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Impoverishment, Technology and Growth in Rural India


  • Gaiha, Raghav


This paper seeks to demonstrate that the effects of the introd uction of new (Green Revolution) agriculture technology in rural Indi a were highly ambiguous. Based on an analysis of rural households und ertaken between 1968 and 1971, the paper shows that a nonnegligible number of households became poorer. It is argued that a key reason for this was the fact that large cultivators were able to benefit dispro portionately from the growth process unleased by the new technology. It is conjectured, on the basis of more recent evidence, that there was a weakening over time in some of the causal mechanisms making for impoverishment. Copyright 1987 by Oxford University Press.

Suggested Citation

  • Gaiha, Raghav, 1987. "Impoverishment, Technology and Growth in Rural India," Cambridge Journal of Economics, Oxford University Press, vol. 11(1), pages 23-46, March.
  • Handle: RePEc:oup:cambje:v:11:y:1987:i:1:p:23-46

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    References listed on IDEAS

    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters,in: This Time Is Different: Eight Centuries of Financial Folly Princeton University Press.
    2. Ke Tang & Wei Xiong, 2010. "Index Investment and Financialization of Commodities," NBER Working Papers 16385, National Bureau of Economic Research, Inc.
    3. Reinhart, Karmen & Rogoff, Kenneth, 2009. ""This time is different": panorama of eight centuries of financial crises," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 77-114, March.
    4. Milton Friedman & Anna J. Schwartz, 1963. "A Monetary History of the United States, 1867–1960," NBER Books, National Bureau of Economic Research, Inc, number frie63-1, January.
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    Cited by:

    1. Aubhik Khan & B. Ravikumar, 2002. "Costly Technology Adoption and Capital Accumulation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 489-502, April.
    2. Osborne, Theresa, 2006. "Credit and risk in rural developing economies," Journal of Economic Dynamics and Control, Elsevier, vol. 30(4), pages 541-568, April.

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