Casualty Between Cotton Area And Sesamum Area In Andhra Pradesh State-An Ardl Bounds Testing Approach

This paper empirically investigates cotton area casualty between sesamum for Andhra Pradesh by using the annually time series data during the period 1995-2012. Research variables are sesamum area, farm harvest price of cotton, farm harvest price of sesamum. Long-run and short-run elasticities of variables were examined using the bounds testing cointegration. The autoregressive distributed lag model (ARDL) demonstrates that there is a long-term relationship between the variables like cotton area and sesamum area. CUSUM and CUSUMSQ stability tests on hypothesized cotton area function were also implemented.