About: Impact of COVID-19 on agricultural markets: assessing the roles of commodity characteristics, disease caseload and market reforms

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About: Impact of COVID-19 on agricultural markets: assessing the roles of commodity characteristics, disease caseload and market reforms Goto Sponge NotDistinct Permalink

An Entity of Type : schema:ScholarlyArticle, within Data Space : covidontheweb.inria.fr associated with source document(s)

Attributes	Values
type	Academic Article research paper schema:ScholarlyArticle
isDefinedBy	Covid-on-the-Web dataset
has title	Impact of COVID-19 on agricultural markets: assessing the roles of commodity characteristics, disease caseload and market reforms
Creator	Org, Meenakshi, J Meenakshi, · Roy, Devesh Varshney, D Varshney, Deepak
Source	PMC
abstract	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.
has issue date	2020-08-24(xsd:dateTime)
bibo:doi	10.1007/s41775-020-00095-1
has license	no-cc
sha1sum (hex)	758f6eacdbf5a10bd47ac45cd472c23dcce696df
schema:url	https://doi.org/10.1007/s41775-020-00095-1
resource representing a document's title	Impact of COVID-19 on agricultural markets: assessing the roles of commodity characteristics, disease caseload and market reforms
has PubMed Central identifier	PMC7444178
schema:publication	Indian Econ Rev
resource representing a document's body	covid:758f6eacdbf5a10bd47ac45cd472c23dcce696df#body_text
is schema:about of	named entity 'agricultural' named entity 'granular' named entity 'markets' named entity 'perishable' named entity 'insulating' named entity 'SUPPORT' named entity 'TYPE' named entity 'SUPPLY' named entity 'PRICE' named entity 'TRIPLE' named entity 'ADOPTION' named entity 'OBSERVATIONS' named entity 'STATES' named entity 'BUT' named entity 'EXTENT' named entity 'prices' named entity 'impact' named entity 'commodity' named entity 'wholesale' named entity 'prices' named entity 'measures' named entity 'onion' named entity 'distress' named entity 'initially' named entity 'wheat' named entity 'period' named entity 'agricultural' named entity 'disease' named entity 'data set' named entity 'Wheat' named entity 'onion' named entity 'perishable goods' named entity 'Market reform' named entity 'non-perishable' named entity 'tomato' named entity 'commodity' named entity 'arrivals' named entity 'household consumption' named entity 'agricultural commodities' named entity 'Food Corporation of India' named entity 'tomato' named entity 'prices and quantities' named entity 'difference-in-difference' named entity 'cropped area' named entity 'accounting' named entity 'tomato' named entity 'market reforms' named entity 'Kolmogorov-Smirnov test' named entity 'market reforms' named entity 'wholesale price' named entity 'COVID-19' named entity 'difference-in-difference' named entity 'market price' named entity 'non-perishable' named entity 'Madhya Pradesh' named entity 'COVID-19' named entity 'COVID-19' named entity 'tomato' named entity 'wheat' named entity 'market reform' named entity 'mandis' named entity 'COVID-19' named entity 'Business Standard' named entity 'mandis' named entity 'supply chains' named entity 'India' named entity 'wheat' named entity 'food markets' named entity 'arbitrage' named entity 'cropped area' named entity 'mandis' named entity 'COVID-19' named entity 'tomato' named entity 'perishable goods' named entity 'null hypothesis' named entity 'APMC' named entity 'COVID-19' named entity 'prices and quantities'

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