Export-Import Performance of Patchouli Oil in India: Growth and Instability Analysis
نویسندگان
چکیده
A Patchouli is a perennial, erect, branched aromatic herb with fragrant leaves grown in tropical and subtropical regions warm humid climate condition. It cultivated mainly for its essential oil which extracted by steam distillation from the tender parts of dried stems using small amount oil. deep orange to amber colour has an exotic, heavy, earthy aroma. The aroma patchouli usually described as blend earthy, woody, sweet, musky notes.
 objectives study attempt examine annual compound growth rates export import time series data (export-import) collected through Department Commerce, Ministry Commerce Industry, Government India period 2001-22 was analyzed model i.e., annual, rate instability variation.
 results revealed that (CGRs) both are statistically significant at 1% probability level. CGRs quantity value 14.26% 15.47% respectively case 22.15% per annum imported high i.e.,38.28% annum. found much higher than exported. observed countries Indonesia, Singapore, Spain Switzerland. Since, increase demand on domestic international markets, there opportunity enhance production expanding crop area. also necessary cultivation reduce other countries.
منابع مشابه
An Empirical Study of Export and Economic Growth in India since 1960: A Co integration Analysis
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ژورنال
عنوان ژورنال: Asian Journal of Agricultural Extension, Economics and Sociology
سال: 2023
ISSN: ['2320-7027']
DOI: https://doi.org/10.9734/ajaees/2023/v41i92046