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Table 1 Descriptive statistics of major rice markets in Bangladesh

From: Spatial market integration of rice in Bangladesh in the presence of transaction cost

Statistic

Dhaka

Mymensingh

Rajshahi

Khulna

Chattogram

Mean

2439.7

2669.1

2381.8

2377.5

2408.8

Standard deviation

978.2

1192.1

949.5

943.8

921.1

Minimum

1107.0

1050.0

1197.0

1028.5

1240.0

Maximum

4550.0

5040.0

4450.0

4450.0

4400.0

Skewness

0.25

0.16

0.47

0.28

0.42

Kurtosis

− 1.01

− 1.41

− 0.80

− 1.04

− 0.93

Ljung–Box test

268.11***

273.18**

269.73***

268.51***

267.76***

  1. Ljung–Box test is the null hypothesis of time series containing an autocorrelation
  2. ***Denotes statistical significance at the 1% critical level