Is the Electronic Market the Way Forward to Overcome Market Failures in Agriculture?

Title

Is the Electronic Market the Way Forward to Overcome Market Failures in Agriculture?

Creator

Rao N.C.S.; Bhatt Y.; Beero S.K.

Description

This paper examines the performance of agricultural markets through analysing the primary data from 856 farm households in six states along with secondary data. It argues that adequate physical and storage infrastructure is crucial even for the functioning of the electronic market, and other related policy measures are needed to have a significant improvement in agricultural marketing. The results indicate that farmers obtained 3.75% higher prices in these markets vis-vis the prices received before selling to these markets. This is significant as the prices plummeted by 8.34% in the manual transactions. 2022 Economic and Political Weekly. All rights reserved.

Source

Economic and Political Weekly, Vol-57, No. 41, pp. 52-60.

Date

2022-01-01

Publisher

Economic and Political Weekly

Coverage

Rao N.C.S., Institute of Economic Growth, University of Delhi Enclave, North Campus, New Delhi, India; Bhatt Y., Agricultural Economics Research Centre, University of Delhi, New Delhi, India; Beero S.K., Christ (Deemed to be) University, Delhi NCR Campus, India

Rights

Restricted Access

Relation

ISSN: 129976

Format

Online

Language

English

Type

Article

Identifier

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85139802420&partnerID=40&md5=6f9c6fdac7c03396eadc4e05d16e8c87