Interlinking! of Credit and Commodity Markets in Karnataka

Asha Maheshwari

Journal of Social and Economic Development, 1999, vol. 2, issue 1, 128-146

Abstract: Prior to the expansion of the institutional sector. credit to agriculture was mainly provided by landlords, moneylenders and traders. Many a time all of these were the same person. The unequal bargaining position of small cultivators/tenants against the powerful classes in the village makes for interlocked markets. which leads to stagnation In agrlculture. In Karnataka, the foodgrain sector stagnated in the eighties The paper investigates whether this sragnatlon was due to interlinked markets. The results show that expansion of the institutional credit sector, abolition tenancy and other interventions by the State weekened the interlockedness of markets in Karnataka. Whatever interlockedness persisted in the elghties was not explorative, and hence not responsible for the stagnation in the foodgrain sector in the eighties.

Date: 1999
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.isec.ac.in/JSED_v2_i1_128-146.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sch:journl:v:2:y:1999:i:1:p:128-146

Access Statistics for this article

More articles in Journal of Social and Economic Development from Institute for Social and Economic Change, Bangalore Contact information at EDIRC.
Bibliographic data for series maintained by B B Chand ().