An analysis on extent of integration and the speed of adjustment of price for equilibrium and impulse response function in major vegetable markets in West Bengal, India

Many intermediaries and concentration of vegetable trade in the hands of middlemen have resulted in exploitation of growers and consumers. This experiment examines various aspects of integration in selected regulated wholesale markets for vegetables at South 24 Parganas, West Bengal, India. These regulated markets were established to improve the marketing efficiency. Johansen test was used to find out the integration of markets.