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Consumption pattern and demand forecasting of coarse cereals in Gujarat, India

Author

Listed:
  • Nayana Raju

    (Anand Agricultural University)

  • Ganga Devi

    (Anand Agricultural University)

  • Meera Padaliya

    (Anand Agricultural University)

Abstract

This study was carried out to know the consumption pattern, elasticities and demand projection of coarse cereals in Gujarat. The study was based on secondary data, collected from the various rounds of National Sample Survey Organization (NSSO) report. The elasticities were calculated by taking 2011 as the base year, using multi-stage budgeting technique of Quadratic Almost Ideal Demand System (QUAIDS) model. Demand projections were calculated up to the year 2036 based on the data collected from various resources. The expenditure elasticity of coarse cereals was found as negative and has value of 0.95 in urban Gujarat, whereas it was slightly positive (0.12) in rural Gujarat by 2036. The uncompensated own-price elasticities of coarse cereals were found as 0.76 and 1.3 in both rural and urban areas of Gujarat by the same period of time. The positive value of own-price elasticities shows the inferior nature of coarse cereals. The cross-price elasticities showed that coarse cereals have complementary relationship between all commodities except wheat and pulses in Gujarat. The total demand for coarse cereals would expect to be reached at 5.39, 0.23 and 5.62 million tons by 2036 from 2.99, 0.55 and 3.54 during 2011 in rural, urban and overall Gujarat, respectively, under actual income growth scenario.

Suggested Citation

  • Nayana Raju & Ganga Devi & Meera Padaliya, 2023. "Consumption pattern and demand forecasting of coarse cereals in Gujarat, India," SN Business & Economics, Springer, vol. 3(3), pages 1-19, March.
    • Handle: RePEc:spr:snbeco:v:3:y:2023:i:3:d:10.1007_s43546-023-00457-w
    DOI: 10.1007/s43546-023-00457-w
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    References listed on IDEAS

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