IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/14779.html
   My bibliography  Save this paper

Efficiency of Market Behaviour of NTFPs for Households under JFMP: A Case Study in West Bengal

Author

Listed:
  • Sarker, Debnarayan
  • Das, Nimai

Abstract

This paper attempts to examine the extent of marketing efficiency and economic efficiency of NTFPs in different markets based on the empirical study on some households under JFMP and on some market middlemen related to the business of NTFPs under Bankura district in the state of West Bengal. This study suggests that there exists the highest price discrimination for the collectors’ households of NTFPs by the agents of LAMPS, who appropriate the highest percentage of collectors’ price per unit (in Rs.) of products (kendu leaves and sal seeds) the collectors are obliged to offer for sale at the LAMPS’ selected centres other than local market places and at a price selected by the latter without the practice of bargaining. The market study shows that village wholesaler serves as the most important marketing agent of non-timber collectors’ households and pay the highest price to its collectors. As regards the price variation is concerned, uniformity of prices is observed in almost all markets for sal-leaves for the same period. Sal-leaves also attains the highest level of marketing efficiency and the lowest level of profit margin for market middlemen influencing more efficient and more competitive price structure of sal-leaves in the area we surveyed. Moreover, the test of market integration for sal-leaves indicates a long run relationship between two markets (Bishnupur and Pirorgari markets) and causality runs interactively from Bishnupur market to Pirorgari market.

Suggested Citation

  • Sarker, Debnarayan & Das, Nimai, 2006. "Efficiency of Market Behaviour of NTFPs for Households under JFMP: A Case Study in West Bengal," MPRA Paper 14779, University Library of Munich, Germany, revised 2007.
  • Handle: RePEc:pra:mprapa:14779
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/14779/1/MPRA_paper_14779.pdf
    File Function: original version
    Download Restriction: no

    File URL: https://mpra.ub.uni-muenchen.de/14887/1/MPRA_paper_14887.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Meeusen, Wim & van den Broeck, Julien, 1977. "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 435-444, June.
    2. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    3. Sarker, Debnarayan & Das, Nimai, 2004. "Historical Relevance of Joint Forest Management Proggramme and the Key Elements of its Sustainability: An Evidence from Western Midnapore Division in West Bengal," MPRA Paper 14781, University Library of Munich, Germany.
    4. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    5. T. Randall Fortenbery & Hector O. Zapata, 1993. "An examination of cointegration relations between futures and local grain markets," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 13(8), pages 921-932, December.
    6. World Bank, 2005. "Agriculture Investment Sourcebook," World Bank Publications - Books, The World Bank Group, number 7308, December.
    7. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
    8. Mallik, R.M., 2000. "Sustainable Management of Non-Timber Forest Products in Orissa: Some Issues and Options," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 55(3), September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Das, Nimai, 2009. "Can Joint Forest Management Programme Sustain Rural Life: A Livelihood Analysis from Community-based Forest Management Groups," MPRA Paper 15305, University Library of Munich, Germany.
    2. Das, Nimai & Sarker, Debnarayan, 2008. "Moral Hazard Problem for Rural Labour Households under JFMP: A Study from Forest Dependent Groups in West Bengal," MPRA Paper 15230, University Library of Munich, Germany.
    3. Das, Nimai & Sarker, Debnarayan, 2008. "Study on Forest Dependent Households under a Household Model Framework," MPRA Paper 15328, University Library of Munich, Germany.
    4. Das, Nimai & Sarker, Debnarayan, 2008. "Distributional Aspect of Forest Income: A Study on JFM and non-JFM Forest Dependent Households," MPRA Paper 15330, University Library of Munich, Germany.
    5. Das, Nimai & Sarker, Debnarayan, 2008. "Benefit Relationship between Owner and User of Common Pool Resource: Evidence from Joint Forest Management Programme in West Bengal," MPRA Paper 15327, University Library of Munich, Germany.
    6. Das, Nimai, 2009. "Understanding of Social Capital in Gender-based Participatory JFM Programme: An Evidence from West Bengal," MPRA Paper 15304, University Library of Munich, Germany.
    7. Das, Nimai & Sarker, Debnarayan, 2008. "Analysis of Risk Behavior of Households: Evidence from Gender Sensitive JFM Programme in West Bengal," MPRA Paper 15220, University Library of Munich, Germany.
    8. Mahapatra, Ajay Kumar & Shackleton, Charlie M., 2011. "Has deregulation of non-timber forest product controls and marketing in Orissa state (India) affected local patterns of use and marketing," Forest Policy and Economics, Elsevier, vol. 13(8), pages 622-629, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Agovino, Massimiliano & Bartoletto, Silvana & Garofalo, Antonio, 2022. "A long-term analysis of efficiency in the Italian banking system from 1861 to 2010," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 227-241.
    2. Hector O. Zapata & T. Randall Fortenbery, 1996. "Stochastic Interest Rates and Price Discovery in Selected Commodity Markets," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 18(4), pages 643-654.
    3. H. Holly Wang & Bingfan Ke, 2005. "Efficiency tests of agricultural commodity futures markets in China," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(2), pages 125-141, June.
    4. Zhou, Haijiang & Roberts, Matthew C. & Zulauf, Carl R., 2004. "Are Interest Rates Necessary For Temporal Cointegration? Evidence From The London Metal Exchange (Lme)," 2004 Annual meeting, August 1-4, Denver, CO 20095, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Wang, H. Holly & Ke, Bingfan, 2003. "Is China'S Agricultural Futures Market Efficient?," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25806, International Association of Agricultural Economists.
    6. Sibanjan Mishra, 2019. "Testing Martingale Hypothesis Using Variance Ratio Tests: Evidence from High-frequency Data of NCDEX Soya Bean Futures," Global Business Review, International Management Institute, vol. 20(6), pages 1407-1422, December.
    7. Wani, M.H. & Paul, Ranjit Kumar & Bazaz, Naseer H. & Manzoor, M., 2015. "Market integration and Price Forecasting of Apple in India," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 70(2), pages 1-13.
    8. Lin, Boqiang & Long, Houyin, 2014. "Promoting carbon emissions reduction in China's chemical process industry," Energy, Elsevier, vol. 77(C), pages 822-830.
    9. Mohanty, Sunil K. & Mishra, Sibanjan, 2020. "Regulatory reform and market efficiency: The case of Indian agricultural commodity futures markets," Research in International Business and Finance, Elsevier, vol. 52(C).
    10. Paul Hewson & Keming Yu, 2008. "Quantile regression for binary performance indicators," Applied Stochastic Models in Business and Industry, John Wiley & Sons, vol. 24(5), pages 401-418, September.
    11. Law, Siong Hook & Tan, Hui & baharumshah, ahmad, 1999. "Financial Liberalization in ASEAN and the Fisher Hypothesis," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 33, pages 65-86.
    12. Lundgren, Tommy & Marklund, Per-Olov & Zhang, Shanshan, 2016. "Industrial energy demand and energy efficiency – Evidence from Sweden," Resource and Energy Economics, Elsevier, vol. 43(C), pages 130-152.
    13. Zamani, Mehrzad, 2007. "Energy consumption and economic activities in Iran," Energy Economics, Elsevier, vol. 29(6), pages 1135-1140, November.
    14. Muhammad Shafiullah & Ravinthirakumaran Navaratnam, 2016. "Do Bangladesh and Sri Lanka Enjoy Export-Led Growth? A Comparison of Two Small South Asian Economies," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 17(1), pages 114-132, March.
    15. repec:ebl:ecbull:v:6:y:2004:i:4:p:1-8 is not listed on IDEAS
    16. Titus O. Awokuse, 2003. "Is the export-led growth hypothesis valid for Canada?," Canadian Journal of Economics, Canadian Economics Association, vol. 36(1), pages 126-136, February.
    17. Zheng, Li & Abbasi, Kashif Raza & Salem, Sultan & Irfan, Muhammad & Alvarado, Rafael & Lv, Kangjuan, 2022. "How technological innovation and institutional quality affect sectoral energy consumption in Pakistan? Fresh policy insights from novel econometric approach," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    18. Yap, Wei Yim & Lam, Jasmine S.L., 2006. "Competition dynamics between container ports in East Asia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(1), pages 35-51, January.
    19. Fazal Husain & Abdul Qayyum, 2006. "Stock Market Liberalisations in the South Asian Region," PIDE-Working Papers 2006:6, Pakistan Institute of Development Economics.
    20. Nicholas Taylor, 1998. "Precious metals and inflation," Applied Financial Economics, Taylor & Francis Journals, vol. 8(2), pages 201-210.
    21. Taufiq Choudhry & Mohammad Hasan, 2008. "Exchange Rate Regime and Demand for Reserves: Evidence from Kenya, Mexico and Philippines," Open Economies Review, Springer, vol. 19(2), pages 167-181, April.

    More about this item

    Keywords

    Marketing efficiency and economic efficiency; Non-timber forest products (NTFPs); Joint forest management programme (JFMP); Bengal forest resource;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:14779. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.