Price distortions in Indian agriculture

The current study is about estimating the extent to which domestic prices of major Indian agriculture commodities deviate from their corresponding free trade reference prices. The free trade reference prices are the estimated export-parity reference prices in cases of exported commodities and import parity reference prices in cases of imported commodities. The deviation between domestic and free trade reference prices is termed as “distortion” which can result from price- and trade-related policies.

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