Agriculture is a Cause of Sub-Optimal Measurement in National Accounts Statistics

Kiran Yadav

No gby6t, SocArXiv from Center for Open Science

Abstract: This paper examines the selected domain of agricultural statistics in India, and how it causes the sub-optimal measurements in national accounts statistics. The agriculture sector has a major role in GDP and also provides more than half of the total workforce their livelihood. Many of the state economies depend on agricultural-based activities. Hence, it is crucial to check the reliability of agricultural statistics and its correct measurement in national accounts for the correct valuation of the economy. The paper discusses the evolution of National Accounts Statistics in India and its embedment with the agriculture sector. The paper further discusses the statistics related to the land use and yield of crops and, - the method and sources used to collect this data. It also discusses the gap of checking the agricultural database and the challenges in the methodology used to estimate the sector contribution in national accounts

Date: 2020-06-24
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:gby6t

DOI: 10.31219/osf.io/gby6t

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