Direction Analysis of Coconut Exports from India: Markov Chain Approach.

S. E. Umesha; B. K. Tulasimala

Volume : V, Issue : XI, November - 2016

Direction Analysis of Coconut Exports from India: Markov Chain Approach.

S. E. Umesha, B. K. Tulasimala

Abstract :

India is one of the largest producers of coconut contributing 18% of world production. The paper tries to analyze the structure and direction of Indian coconut exports for the period 2000-01 to 2014-15. Compound growth rate is used to analyze the growth in area, production, yield and export (quantity and value) of coconut during the period. The Markov chain analysis is used to assess the transition probabilities for the major export destinations for fresh coconut and coconut oil. U A E, Nepal, Oman are the most stable importers for the fresh coconut while Bangladesh is the only stable importer for coconut oil. The paper suggests to focus on exports to these countries. It is also needed to encourage research on health effects of coconut oil to remove the myths around it and ensure its acceptability