Growth of Total Factor Productivity in Indian Agriculture
The present study estimates the sources of growth of Indian agriculture for three sub-periods during 1950-51 to 1988-89. It also estimates the contribution of adverse weather conditions and intensity of resource use to total factor productivity growth. It is found that TFPG has contributed significantly to the acceleration of agricultural growth facilitating release of scarce resources from agriculture to other sectors in the economy. Thus, TFPG in agriculture has been the prime driving force behind the acceleration of overall growth in the Indian economy achieved during the eighties. The main determinant of TFPG has been found to be the use of modern inputs like fertilizer, HYV seeds and irrigation.
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Volume (Year): 28 (1993)
Issue (Month): 1 (January)
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