Agriculture, Growth, and Redistribution of Income: Policy by N. S. S. Narayana

By N. S. S. Narayana

This publication provides an empirically envisioned utilized basic equilibrium version for India and the research of quite a lot of coverage concerns performed utilizing the version. some of the chapters within the ebook care for public distribution regulations, international alternate and reduction guidelines, rural works programmes, phrases of exchange guidelines, fertilizer subsidy guidelines and irrigation improvement regulations. those guidelines are analysed by way of their quick and medium time period results on creation, intake and costs of other commodities, at the development of the financial system in addition to at the distribution of source of revenue between varied teams in rural and concrete components and the prevalence of poverty within the economic system. every one bankruptcy facing coverage research describes the analytical matters concerned, the historic context and event of the coverage involved, result of the version eventualities and the coverage insights that emerge

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Additional info for Agriculture, Growth, and Redistribution of Income: Policy Analysis With a General Equilibrium Model of India

Sample text

Y i o g (GIA),] + (12) As a fu^t step, equation (8) was estimated for all die major sixteen crops using Box-Jenkins mediodology* and die estimates of expected revenues and rela­ tive revenues from (11) were computed. In the next step, diese estimates were 8 See Box and Jenkins (1970). AGRI Model 29 used in esumating (12). For diese results, and their detailed discussion, the reader is referred to Narayana and Parikh (1981). In the case of minor crops (k = 18,25), the following model was estimated.

8% in die case of a heavily indebted country such as Brazil. 7) years in 1980. Infant mortality during die same period declined from 175 per 1000 live births to 115 (Visaria, 1987). A Policy Model for Agriculture, Growth and Redistribution of Income (AGRI Model) TECHNICAL DESCRIPTION The model wc have constructed is described in diis chapter. We call die model AGRIM as an acronym for 'agriculture, growth and redistribution of income model'. In our model there are two broad groups of commodities: agriculture and non-agriculture.

Unfortunately, the data base of the Indian livestock sector is weak. We have a few livestock censuses conducted once in five years. Though FAO's Supply Utilization Accounts give a time series information, the reliability of their data is not fully established. CSO*s National Accounts Statistics give time series data on ouφuts o f ^ e Hvestock sector, but only in value terms and not in physical units. Lack of reliable data precluded any attempt at rigorous econometric estimation. 6. Also, the relative composition between cows in milk, total breed­ ing cows and total cattle has been almost constant over time, as with buffa­ loes in the total animal stock (cattle and buffaloes working and breeding).

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