The cooling effect of pulse imports on price: The case of the pigeon pea in India

The persistent shortfall in India’s production of pulses in the wake of rising demand has led to an increasing volume of imports in the last decade. By bridging the demand–supply gap, imports are aimed at restricting rising domestic prices. However, the extent to which the imports have been successf...

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Autores principales: Negi, Akanksha, Roy, Devesh
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2015
Materias:
Acceso en línea:https://hdl.handle.net/10568/150312
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author Negi, Akanksha
Roy, Devesh
author_browse Negi, Akanksha
Roy, Devesh
author_facet Negi, Akanksha
Roy, Devesh
author_sort Negi, Akanksha
collection Repository of Agricultural Research Outputs (CGSpace)
description The persistent shortfall in India’s production of pulses in the wake of rising demand has led to an increasing volume of imports in the last decade. By bridging the demand–supply gap, imports are aimed at restricting rising domestic prices. However, the extent to which the imports have been successful in controlling domestic prices is a question that remains unanswered. This paper tries to assess the extent and nature of the cooling effect of imports on domestic prices for one of India’s most important pulses—pigeon pea. Using high-frequency, weekly data we find that for the period 2002–2012, pigeon pea imports and domestic prices are cointegrated. In the long run, a 1 percent increase in imports is associated with lowering prices by approximately 3 percent.
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spelling CGSpace1503122025-11-06T07:25:30Z The cooling effect of pulse imports on price: The case of the pigeon pea in India Negi, Akanksha Roy, Devesh imports grain legumes impulse response function pigeon peas prices The persistent shortfall in India’s production of pulses in the wake of rising demand has led to an increasing volume of imports in the last decade. By bridging the demand–supply gap, imports are aimed at restricting rising domestic prices. However, the extent to which the imports have been successful in controlling domestic prices is a question that remains unanswered. This paper tries to assess the extent and nature of the cooling effect of imports on domestic prices for one of India’s most important pulses—pigeon pea. Using high-frequency, weekly data we find that for the period 2002–2012, pigeon pea imports and domestic prices are cointegrated. In the long run, a 1 percent increase in imports is associated with lowering prices by approximately 3 percent. 2015-05-01 2024-08-01T02:51:24Z 2024-08-01T02:51:24Z Working Paper https://hdl.handle.net/10568/150312 en https://hdl.handle.net/10568/149707 Open Access application/pdf International Food Policy Research Institute Negi, Akanksha and Roy, Devesh. 2015. The cooling effect of pulse imports on price: The case of the pigeon pea in India. IFPRI Discussion Paper 1439. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/150312
spellingShingle imports
grain legumes
impulse response function
pigeon peas
prices
Negi, Akanksha
Roy, Devesh
The cooling effect of pulse imports on price: The case of the pigeon pea in India
title The cooling effect of pulse imports on price: The case of the pigeon pea in India
title_full The cooling effect of pulse imports on price: The case of the pigeon pea in India
title_fullStr The cooling effect of pulse imports on price: The case of the pigeon pea in India
title_full_unstemmed The cooling effect of pulse imports on price: The case of the pigeon pea in India
title_short The cooling effect of pulse imports on price: The case of the pigeon pea in India
title_sort cooling effect of pulse imports on price the case of the pigeon pea in india
topic imports
grain legumes
impulse response function
pigeon peas
prices
url https://hdl.handle.net/10568/150312
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