MARKETING SYSTEM, SEASONAL PRICE VARIATION AND MARKET INTEGRATION OF HILSHA (TENUALOSA ILISHA) FISH IN SOME SELECTED AREAS OF BANGLADESH (Published)
A study was undertaken to examine the marketing system and price behavior of Hilsha fish in selected areas of Chandpur district of Bangladesh during the month of March-April 2012. The objectives of the study were to estimate costs and margins, seasonal price variation and to test market integration of Hilsha fish. Primary and secondary data were used for this study. The higher marketing cost was incurred by aratdars and the lowest by retailer. On the other hand, retailers earned the highest net marketing margins. Analysis of market integration shows that Hilsha fish market in Bangladesh was well integrated. The findings of the study revealed that the marketing of Hilsha was a profitable business and some recommendations were provided for the improvement of Hilsha marketing in the country.
Stock markets provide channels for the mobilization and allocation of funds in the economy to be used by firms and others in fully exploiting their material, human and management resources for optimal output. The stock market itself can be influenced by macroeconomic factors prevalent in the economy. A co-integration and error correction model was employed on macroeconomic data from Nigeria and the results suggest that factors such as national savings rate, inflation rate, economic growth rates and financial intermediary development influenced stock market development during the period 1970-2011. Results from the Chow test suggested that there was no structural break in stock market development after the introduction of the Structural Adjustment Programme in 1986. It was recommended that stabilizing the financial and economic aggregates by the government for the overall growth of the economy will help to grow the stock market. JEL Classification: G20, G28, E44, O55