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The IUP Journal of Agricultural Economics


July '06
Focus Areas
  • Agricultural Production and Productivity

  • Agricultural Finance and Marketing

  • Developmentof AgroBased Industries

  • Exports of Food. Raw Materials and Processed Foods

  • Marketing of Agricultural Products

  • Agricultural Policy and Environmental Issues

  • Natural Resources

Articles
   
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The Importance of Intellectual Property Rights in the International Spread of Private Sector Agricultural Biotechnology
Smallholder Rice Farms in Ghana: An Analysis of Technical Efficiency based on Different Farming Systems and Gender
Factors Influencing the Yield of Paddy in Assam: An Econometric Analysis
Measurement of Growth Trend: An Econometric Study of Foodgrains Production in West Bengal
Agricultural Productivity in Orissa: A Spatiotemporal Analysis
Food Security and Consumption Patterns in Botswana: Analysis based on Recent National Household Budget Survey
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The Importance of Intellectual Property Rights in the International Spread of Private Sector Agricultural Biotechnology

--Carl E Pray, Ramu Govindasamy and Ann Courtmanche

The purpose of this study is to provide an overview of the current status of research and commercial use of Genetically Modified (GM) crops worldwide, and quantify the importance of various policies, particularly intellectual property rights, in the spread of biotechnology research in commercial products. It is evident from available data that most of the applied agricultural biotech research is conducted by the private sector, of which, a substantial contribution is by multinational corporations. Econometric analysis suggests that plant breeders' rights and the ability to patent plants are associated with the spread of applied biotech research.

Article Price : Rs.50

Smallholder Rice Farms in Ghana: An Analysis of Technical Efficiency based on Different Farming Systems and Gender

--AlHassan Seidu, D B Sarpong and S AsumingBrempong

This study examines the farmspecific technical efficiency of smallholder rice farmers in the Upper East region of Ghana, during the cropping year 200203. Farmspecific technical efficiency is estimated by stochastic production frontier function, using the maximum likelihood estimation method. The results show that smallholder rice farmers are technically inefficient as they produce about 34% on an average, which is far below the maximum output. The most striking result is the significant difference between the mean technical efficiency for irrigators and nonirrigators, as well as the male and female farmers. The availability of credit, family size and nonfarm employment significantly determine the technical efficiency of smallholders. In conclusion, the authors suggest that the provision of education and credit, particularly towards women farmers should be accelerated, in order to improve technical efficiency of rice farmers.

Article Price : Rs.50

Factors Influencing the Yield of Paddy in Assam: An Econometric Analysis

--Kishor Goswami and Bani Chatterjee

Analysis of the relationship between inputs and outputs is an important challenge for agricultural researchers to know whether the observed fluctuation in crop output can be explained properly through various factors involved in the process. This study analyzes the impact of factors such as fertilizers, highyielding varieties (HYVs), irrigation, rainfall, floods, etc., on the yield of paddy in Assamthe gateway of NorthEastern India. This study uses linear, loglin, and loglinear (CobbDouglas) functional forms to analyze the data. The results show that fertilizers have a positive and significant impact on both the Kharif and Rabi paddy. For a unit increase in fertilizer, about 14% increase in the yield of Kharif paddy was observed during the period of 197172 to 19992000. Except flood, the impact of all other independent variables, viz., proportion of area under HYVs and rainfall are positive. Hence, flood proved to be a major limiting factor in the yield of Kharif paddy; while in the case of Rabi paddy, except irrigation, the impact of all other independent variables are positive on the yield.

Article Price : Rs.50

Measurement of Growth Trend: An Econometric Study of Foodgrains Production in West Bengal

-- Kakali Majumdar and Partha Basu

This paper analyzes the growth pattern of foodgrains production in West Bengal for the period of 197071 to 19992000. Goodness of fit has been tested for functional forms, viz., linear, exponential, log quadratic, parabolic, etc., both in the simple and kink (double) forms. The results show that in most of the districts, and the State as a whole, double kink linear form is the best fitted functional form. While the first trend break is always positive, the second one is generally negative. In the State, as a whole, both the positive and negative trendbreaks are significant, though there are districtwise variations. Performance during the 1990s is a matter of concern. Not only has there been a decline in the absolute growth in 199192, but since then, the relative growth rate has been declining over the decade in view of the linearity of the growth rate of foodgrains production in West Bengal.

Article Price : Rs.50

Agricultural Productivity in Orissa: A Spatiotemporal Analysis

--Manoranjan Pattanayak

Agriculture is the mainstay of Orissan economy. Nearly, 30% of its Net State Domestic Product (NSDP) comes from agriculture and 75% of the total workforce depends on agriculture. This paper analyzes the nature of structural change in Orissa and the Intersectoral variation in contribution to Gross Domestic Product. As the major focus of the study is productivity, districtwise agricultural productivity has been measured to estimate the interdistricts differences. The results show that structural transformation has many negative consequences on the social fabric as well as economic standard of the people. Furthermore, low productivity of agriculture in the State and high interdistrict variation in agricultural productivity are mainly due to the huge variation in input use and natural calamities. This paper provides the longterm sustainable solution through improved agricultural productivity and concrete policy decisions to reduce inter district disparity.

Article Price : Rs.50

Food Security and Consumption Patterns in Botswana: Analysis based on Recent National Household Budget Survey

-- S M Kapunda

This article analyzes the consumption patterns in Botswana, paying special attention to food consumption patterns and food security in line with poverty alleviation. Engel's Law has been found to be generally applicable to the Botswana's economy. At the national level, household allocation on food consumption decreased from about 35% in 199394 to 33% in 200203. Furthermore, the food shares are higher in rural areas than urban areas since the former has lower income than the latter. Despite the existence of food security at the national level, there is incidence of food insecurity especially in rural areas where households allocate about 88% of their disposable income on food and only 12% on non food items. There is also a tendency of poor consumers to spend on expensive assets and other household items, probably sometimes, at the expense of food security. This, however, needs further research and it is also recommended that relevant government agencies, NGOs, media and others should make more efforts in implementing food security policies especially in rural areas. They should also educate the poor consumers against free consumerism at the expense of food security. This is in line with the national longterm goal of eradicating poverty and food insecurity by the year 2016. Although the study focuses on Botswana, some of the recommendations made are possibly relevant in less developed countries.

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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