ROHIT KUMAR1*, H.P. SINGH2
1Department of Agricultural Economics, Institute of Agricultural Science, Banaras Hindu University, Varanasi, 221005, India
2Department of Agricultural Economics, Institute of Agricultural Science, Banaras Hindu University, Varanasi, 221005, India
* Corresponding Author : rohitjnvproduct@gmail.com
Received : 10-11-2018 Accepted : 27-11-2018 Published : 30-11-2018
Volume : 10 Issue : 22 Pages : 7508 - 7510
Int J Agr Sci 10.22 (2018):7508-7510
Keywords : Price forecasting, Seasonal adjusted ARIMA
Conflict of Interest : None declared
Acknowledgements/Funding : Authors are thankful to Department of Agricultural Economics, Institute of Agricultural Science, Banaras Hindu University, Varanasi, 221005, India and Raka Saxena (ICAR-NIAP, New Delhi), Ranjit K. Paul (IASRI, New Delhi)
Author Contribution : All authors equally contributed
Fluctuations in prices of different agricultural commodities are a matter of concern among farmers, policy makers and stakeholders. As the potato is an extremely sensitive crop in terms of the impact of all external influences to the prices, it is imperative to study the price forecasting of potato by employing sound statistical modelling techniques that, in turn, will be beneficial to the farmers and planners in formulating suitable policies to face the challenges ahead. Seasonal adjusted ARIMA can capture the seasonal price volatility of potato.
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