Price and Non Price Factors in Input Use and Output Supply A Case of Gram in Uttar Pradesh
An attempt is made to compare the response of gram growers in Uttar Pradesh to input and output prices and fixed factors crucial to production, in the translog profit function framework. Normalised restricted profit is expressed as a function of variable input prices and quantities of fixed factors like deviation of rainfall from normal and expenditure on irrigation. Computed elasticities show that fixed factors are more important in cultivation of gram than prices of inputs and price of output. The policy implication is that, an increase in gram price and reduction in fertilizer price will not improve gram production.
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Volume (Year): 28 (1993)
Issue (Month): 1 (January)
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