Analyzing crop price dynamics in Nalanda, Bihar: An in-depth analysis of twenty agricultural commodities
In this study, we investigated market integration and price transmission dynamics in agricultural supply chains in Nalanda, Bihar, focusing on twenty commodities. We utilized daily price data from Noorsarai and Harnaut village markets, the Bihar Sharif intermediate market, and the Patna City market with the aim of understanding the interrelationships among these prices. Our findings suggest that most crop prices tend to vary concurrently, necessitating adjustments for improved precision and accuracy in price assessments.