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The IUP Journal of Agricultural Economics


April '07
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
Articles
   
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Productivity Impact of Improved Maize Varieties in the Eastern Region of Ghana
Trends of Food Grain Production and its Modern Inputs (1968-2002): An Empirical Study in West Bengal
An Econometric Analysis of Cotton Crop: A Study in Guntur District of Andhra Pradesh
The Cashew Nut Industry in India: Growth and Prospects
Determinants of Wage Earnings in Uganda
     
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Productivity Impact of Improved Maize Varieties in the Eastern Region of Ghana

-- Ramatu M Al-Hassan, John Baptist Jatoe and Awere Ansong Dankyi

Traditional varieties of maize yields attained by farmers in Ghana are still far below the potential of the new varieties. This raises questions about the technical superiority of the new varieties over the traditional ones and whether the new varieties are being adopted in cultivation. The paper attempts to estimate the efficiencies of the improved varieties to the traditional ones with yield functions and factor payments. Determinants of adoption of new varieties and fertilizer are also assessed with binomial logit models. The results reveal that the plots planted with the traditional varieties have lower residual payments to fixed inputs than the new varieties, mainly due to low yields. It is evident from the results that only the third generation improved varieties have a higher technical efficiency than the traditional ones. Subsistence farmers, tenant farmers, and those in the forest zone are less likely to adopt the improved varieties and fertilizers. However, the study suggests that the performance of improved varieties can be enhanced with higher seed and fertilizer application rates.

Article Price : Rs.50

Trends of Food Grain Production and its Modern Inputs (1968-2002): An Empirical Study in West Bengal

-- Bipasha Maity and Bani Chatterjee

West Bengal, a predominantly food grain producing state, witnessed an upsurge in the food grain production mainly because of the introduction of the seed-fertilizer-irrigation technology in the post-green revolution period. However, food grain production in West Bengal gained rapid momentum only in the 1980s, which was reversed by an equally alarming fall in production in the 1990s. Against this backdrop, the paper reviews the performance of West Bengal's food grain production over time. It takes into account the findings of the earlier studies and then compares them with the present study to identify the possible reasons for the slower growth performance in the 1990s, and the implications for sustainable growth and national food security.

Article Price : Rs.50

An Econometric Analysis of Cotton Crop: A Study in Guntur District of Andhra Pradesh

-- V Balakrishnama Naidu and A Siva Shankar

Cotton is so remunerative as a commercial crop that farmers, even in agro-climatic zones not suitable for cotton cultivation, grow cotton. This scenario underwent a change during the recent years. Due to heavy borrowing, over-investment in inputs and frequent crop failure, the cotton growers in India had to suffer severe and unbearable hardships. Many cases of suicide were recorded from different parts of the country among cotton growers. This study is based on the cotton cultivation in the Guntur district of Andhra Pradesh. Guntur district is purposively chosen for the study in view of the importance attached to this district with respect to cotton growing. Against this backdrop, this paper makes an attempt to probe into the economic aspects of production and productivity of cotton crop by using the Cobb-Douglas production function. It is observed that the multiple coefficient of determination is significant at the 1% level for all the categories of farmers, indicating that there is significant contribution of all independent variables to the farm output of the sample farmers. It is also evident that the large farmers are more benefitted from per rupee investment in cotton cultivation, compared to other categories of sample farmers. Finally, the study suggests certain measures for the profitability of the cotton crop.

Article Price : Rs.50

The Cashew Nut Industry in India: Growth and Prospects

-- D Vellingiri and D Thiyagarajan

The study makes an attempt to assess the overall profile of the Indian cashew industry, particularly in terms of production and exports. The results indicate that cashew production in India has been fluctuating during the recent years. It is evident from the study that Maharashtra produces more cashew compared to the other states in India, as its average productivity and the area under cashew cultivation are more than that of the other states. The Indian cashew kernel is highly appreciated in other countries for good quality, taste, and appearance; and is consumed in more than 60 countries across the world. The United States, the United Kingdom, the Netherlands, Japan, Australia, Canada, Germany, Hong Kong, Singapore, New Zealand, and the Middle East countries are the major export markets for Indian cashew nuts. In spite of its significant growth, the cashew industry in India has been suffering from poor quality of cashew grown in some states, which is mainly due to wrong harvesting technique, unsatisfactory drying of the nuts and inadequate storage and warehouse facilities for storing dried cashew nuts. Thus, the paper suggests that the cashew industry needs certain incentives to achieve a higher growth rate of production as well as exports in future.

Article Price : Rs.50

Determinants of Wage Earnings in Uganda

-- Francis Nathan Okurut and Sarah Ssewanyana

The study investigates the factors that influence the wage earnings in the public and private sectors in Uganda in the economic reform period, using the household survey data for 1992-93, 1999-2000 and 2002-03. The results suggest that wage earnings are positively and significantly influenced by the level of education, age, geographical location, and the economic sector of employment. This study uses the Mincerian-type wage model to calculate the share of individual endowments and their impact along with the selection effect in explaining the wage differentials between the public and private sectors. The findings of this study suggest that the differences in educational attainment in the reform period have played a very important role in widening the public sector - private sector wage gap. The results are consistent with empirical literature obtained from other developing 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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