Journal of Business & Economic Policy

The Effect of Trade Liberalization on Indian Groundnut Exports: A Markovian Analysis
Nisha Varghese

Abstract
There has been an increasingly growing demand for oilseeds for various purposes. Among oilseeds, groundnut (popularly known as peanut) is a very important crop. India is one of the largest producers of groundnut. The export of groundnut from India is continuously increasing. With time, there has been a shift in destination of groundnut exports from India owing to the stringent Sanitary and Phytosanitary Standards in the developed countries. In this paper, the author has tried to analyze the direction of change of Indian groundnut exports since liberalization and also forecasted the loyalty of major importers of Indian groundnut till the year 2016.

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