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Patel, Vinod B.
- Predicting Shrimp Prices in India:A Forecast using Random Walk Model
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Authors
Affiliations
1 Veer Narmad South Gujarat University, Surat, IN
2 Department of Business and Industrial Management, VNSGU, Surat, IN
1 Veer Narmad South Gujarat University, Surat, IN
2 Department of Business and Industrial Management, VNSGU, Surat, IN
Source
Global Journal of Research in Management, Vol 8, No 1 (2018), Pagination: 64-76Abstract
Shrimp continues to be one of the most traded food commodities in the world. Due to its taste and nutritional benefits, there has been a major growth in the demand of shrimps from the developed nations in the world. Changing demographic pattern of the world population has caused shrimps to be a preferred species in the developing country to fulfill their food requirement. With the marine resources continuously depleting, aquaculture emerges as an industry, capable to fulfill the rising demand of shrimps in the world. The aim of this paper is to study the pattern of the shrimp prices in India. Further an attempt has been made to predict the future movement of the shrimp prices in India using the random walk model.Keywords
Shrimp, Forecast, Time Series, Trend Analysis, Random Walk.References
- About Indian fisheries. (n.d.). Retrieved February 26, 2018, from http://nfdb.gov.in/about-indian-fisheries.htm
- Country profile. (2005, June 01). Retrieved February 26, 2018, from http://www.fao.org/fishery/countrysector/naso_india/en
- Fishery sector in India. (2005, June 01). Retrieved March 01, 2018, from http://www.fao.org/fishery/countrysector/naso_india/en
- Forecasting with a Random Walk - Univerzita Karlova. (n.d.). Retrieved March 1, 2018, from http://www.bing.com/cr?IG=A37F13B844E848FDBD1BD0D87172E6B9&CID=1F6C54F0438265693EEB5F55422D6402&rd=1&h=CfRPmDqiQIpi6zUmuRz8bodB0Ut0irwd1gACm1-kMqk&v=1&r=http%3a%2f%2fjournal.fsv.cuni.cz%2fstorage%2f1374_medel.pdf&p=DevEx,5442.1
- Kumar, V. S. (2016, January 21). Aquaculture industry estimates 10-15% growth in production. Retrieved February 26, 2018, from https://www.thehindubusinessline.com/economy/agri-business/aquaculture-industry-estimates-1015-growth-in-production/article8135838.ece
- Ravi, R. (2018, January 27). Indian seafood exports to touch Rs 40,000 cr. Retrieved February 26, 2018, from http://www.financialexpress.com/economy/indian-seafood-exports-to-touch-rs-40000-cr/1032896/
- Shrimps. (n.d.). Retrieved March 01, 2018, from http://agritech.tnau.ac.in/fishery/fish_shrimps.html
- Shrimp - Monthly Price - Commodity Prices - indexmundi.com. (n.d.). Retrieved March 1, 2018, from https://www.bing.com/cr?IG=78B3185E0A024714838B4F9268829283&CID=0ADCA15CF50A6B063DE4AAF9F4A56A25&rd=1&h=3tYIwWgR6N8VdpHH7c4cOwYunv4x3wTFmkjliX8ty4& v=1&r=https%3a%2f%2fwww.indexmundi.com%2fcommodities%2f%3fcommodity%3dshrimp%26months%3d60& p=DevEx,5070.1
- Shrimp News. (n.d.). Retrieved March 01, 2018, from http://ww.shrimpnews.com/
- T. (2017, May 14). India's aquaculture exports can double in 4 years: Min - Times of India. Retrieved February 26, 2018, from https://timesofindia.indiatimes.com/city/mangaluru/indias-aquaculture-exports-can-double-in-4-years-min/articleshow/58673694.cms
- The random walk as a forecasting benchmark: drift or no drift? (n.d.). Retrieved March 1, 2018, from http://www.bing.com/cr?IG=A37F13B844E848FDBD1BD0D87172E6B9&CID=1F6C54F0438265693EEB5F55422D6402&rd=1&h=HEpVS_IHLDfcwa6jMBq3zjknA2Hi8xXJkKdVeVWR3G8&v=1&r=http%3a%2f%2fwww.tandfonline.com%2fdoi%2fpdf%2f10.1080%2f00036846.2016.1153788&p=DevEx,5355.
- Study of Purchasing Attitude with reference to Consumer Ethnocentrism
Abstract Views :192 |
PDF Views:0
Authors
Affiliations
1 Sh. J. D. Gabani Comm. College & Shree SAS College of Mgt. affil. to Veer Narmad South Gujarat Univ., IN
1 Sh. J. D. Gabani Comm. College & Shree SAS College of Mgt. affil. to Veer Narmad South Gujarat Univ., IN
Source
Global Journal of Research in Management, Vol 11, No 2 (2021), Pagination: 56-69Abstract
Purpose: Main objective of this research paper is to study of purchasing attitude with reference to consumer ethnocentrism in Surat region. Design: This research design is descriptive using a non-probability convenience sampling method. Survey was conducted on a sample of 250 consumers through developing online structured questionnaire. Findings: Majority of consumers are more likely to consider the image of the country of origin when making purchasing decisions. Price, quality, ease of availability, availability of after sales services and previous experience were affecting purchasing decisions. Research limitations/implications: With this study researcher tried to establish a relationship between consumer ethnocentrism attitude and demand for domestic products. Contribution and value-add: This study would enhance consumer ethnocentrism attitude where research on consumer ethnocentrism is still not popular. The research study attempts on the background to develop positive attitude towards domestic goods or “local for vocal” theme in India.Keywords
Consumer ethnocentrism, CETSCALEReferences
- Shimp, t. A. And sharma, s. (1987,). Consumer ethnocentrism: construction and validation of the cetscale. Journal of marketing research, 24: 280-289.
- Akdogan, m.sukru et al. The effects of consumer ethnocentrism and consumer animosity on the re-purchase intent: the moderating role of consumer loyalty. Emerging markets journal, Volume 2, page no 1-12, Jan. 2012. ISSN 2158-8708.
- Alsughayir abdulrahman (2013), consumer ethnocentrism: a literature review, international journal of business and management invention, issn (online): 2319 – 8028, issn (print): 2319 – 801x, volume 2 issue 5, may. 201, pp.50-54
- Cheng lu wang zhen xiong chen, (2004),"consumer ethnocentrism and willingness to buy domestic products in a developing country setting: testing moderating effects", journal of consumer marketing, vol. 21 iss 6 pp. 391 – 400 C.
- Min han & chen guo (2018): how consumer ethnocentrism (cet), ethnocentric marketing, and consumer individualism affect ethnocentric behavior in china, journal of global marketing, issn: 0891-1762 (print) 1528-6975 (online)
- Maksan, m., tomić, damir, k., & marija, c. (2019). The influence of consumer ethnocentrism on purchase of domestic wine: application of the extended theory of planned behaviour. Appetite, 142 (2019)
- Du yu. (2014). Consumer ethnocentrism and its effects on attitude and behaviour of chinese consumers. Computer modelling & new technologies, 18(12c), 748–753.