TREND AND FUNCTIONAL ANALYSIS OF SUGARCANE AND SUGAR IN KARNATAKA STATE
Journal Title: International Journal of Agriculture Sciences - Year 2016, Vol 8, Issue 61
Abstract
The study was undertaken to analyses the trend and functional analysis of sugarcane production, sugarcane supplies to the factory, sugarcane price and sugar price in the Karnataka state. The data required for the study relating to the area, production and productivity of sugarcane, sugarcane price, sugar price, gur prices, installed capacity, rainfall, levy percent of sugar, SMP were sourced from cooperative sugar publications, DES, Bangalore and indiastats.com from 1985-86 to 2012-13. The data were analysed by using trend equations, multiple regressions, two-stage simultaneous equations and growth rate analysis. The results of the study found that, the sugarcane prices, factory supplies of sugarcane, sugar prices and sugarcane production were increasing trends with highly significant growth rates (8.39 %, 6.29 %, 5.48 % and 2.10 %, respectively) and also showed higher instabilities (66.54 %, 58.83 %, 49.96 % and 31.12 %, respectively) in the study period. These fluctuations were due to cyclical nature of sugarcane production which usually happens once in 2-3 years i.e. two year surplus production followed by deficit production of cane and also due to changing government policies like levy obligations, quarterly or monthly sugar release mechanism, influence of state government advisory price and export and import restrictions etc.
Authors and Affiliations
GANESHGOUDA I. PATIL
Keywords
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