significant. From the study, it was also concluded that lagged month price had a positive impact on the current month’s price of cashew nut. The positive magnitude of regression coefficients revealed that if the lagged month price was increased by one rupee per kg, the current month price also increased by Rs. 0.78 per kg.
Key words: Arrivals, cashew nut, variation, correlation, GAPLMB