Abstract
Considering the production function framework this note examines the contributions of land, credit-financed investment, and technological change to agricultural production during pre and post-Green Revolution (GR) phases. The contributions of cretit-financed investments and technological chanage significantly improved in post-GR phase. The post-GR phase witnessed land and labour with complementary capital augmenting technological change. This enabled the increase in absolute contribution of self-financed invesments which accounted for an overwhelming share. Thus, policies related to credit, public investment in agriculture and R&D must not only be sustained but accelerated.
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | CMA0725 |
| Title | Interplay of Institutional Credit, Self-Finance and Technological Change in Indian Agriculture |
| Pages | 15 |
| Published on | Jan 1, 1995 |
| Authors | Desai, Bhupat M; Namboodiri, N V; |
| Area | Centre for Management in Agriculture (CMA) |
| Discipline | Finance |
| Sector | Agriculture and Animal Husbandry |
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