The Transition of Punjab Agriculture: A Choice of Technique Approach

Anya M. McGuirk and Yair Mundlak

American Journal of Agricultural Economics, 1992, vol. 74, issue 1, 132-143

Abstract: The introduction of modern crop varieties in Punjab, India, led to rapid income growth. Adoption rate and level of the new varieties is examined using a choice-of-technique approach, in which techniques of production are identified by crop variety, season of growth, and method of production. Modeling the dynamic effects of technology, resource availability, and incentives reveals a consistent picture of the transition process. The results show the importance of incentives and availability of quasi-fixed inputs such as irrigation, fertilizers, and roads. By the late 1970s, the long-run aggregate supply elasticity was between 1.3–1.5.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:74:y:1992:i:1:p:132-143.

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