Market concentration analysis through clustering and quadrant method: A case study of Paschim Medinipur District, West Bengal

DR. NIRMALYA DAS; RAJEEB SAMANTA

Volume : VI, Issue : III, March - 2016

Market concentration analysis through clustering and quadrant method: A case study of Paschim Medinipur District, West Bengal

Dr. Nirmalya Das, Rajeeb Samanta

Abstract :

Market clustering is one of the useful techniques for identifying economic zones of any part of the world. Gradual expansion and agglomeration of markets developed economic hubs which function as nodal centres particularly in rural areas. Every market in market clustering is interdependent upon to increase volume of trade and linkage of rural markets to urban development. Paschim Medinipur district of West Bengal, the study area consist of twenty nine CD blocks within which 76 markets have been identified for the present study where the rural markets maintain a meaningful system of economic process. Different statistical methods have been used for market clustering analysis of Paschim Medinipur such as Centrographic technique, Quadrant Analysis and Standard Distance Analysis. Study reveals six market clusters within seven blocks and distribution of market does not show normal pattern completely due to regional paradox of Paschim Medinipur.