دورية أكاديمية
Impact of COVID-19 on agricultural markets: assessing the roles of commodity characteristics, disease caseload and market reforms.
| العنوان: | Impact of COVID-19 on agricultural markets: assessing the roles of commodity characteristics, disease caseload and market reforms. |
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| المؤلفون: | Varshney D; South Asia Region, International Food Policy Research Institute, New Delhi, India., Roy D; South Asia Region, International Food Policy Research Institute, New Delhi, India., Meenakshi JV; Department of Economics, Delhi School of Economics, University of Delhi, Delhi, India. |
| المصدر: | Indian economic review [Indian Econ Rev] 2020; Vol. 55 (Suppl 1), pp. 83-103. Date of Electronic Publication: 2020 Aug 24. |
| نوع المنشور: | Journal Article |
| اللغة: | English |
| بيانات الدورية: | Publisher: Delhi School of Economics, University of Delhi Country of Publication: India NLM ID: 101085944 Publication Model: Print-Electronic Cited Medium: Print ISSN: 0019-4670 (Print) Linking ISSN: 00194670 NLM ISO Abbreviation: Indian Econ Rev Subsets: PubMed not MEDLINE |
| أسماء مطبوعة: | Original Publication: Delhi : Delhi School of Economics, University of Delhi, 1952- |
| مستخلص: | This paper assesses the impact of the spread of COVID-19 and the lockdown on wholesale prices and quantities traded in agricultural markets. We compare whether these impacts differ across non-perishable (wheat) and perishable commodities (tomato and onion), and the extent to which any adverse impacts are mitigated by the adoption of a greater number of agricultural market reform measures. We use a granular data set comprising daily observations for 3 months from nearly 1000 markets across five states and use a double- and triple- difference estimation strategy. Expectedly, our results differ by type of commodity and period of analysis. While all prices spiked initially in April, they recovered relatively quickly, underscoring the importance of time duration for analysis. Wheat prices were anchored in large part by the minimum support price, while tomato prices were lower in some months. Supply constraints began easing in May with greater market arrivals perhaps reflecting distress sales. Market reform measures did help in insulating farmers from lower prices, but these effects are salient for the perishable goods, and not so much for wheat where the government remained the dominant market player. Taken together, these results point to considerable resilience in agricultural markets in dealing with the COVID-19 shock, buffered by adequate policy support. (© Editorial Office, Indian Economic Review 2020.) |
| فهرسة مساهمة: | Keywords: COVID-19; Government policy; Market reforms; Wholesale prices and trade |
| تواريخ الأحداث: | Date Created: 20200901 Latest Revision: 20230510 |
| رمز التحديث: | 20231215 |
| مُعرف محوري في PubMed: | PMC7444178 |
| DOI: | 10.1007/s41775-020-00095-1 |
| PMID: | 32863419 |
| قاعدة البيانات: | MEDLINE |
| تدمد: | 0019-4670 |
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| DOI: | 10.1007/s41775-020-00095-1 |