ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Relative Prices of Cereals, 1952 to 1970

Relative Prices of Cereals, 1952 to 1970

S K Chakrabarti This paper presents the main results of a statistical inquiry into the factors that have governed the course of cereals prices in India during 1952 to 1970. The reduced form equation for price is derived from a theoretical model of price determination in the cereals market; statistical estimates of the equation (and its variants) are then obtained using all India annual data for the sample period.

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