An Empirical Analysis on India's Food Grain Cultivation, Production and Yield in Pre & Post Globalisation
M Chitra and
Chinnasamy Agamudai Nambi Malarvizhi
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M Chitra: Madurai Kamaraj University
Chinnasamy Agamudai Nambi Malarvizhi: Multimedia University
Shanlax International Journal of Economics, 2020, vol. 8, issue 3, 1-10
Abstract:
Globalization is, directly and indirectly, contributing to its effect in all sectors of an economy. The agricultural sector is not exempted from the effect of change due to globalization as a component of the primary sector and a prime sector for human survival needs. The status of self-sufficient in the production of food grain will lead a nation to make a walk of pride among the other member globally. India is an agro-economy. In other words, agriculture is the backbone of the Indian economy. So the production of food grain and its cultivation and yield should be normally high to meet out the demand of a growing population. Also, with the implementation of a policy of globalization, there might be some change in cultivation, production, and yield of food grains in India. In this paper, an attempt was made to examine/ identify the change in area under cultivation, yield, and production by using the secondary sources of data from 1970 to 2017. The selected breakeven point of time was 1991-1992. The annual growth rate pictured the change in a particular point of time; the linear and quadratic model gave the growth over the period selected for the study, and dummy used regression model presented the difference in structural change. AGR results dominated by the negative growth rate; the linear growth model for production depicts that 3.6 percentage of tons of production will be move when a year moves upward. The area under cultivation is deteriorating in AGR, and other models used gave a weakness in explanatory level concerning time for the area under cultivation of food grain. Regarding the obtained results for yield reflect that a positive change exists after globalization, even though a reduction in area under cultivation.
Keywords: Globalisation; Area under Cultivation; Production; Yield; Food grains (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:acg:journl:v:8:y:2020:i:3:p:1-10
DOI: 10.34293/economics.v8i3.3218
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