Factor Demand, Output Supply Elasticities and Supply Projections for Major Crops of India

Posted on June 29, 2011

Policy planners face the challenge of formulating suitable agricultural policy by which the required growthin domestic production can be achieved. To attain effective food security policy, one needs reliableempirical knowledge about the degree of responsiveness of factor demand and output supply for commodities. This paper is an attempt in this direction and estimates the factor demand and output supplyelasticity for major crops grown in India. These elasticities are used to project the domestic supply of majorcommodities, viz. rice, wheat, pulse grains, nine major edible oilseeds, and sugarcane under variousscenarios with and without acreage expansion and TFP growth. The results of supply projections arecompared with the food demand and policy prescription to attain food security is suggested.

Praduman , Kumar ; P., Shinoj ; S. S., Raju ; Anjani , Kumar ; Karl M., Rich ; Siwa, Msangi. (2010) Factor Demand, Output Supply Elasticities and Supply Projections for Major Crops of India.
In: Agricultural Economics Research Review. RePEc:ags:aerrae:92090.

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