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Growth, Instability and Price Flexibility of Major Pulses in Pakistan

Author

Listed:
  • Saima Rani
  • Hassnain Shah
  • Akhter Ali
  • Bushra Rehman

Abstract

In the present paper time series data from 1976 to 2010 on the price, area, yield and production of major pulses (gram, masoor, mung and mash) is analyzed to estimate the compound growth rate, instability index and annual fluctuation of area, yield, production and prices. Own price flexibility and cross price flexibility between gram, masoor (winter pulses) and mash and mung (summer pulses) was analyzed to measure the impact of production on cross prices. Growth rate of prices for all these pulses was positive throughout the study period. Price of masoor was highly instable as compared other pulses. High fluctuation in area of mung was found throughout the study period. The analysis of own price flexibility reveals that gram and mung are less risky pulses. Keeping in view the quantity imported due to fulfill the demand supply gap, government should provide incentives to farmers for national food security.

Suggested Citation

  • Saima Rani & Hassnain Shah & Akhter Ali & Bushra Rehman, 2012. "Growth, Instability and Price Flexibility of Major Pulses in Pakistan," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society, vol. 2(2), pages 107-112.
  • Handle: RePEc:asi:ajosrd:v:2:y:2012:i:2:p:107-112:id:509
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    Cited by:

    1. Usama Haroon & Muhammad Hassan Chaudhary & Muhammad Aamir Shahzad & Muhammad Adnan Khan & Nimra Nisar, 2020. "Vegetable Prices Possess Seasonal Volatility: A Case Study of Lahore, Punjab, Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 2(2), pages 62-71.

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