Dynamism and Enervation: Contrasts in India's Agrarian Economy
Modernization of agriculture has yet to occur in major regions of India. Many see equity-oriented policies by government and cooperative organizations among cultivators as the best if not only solution. Such a strategy represents an implausible departure from the historical process of agricultural development in India. A differential ecology has produced distinctive patterns of farm-level decisions, land-tenure systems, marketing arrangements, and government interventions. An endogenous growth model capturing major features of this process casts doubt on the feasibility of an egalitarian strategy. Moreover, the model provides insight into why India has not launched a more vigorous effort to develop agriculture, and what factors might induce such an effort in the future.
|Date of creation:||20 May 1995|
|Note:||34 pages; paper is a Word for Windows v. 2.0 document with equations and one figure contained within the body; paper was FTP'ed. Author wrote this paper while visiting at SIUC; send e-mail to Thom Mitchell, Discussion Paper Coordinator (tmitch @ siu.edu)|
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