Farmers' response to price change developing econony

By:

Stanislaus, M. Sebastian

Material type: Text

TextPublication details: New Delhi; Ashish; 1985Description: 110 pSubject(s):

Agriculture economic aspects

DDC classification:

338.9 STA

Summary: Farmers' response to price, stimulus has been the object of research by many economists all over the world. There are a large number of studies in India also. But generally the stu dies are restricted to a particular leading crop or a commercial crop. There are fewer studies on the simul taneous analysis of a large number of crops. Developing economies need to take account of supply phenomenon if they seriously want to raise their output to a level adequate enough to meet the demands of their growing population. The present work includes seven Crops simultaneously, which would account for nearly 70 to 80 per cent of the cultivation of the area studied and therefore, it represents nearly the whole of agriculture in the area studied, The special feature of the study is that testing has been done at diffe rent levels, starting from simple averages, and simple regression. analysis has been done with multiple regression and linear programming techniques, using a large number of econometric tools to test the respon siveness of production to price changes. The study is in a way "a Hold-all" of various tools of analy. sis. The purpose of this approach is to arrive at a definitive answer to prob lems and defects faced by indivi dual tools of analysis. Attempt has been made to connect one analysis with another, so that in the final chapter of positive-normative analy sis, realistic solutions are arrived at. The districts chosen for testing the hypothesis are Coimbatore, Salem and Tiruchirapalli which may be said to represent the whole of Tamil Nadu and certainly also would have larger application for the whole country because the soil and clima tic conditions, irrigational facilities etc, are so varied and present a very good mixture as to be representative of the whole country. Agricultural product pricing has been one of the most difficult problems in India. This study gives a good clue to pricing and will, therefore, be a valuable guide to planners in fram ing agricultural pricing policy.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	338.9 STA (Browse shelf(Opens below))	Available		28017

Total holds: 0

Farmers' response to price, stimulus has been the object of research by many economists all over the world. There are a large number of studies in India also. But generally the stu dies are restricted to a particular leading crop or a commercial crop. There are fewer studies on the simul taneous analysis of a large number of crops.

Developing economies need to take account of supply phenomenon if they seriously want to raise their output to a level adequate enough to meet the demands of their growing population.

The present work includes seven Crops simultaneously, which would account for nearly 70 to 80 per cent of the cultivation of the area studied and therefore, it represents nearly the whole of agriculture in the area studied,

The special feature of the study is that testing has been done at diffe rent levels, starting from simple averages, and simple regression. analysis has been done with multiple regression and linear programming techniques, using a large number of econometric tools to test the respon siveness of production to price changes. The study is in a way "a Hold-all" of various tools of analy. sis.

The purpose of this approach is to arrive at a definitive answer to prob lems and defects faced by indivi dual tools of analysis. Attempt has been made to connect one analysis with another, so that in the final chapter of positive-normative analy sis, realistic solutions are arrived at.

The districts chosen for testing the hypothesis are Coimbatore, Salem and Tiruchirapalli which may be said to represent the whole of Tamil Nadu and certainly also would have larger application for the whole country because the soil and clima tic conditions, irrigational facilities etc, are so varied and present a very good mixture as to be representative of the whole country.

Agricultural product pricing has been one of the most difficult problems in India. This study gives a good clue to pricing and will, therefore, be a valuable guide to planners in fram ing agricultural pricing policy.

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