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Indian Domestic Prices And Export Of Agricultural Commodities

Author

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  • J K SACHDEVA

Abstract

Some economists, who favoured free trade, had predicted that world prices would rise after UR agreement and with establishment of WTO, but the factual position is quite different. Since 1995, world whole sale prices of commodities are falling at the rate ranging 1 to 17%. Secondly Indian commodity prices are rising at the rate of 1 to 7% . Minimum support price given to some commodities is rising at the rate of 5-7%. The trend growth of agricultural commodities prices appear to be same as rupee devaluation. As the rupee depreciates, the domestic whole sale prices are appreciating, this in turn affects our competitiveness. Price rise equivalent to the rate of rupee depreciation cannot be ignored.

Suggested Citation

  • J K Sachdeva, 2003. "Indian Domestic Prices And Export Of Agricultural Commodities," International Trade 0311005, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpit:0311005
    Note: Type of Document - word doc; prepared on win98; to print on inkjet a4; pages: 28; figures: none
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    Citations

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    Cited by:

    1. Surabhi Mittal, 2007. "OECD Agricultural Trade Reforms Impact On India's Prces and Producer's Welfare," Working Papers id:1072, eSocialSciences.
    2. Surabhi MITTAL, 2009. "Will OECD Agricultural Trade Reforms Impact India's Crop Prices and Farmers Welfare?," EcoMod2009 21500067, EcoMod.
    3. Surabhi Mittal, 2007. "Oecd Agricultural Trade Reforms Impact On India’s Prices And Producers Welfare," Trade Working Papers 22225, East Asian Bureau of Economic Research.

    More about this item

    Keywords

    agricultural economics; international trade;

    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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