Total Factor Productivity of Livestock Sector in Gujarat: Evidence of Technological Changes and Sustainable Growth of Livestock Sector

Pushpa Yadav, B.S. Chandel and Punit Agarwal

Indian Journal of Agricultural Economics, 2021, vol. Volume 76, issue Number 01

Abstract: In this study, the total factor productivity (TFP) performance of livestock sector in Gujarat has been estimated for the period of 1970-71 to 2014-15. The objectives of the paper are to analyse the technological changes and growth of livestock output. For this purpose index number approach namely Tornqvist Theil approximation to Divisia Index was employed. The results revealed that overall average annual growth rate of livestock TFP index in Gujarat remained at3.13 per cent at constant prices of 2004- 05. The contribution of output growth stood at 12.13 per cent at current prices and 3.19 per cent at constant prices respectively during the study period. The results further indicated that productivity growth has been a significant factor in the performance of livestock sector in Gujarat over the last 45 years. The analysis also reveals that TFP remained negative during the period of 1980-90 due to four severe drought years in the period. Then it started increasing and reached the level of 11.05 per cent during 1990-2001, which was the maximum growth of TFP across the past 45 years. An in-depth study on further investment on livestock inputs and services would be useful to policy makers through higher allocation of resources for the development of livestock research in Gujarat.

Keywords: Food Security and Poverty; Livestock Production/Industries; Productivity Analysis (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ags:inijae:345156

DOI: 10.22004/ag.econ.345156

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