Vol. 12, Issue 3 (2023)

Author(s):
JS Atla, NV Rathod and J Rahane

Abstract:
The present study was conducted to estimate the trends in domestic and international prices of paddy studying by the polynomial function and exponential function for calculating trends and CGR of domestic and international prices of paddy respectively during 1970-71 to 2017-18. Tendency in international prices of paddy was more fluctuated than domestic prices of paddy during the entire study period. Fluctuations in domestic and international prices of paddy due to time factor to extents of 97 and 70 per cent respectively, as indicated by R². Growth rate estimated for domestic prices i.e.8.21 per cent per annum is higher than international prices i.e. 7.02 per cent per annum at overall period (1970-71 to 2017-18). Instability index of domestic prices of paddy shows that more consistent than international prices of paddy i.e. 37.99 and 53.23 per cent respectively, at overall period.