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Factor Demand, Output Supply Elasticities and Supply Projections for Major Crops of India

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Author Info

  • Kumar, Praduman
  • Shinoj, P.
  • Raju, S.S.
  • Kumar, Anjani
  • Rich, Karl M.
  • Msangi, Siwa
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    Abstract

    Policy planners face the challenge of formulating suitable agricultural policy by which the required growth in domestic production can be achieved. To attain effective food security policy, one needs reliable empirical knowledge about the degree of responsiveness of factor demand and output supply for commodities. This paper is an attempt in this direction and estimates the factor demand and output supply elasticity for major crops grown in India. These elasticities are used to project the domestic supply of major commodities, viz. rice, wheat, pulse grains, nine major edible oilseeds, and sugarcane under various scenarios with and without acreage expansion and TFP growth. The results of supply projections are compared with the food demand and policy prescription to attain food security is suggested.

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    File URL: http://purl.umn.edu/92090
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    Bibliographic Info

    Article provided by Agricultural Economics Research Association (India) in its journal Agricultural Economics Research Review.

    Volume (Year): 23 (2010)
    Issue (Month): 1 ()
    Pages:

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    Handle: RePEc:ags:aerrae:92090

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    Web page: http://www.geocities.com/aeraindia/
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    Keywords: Agricultural and Food Policy;

    References

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    1. Kumar, Praduman & Mittal, Surabhi, 2006. "Agricultural Productivity Trends in India: Sustainability Issues," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 19(2006).
    2. Kumar, Praduman & Mittal, Surabhi & Hossain, Mahabub, 2008. "Agricultural Growth Accounting and Total Factor Productivity in South Asia: A Review and Policy Implications," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 21(2), December.
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    Cited by:
    1. Thomas, Lijo & Jha, Girish Kumar & Pal, Suresh, 2013. "External Market Linkages and Instability in Indian Edible Oil Economy: Implications for Self-sufficiency Policy in Edible Oils," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 26(2).
    2. Giraud, Georges, 2013. "The World Market of Fragrant Rice, Main Issues and Perspectives," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 16(2).

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