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The IUP Journal of Agricultural Economics

January '05
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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Input Demand, Factor Shares and Price-cost Relation: The Case of Paddy in Andhra Pradesh
Production and Per Capita Availability of Food Grains in India - An Analysis
Structural Characteristics of Agriculture of the Scheduled Castes and Scheduled Tribes Population in Anantapur District
Growth and Elasticity of Employment in the Indian Agricultural Sector: An Empirical Exercise
Suitable Microenterprise and Appropriate Training: A Vehicle for Economic Empowerment of Rural Women
Comparing the Optimal Depletion Time for a Non-renewable Resource Under Malthusian Flow Scarcity Conditions and Malthusian Stock Scarcity Conditions
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Input Demand, Factor Shares and Price-cost Relation: The Case of Paddy in Andhra Pradesh

-- P Prudhvikar Reddy and S Galab

This study compares the input demand, factor shares and price-cost relation of the cost of cultivation of south coastal Andhra Pradesh (zone-2) with a well endowed zone in canal irrigation and Rayalaseema (zone-3) with a dry zone depending upon lift irrigation. This study uses the cost of cultivation data from 1981-82 to 1999-2000 collected under the comprehensive scheme on cost of cultivation of principal crops spread over five agro-climatic zones of Andhra Pradesh. This paper reveals that the comparison of short-run and long-run elasticities of human labor and fertilizers indicate contrasting scenarios, i.e., a rise in wage reduces the labor use per hectare relatively more in wet land zones, while a rise in the price of fertilizers reduces their use relatively more in dry land zones. Further, this study proves that there has been a more continuous increase in the use of modern inputs than traditional inputs across all the zones and at the state level. The authors conclude that the spread of yield-increasing technology with better output prices played a significant role in bringing other zones on par with zone-2, at least after the late 1980s, reducing the inter-regional variations.

Article Price : Rs.50

Production and Per Capita Availability of Food Grains in India - An Analysis

-- L Krishna Veni and G Alivelu

This study examines the composition of food grains production in India during 1950-51 to 2002-03, both at aggregate and disaggregate level and demonstrates that cereals, including rice, wheat and coarse cereals have indicated the growth rate of 48.93 during 1950-51 to 2002-03. Among cereals, the production of rice recorded major growth when compared to wheat and coarse cereals. This paper discloses that the production of pulses has indicated a dissatisfactory picture with frequent fluctuations. State-wise analysis of food grains in India recorded some interesting results during the period under consideration. Among 28 States, Andhra Pradesh maintained supremacy in the production of rice. Uttar Pradesh remained on the top in the production of wheat and pulses. In the production of coarse cereals, Maharashtra occupied the top place. The per capita availability of cereals per day has been maintaining the required levels. But the per capita availability of pulses per day has been lower than the average daily requirement of 67.95 grams per head during the study period. However, the study indicates a warning signal of scarcity in the production of pulses. It also demonstrates that net availability of cereals is not adequate to meet the growing needs of the growing population. Hence, the importation of food has become inevitable in India. The authors suggest certain measures to solve the imbalances in the production of food grains and to improve the per capita availability of food in the country.

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Structural Characteristics of Agriculture of the Scheduled Castes and Scheduled Tribes Population in Anantapur District

-- K Dasaratharamaiah, Y V Ramanaiah and M Rupa Rani

The backwardness of the scheduled caste and scheduled tribe population is primarily attributed to their long isolation from the use of natural resources, their exploitation as well as material development. Agriculture is the main source of livelihood for these people. Several special programs have been initiated and implemented for the development of agriculture in the case of scheduled castes and scheduled tribes. In this context, the present paper is an attempt to examine the structural characteristics of the agriculture of scheduled castes and tribes and to bring out the relationship between socioeconomic and agro-geographic factors with the help of Common Factor Analysis.

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Growth and Elasticity of Employment in the Indian Agricultural Sector: An Empirical Exercise

--M Upender and M Aruna

The present empirical exercise tries to look at the growth rate of employment and the responsiveness of employment in agriculture and allied activities to the changes in total employment in the organized sector during pre- and post-economic reform periods, by estimating a demand function for employment with an interaction variable. The results of the exercise based on the time series data points from the 1970 to 2002 period, which illustrate that the differential growth rate of employment in agriculture and allied activities is negative, both in private and public organized sectors. The results also show that differential elasticity of employment in agriculture and allied activities in the public sector is positive but insignificant, showing the absence of shift in the magnitude of employment elasticity during the post-economic reform period. The differential elasticity of employment in agriculture and allied activities in the private sector and total organized sector is significantly negative during the post-reform period, showing the fact that reforms have deteriorated the employment opportunities in agriculture and allied activities in the Indian economy.

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Suitable Microenterprise and Appropriate Training: A Vehicle for Economic Empowerment of Rural Women

-- Trilochan Tripathy and Bedabati Mohanty

This paper attempts to probe into the fact that with the promotion of suitable microenterprise and appropriate training, women microentrepreneurs can be empowered. It is observed in the course of this study that microenterprises are highly location-specific. Nonetheless, the role of training is important in economically empowering rural women microentrepreneurs, as a result of which they enjoy greater efficiency in promoting and managing the enterprise, and thereby, enhance their income. Thus, selecting the right type of microenterprise and imparting necessary training to the rural women to start such enterprises will enable rural women to become economically and socially independent. Based on the findings, a range of strategic interventions such as cheap credit facilities, information about microenterprises suitable for that specific area, appropriate training for production and management and marketing links have to be provided to the women in the rural setup so as to empower them.

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Comparing the Optimal Depletion Time for a Non-renewable Resource Under Malthusian Flow Scarcity Conditions and Malthusian Stock Scarcity Conditions

-- Philip Lawn

In conventional terms, the optimal price, extraction quantity, and depletion time of a non-renewable resource is based on the Hotelling (1931) Rulealso referred as Malthusian Flow Scarcity conditions. Since any measure of resource scarcity should account for the need to sustain income-generating capital, an additional "user cost" overlooked under Malthusian Flow Scarcity conditions ought to be incorporated into the price of a non-renewable resource. The incorporation of the user cost not only leads to the eventual establishment of a replacement capital asset, but also slows the rate of non-renewable resource depletion. Hence, compared to Malthusian Flow Scarcity conditions, non-renewable resource depletion under so-called Malthusian Stock Scarcity conditions prolongs the life of the resource.

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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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