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Tractorisation and Agricultural Development in India

Author

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  • Komol Singha

Abstract

Technological innovations have had profound effect on agricultural sector in the post-Green Revolution period in India. With the inception of Green Revolution, mechanisation process, especially the application of tractor in agriculture sector had intensified. However, in 2000s, the pattern of mechanization has diversified slightly from the intensive tractorisation to other implements like, irrigation, fertilizer, harvester, energy and others. Using a time series data on tractorisation and agriculture GDP for 43 years, co-integration regression method was employed to understand short run equilibrium between the variables. Further, the Error Correction Model (ECM) result showed that elasticities of mechanization were 10.4 percent and 0.52 percent for the long-run and the short-run respectively. It implies that a positive impact of mechanization on agriculture GDP was found both in the short run and long-run.

Suggested Citation

  • Komol Singha, 2012. "Tractorisation and Agricultural Development in India," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 8(4), pages 285-292, December.
  • Handle: RePEc:jge:journl:841
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    Cited by:

    1. Achoja Roland Onomu & Michael Aliber, 2021. "Factors Influencing Smallholder Farmers Mechanization Decisions in Nigeria: The Case of Tractor Use in the Fourth Industrial Revolution ERA," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 11(2), pages 199-209, June.

    More about this item

    Keywords

    Indian Economy; Tractorisation; Mechanization; Agriculture GDP;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)

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