Enabling informed resource allocation decision by vegetable growers of Varanasi, Uttar pradesh: Price forecasting using ARIMA (Record no. 518135)

000 -LEADER
fixed length control field 01866nam a22001577a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 210823b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Kumar, Pramod et al
245 ## - TITLE STATEMENT
Title Enabling informed resource allocation decision by vegetable growers of Varanasi, Uttar pradesh: Price forecasting using ARIMA
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Agriculture Situation In India
300 ## - PHYSICAL DESCRIPTION
Extent 77(10), Jan, 2021: p.16-24
520 ## - SUMMARY, ETC.
Summary, etc The ARIMA model for forecasting prices of major vegetables of Varanasi market of Uttar Pradesh were developed. ARIMA(0,1,0)(1,1,0)[52], ARIMA(3,1,1)(0,1,0)[52], ARIMA(2,1,4)(1,0,0)[52], ARIMA (0,1,1) (1,1,0)[52] were best fit models for tomato, potato, onion, brinjal, respectively. The parameters of the ARIMA models emerged to be significant. The accuracy test of models was done by comparing the forecasted price of major vegetables with those of actual weekly prices for the period 5th Jan to 26th April, 2020. The accuracy test of MAPE ranged from 0.74% for brinjal to 29.09% for onion. The Theil’s U statistics ranged from 0.004 for binjal to 0.32 for onion. The high accuracy of the model was inferred from the value of Theil’s U statistic lying nearer to zero. The price of tomatoes is estimated to increase in the future, while other vegetables are expected to be stable. Thus, the comparative advantage of the vegetables is revealed which would be taken into account by the farmers for allocating land and other resources for production of vegetables. The findings are also useful to policy makers and extension agencies for making suitable changes in the programmes for promotion of vegetables in the Varanasi district of Uttar Pradesh. – Reproduced
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Price forecasting, ARIMA, RMSE, Theil’s U statistics, Vegetables
9 (RLIN) 26977
773 ## - HOST ITEM ENTRY
Main entry heading Agriculture Situation In India
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP PRICE FORECASTING
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2021-08-23 77(10), Jan, 2021: p.16-24 AR125332 2021-08-23 Articles

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