An Econometric Analysis of Agricultural Production and Economic Growth in India

Kulshrestha, Dhiresh; Agrawal, Kiran Kumar

doi:10.17010/ijom/2019/v49/i11/148276

Cited by 7 publications

(2 citation statements)

References 5 publications

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“…This section provides the crux of previous studies that directly and indirectly related to understanding the influence of agricultural crop production on the growth of a country's economy. Kulshrestha and Agrawal (2019) used the Johansen cointegration test to evaluate the links between India's agricultural production and economic growth from 1961 to 2017. Rice and pulses have a favourable effect on GDP or economic growth; however, wheat and cotton have a negative impact on GDP.…”

Section: Literature Reviewmentioning

confidence: 99%

Asymmetric effects of cereal crops on agricultural economic growth: a case study of India

et al. 2021

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Section: Literature Reviewmentioning

confidence: 99%

Asymmetric effects of cereal crops on agricultural economic growth: a case study of India

et al. 2021

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“…For rectifying this situation government of India had launched various programs dedicated exclusively to oilseeds namely, Technology Mission on Oilseeds (1986), National Mission on Oilseeds and oil Palm (2012) to achieve good productivity levels. After cereals, oilseeds group are the second most important crop for our economy [10][11][12][13][14]. The major oilseeds grown in India include; Soybean, groundnut, rapeseed, mustard, sunflower, safflower, sesame, niger, etc [15,16].…”

Section: Introductionmentioning

confidence: 99%

An Analysis of Growth Pattern and Volatility in Area, Production and Yield of Soybean in Major Producing States of India

Kalra

Srivastava

2023

AJAEES

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Agriculture is one of the important sector of our Indian economy. Among agriculture various agricultural crops, oilseeds plays a major role by placing India at the 4th largest producer of oilseed in the world. Cultivation of oilseeds is done under 15-20 per cent of total area at global level (Kumar and Tiwari, 2020). Oilseeds group also considered to be one of the great sources of oil (soybean, groundnut, mustard, etc.) and protein (soybean). This study tried to analyse the trend in the area, production and productivity of soybean crop by fitting the exponential growth function. Further examination of instability in the crop was also done using Cuddy Della Valle index. The present study research period was taken from 1970-71 to 2017-18 which is further divided as follows: Pre Technology Mission on Oilseeds (Pre TMO) Period from 1970-71 to 1985-86, Technology Mission on Oilseeds Phase one Period from 1986-87 to 2001-02, Technology Mission on Oilseeds Phase two Period from 2002-03 to 2017-18, Overall Period of Technology Mission on Oilseeds from 1986-87 to 2017-18, Overall Period from 1970-71 to 1985-86. The Pre TMO period and Post TMO period criteria has been considered to estimate whether TMO had any impact on area, production , productivity, import and export of oilseeds. The study showed that during Pre TMO period, positive growth rate in the area of soybean was found positive in all the states except in Gujarat where area declined at the rate of 5.26 per cent per annum. Maximum rate of growth in the area was found in Rajasthan at the rate of 21.00 per cent per annum. During this period, production increased in all the states and country as a whole wherein, maximum rate of production registered in Rajasthan at the rate of 20.52 per cent per annum, production had shown negative growth in Gujarat at the rate of 0.08 per cent per annum. Productivity had shown increasing trend in all the states except in Rajasthan where negative growth is found at the rate of 0.40 per cent per annum. Maximum increase in the productivity was registered in Maharashtra at the rate of 7.78 per cent per annum. While the instability analysis revealed that fluctuations in the area of soybean was observed only in the state of Gujarat, whereas, Gujarat, Karnataka, Madhya Pradesh and Rajasthan production of soybean was comparatively less stable as compared to the other major states.

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Asymmetric Effects of Cereals Crops on Agricultural Economic Growth: A Case Study of India

Bansal

Kumar

Mohammad

et al. 2021

Preprint

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The study explores the asymmetric effects of cereals crops, namely wheat, rice, and maize production on agricultural economic growth in India during 1960–2019. The asymmetric ARDL method is used in this study to analyze the asymmetric relationship between the independent and dependent variables. The findings reveal a link between cereal crop growth and agricultural economic growth. The NARDL findings indicate that positive maize and rice shocks have a considerable short- and long-term influence on agricultural economic growth. In contrast, the positive shock of wheat production is not significant. While the negative shocks of maize, rice and wheat production significantly impact agricultural economic growth. In a nutshell, the study reveals that agriculture growth has an asymmetric relationship with maize, wheat and rice production. The study's findings imply that policymakers should develop long- and short-term plans to boost agricultural growth and productivity in order to help farmers.

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An Econometric Analysis of Agricultural Production and Economic Growth in India

Cited by 7 publications

References 5 publications

Asymmetric effects of cereal crops on agricultural economic growth: a case study of India

Asymmetric effects of cereal crops on agricultural economic growth: a case study of India

An Analysis of Growth Pattern and Volatility in Area, Production and Yield of Soybean in Major Producing States of India

Asymmetric Effects of Cereals Crops on Agricultural Economic Growth: A Case Study of India

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