Please use this identifier to cite or link to this item: https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/13606
Title: Yield and Acreage Response in Agriculture of Odisha - Some Policy Implications
Authors: Kirtti Ranjan Paltasingh
R.K.Mishra
Keywords: Agriculture
Price Elasticity
Distributed Lag Model
Weather Index.
Issue Date: 2014
Publisher: Journal of Economic Policy and Research
Abstract: In this paper the yield and acreage response of farmers in agriculture of Odisha has been analyzed. A weather index, instead of rainfall has been included to get a better representation of sensitivity of weather in the response analysis. The empirical evidence suggests that there is price inelasticity of supply in the case of rice but reverse in the case of maize. However, the elasticity of weather and irrigation are found to be significant. Therefore, the paper concludes that importance of irrigation needs to be prioritized in agricultural policies of government. The declining trend of public investment in agriculture should be made reversed and the irrigation potential through public investment needs to be emphasized so as to bring more cultivable, and under assured irrigation.
URI: http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/13606
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