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The IUP Journal of Agricultural Economics


April '06
Focus Areas
  • Agricultural Production and Productivity

  • Agricultural Finance and Marketing

  • Development of Agro-Based Industries

  • Exports of Food. Raw Materials and Processed Foods

  • Marketing of Agricultural Products

  • Agricultural Policy and Environmental Issues

  • Natural Resources

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An Estimation of the Viability of Commercial Fishing in Botswana

Agricultural Productivity in Pacific Island Countries: Issues and Challenges
Technical Efficiency of Vegetable Production in Kerala: A Frontier Production Function Approach
Role of the Non-farm Sector in Transforming Rural India: A Study with Special Reference to Uttar Pradesh
Income, Consumption and Savings of the Rural Farm Households: A Study of Coastal Andhra Pradesh
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An Estimation of the Viability of Commercial Fishing in Botswana

-- Patricia Masego Makepe and Segametsi Raletsatsi

This study uses the traditional cost-benefit analysis to estimate the viability of commercial fishing in Botswana, using the Boiteko Syndicate in Shakawe, Botswana. The Net present Value (NPV) and Benefit Cost Ratio (BCR), indicate that commercial fishing, as practiced by the Boiteko Syndicate, is commercially viable and thus, should be encouraged and supported. The findings are supported amply by the results of the sensitivity analysis carried out in the study. The paper also indicates that in order to avoid over exploitation of freely available biological resources like fish, specific rules and regulations should be formulated, thus, ensuring the long-term sustainability of the fishing industry. This article thus provides feasible ways to aid the agricultural sector in contributing towards the diversification of the economy of Botswana.

Article Price : Rs.50

Agricultural Productivity in Pacific Island Countries: Issues and Challenges

-- Mahendra Reddy and Ron Duncan

Most Pacific Island Countries (PICs) rely heavily on the agricultural sector for food, security and source of economic growth. Thus, with the increasing population, especially in the Melanesian and Micronesian countries, and desire for higher incomes, agricultural productivity has to be increased through efficiency gains and technical progress. But, the pertinent question is; how well have they done in these areas in the past? An analysis shows that in most countries, while production in the crop and livestock sector has increased, the per capita production has decreased. Moreover, estimates of the total factor productivity reveal little gain over the past four decades. The most striking result is that, efficiency has declined in all countries considered in the study. The result of this paper is the identification of the causes of such trends, and suggestion of policy measures that can be implemented for raising agricultural productivity.

Article Price : Rs.50

Technical Efficiency of Vegetable Production in Kerala: A Frontier Production Function Approach

-- E K Thomas, S Krishnan, K Jesy Thomas and P Sreela

This study is confined to the Nemmara block of Palakkad district in Kerala, one of the major vegetable growing tracts in the district. A multi-stage random sampling procedure was adopted, and a sample of 180 growers60 farmers each for bitter-gourd, snake-gourd and ivy-gourdwas selected for the study, during 2004-05. The stochastic production function of the Cobb-Douglas form was used to determine the technical efficiency. The Mean Technical Efficiency (MTE) was worked out as the ratio of the production of ith farm to the frontier production of the same farm. For bitter-gourd, snake-gourd and ivy-gourd, the mean technical efficiencies were 0.85, 0.91 and 0.58, respectively. Technical efficiency of the individual farms varied widely between 30% and 100%.

Article Price : Rs.50

Role of the Non-farm Sector in Transforming Rural India: A Study with Special Reference to Uttar Pradesh

-- Nirankar Srivastav

This article evaluates the role of the non-farm sector in generating productive employment and reducing poverty in rural areas. An attempt has been made to analyze the recent growth of rural non-farm activities to explore the determinants and factors that might be responsible for growth. The sources of growth and nature of activities undertaken in the Rural Non-farm Sector (RNFS) are important considerations while analyzing the significance of the non-farming sector in transforming the economic life of rural households. In this regard, the inter-relationship of the RNFS employment and agricultural wages, and the degree of urbanization are highlighted in the article. The major changes in the occupational structure of RNFS, during the period 1983-84 to 1999-2000 are also examined. This article is based mainly on the unit record level data on employment and unemployment, collected by the National Sample Survey Organization (NSSO) in the 38th (1983) and 55th (1999-2000) rounds across 71 comparable rural NSS regions nationwide. The article sketches the growth of RNFS in Uttar Pradesh and examines the factors which could explain the growth, identifies the areas for further research and suggests some policy measures for improving the RNFS.

Article Price : Rs.50

Income, Consumption and Savings of the Rural Farm Households: A Study of Coastal Andhra Pradesh

-- Ch Paramaiah

This study examines the income, consumption and savings pattern of rural farm households in select three coastal districts of Andhra Pradesh. The findings of the study were that the average gross income and household expenditure are consistently higher in the developed West Godavari district, followed by the developing Prakasam district, and lowest in the moderately developed Srikakulam district. Although Srikakulam district is well-off in terms of possession of agricultural resources compared to Prakasam district, socially and culturally it is a backward district in Andhra Pradesh. Perhaps this has prompted the farm incomes of Srikakulam district to operate at a lower level of equilibrium with regard to either production or consumption.

Article Price : Rs.50
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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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