Income dynamics in Tamil Nadu, India from 1971 to 2003: changing roles of land and human capital
AbstractThis article examines the changing role of physical and human capital in income dynamics in Tamil Nadu, India, using detailed daily records of farming households from 1971 to 2003. We find that income growth until the early 1990s is attributed to the rice Green Revolution and the associated development of nonrice farm sector. Further growth after the 1990s became possible due to the rapid nonfarm sector development that has been stimulated by the liberalization of Indian economy since 1991. In accordance with this change in income structure, the importance of physical and human capital has changed. Human capital was important in the early 1970s to take advantage of the rice Green Revolution technology. Once the new technology became standard among farmers, human capital became an insignificant factor. The importance of human capital has revived in a different manner in recent years firstly because it has increased farmers' access to nonfarm job opportunities, and secondly because farm management has become more knowledge intensive in the face of increasing scarcity of labor and water. The contribution of physical capital increased during the Green Revolution period, while it started declining after that. The changing mechanism is characterized as the shifting importance from physical to human capital in accordance with the changing engines of income growth from the Green Revolution to the development of nonfarm sector. Copyright 2006 International Association of Agricultural Economists.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by International Association of Agricultural Economists in its journal Agricultural Economics.
Volume (Year): 35 (2006)
Issue (Month): s3 (November)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0169-5150
More information through EDIRC
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.