AI Summary & Key Takeaways
AI InsightThus, the study recommended network design for sesameproducer’s markets across the region at an almost equal distance from eachother to enhance integration and better price communication among theexporting and importing economies.
📌 3 Key Takeaways
Abstract
The present research empirically determined the spatial price linkage ofSouth-Asia exporting sesame seeds markets with the importing market usingannual producer’s price sourced from FAO database. The analyticaltechniques used to achieve the stated objective were descriptive andinferential statistics. The empirical findings showed that the selectedmarkets were not autarkic as price information was efficiently transmittedacross the geographical far apart markets. Furthermore, the traderseffectively responded to price innovation or shock in order to maintain priceequilibrium in their respective markets. Evidence showed that hike in lowquality prices would be relatively less reflected in Bangladesh and Pakistanmarkets. Thus, the study recommended network design for sesameproducer’s markets across the region at an almost equal distance from eachother to enhance integration and better price communication among theexporting and importing economies.