The impact of India's demonetization on domestic agricultural trade

We examine the impact of an extreme monetary shock, India's demonetization of 2016, on domestic agricultural trade. Using data from around 3000 regulated markets for 35 major crops, we find that trade value fell by 16.3–16.8% in the short run, settling at 11.8–12.1% after eight months, driven primar...

Full description

Bibliographic Details

Main Authors:	Aggarwal, Nidhi, Narayanan, Sudha
Format:	Journal Article
Language:	Inglés
Published:	Wiley 2023
Subjects:	domestic trade shock policies markets trade persistence domestic markets commodity markets monetary policies agricultural trade
Online Access:	https://hdl.handle.net/10568/140419