Total factor productivity of major crops in central India

Olayiwola O.O., Awasthi P.K. and Raghuwanshi N.K.
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Olayiwola O.O.: Jawaharlal Nehru Krishi Vishwa Vidyalaya Agricultural University
Awasthi P.K.: Jawaharlal Nehru Krishi Vishwa Vidyalaya Agricultural University
Raghuwanshi N.K.: Jawaharlal Nehru Krishi Vishwa Vidyalaya Agricultural University

Russian Journal of Agricultural and Socio-Economic Sciences, 2015, vol. 37, issue 1, 17-22

Abstract: The study estimated total factor productivity for principal crops in Madhya Pradesh using time series secondary data on area, production productivity of major crops in Madhya Pradesh. The Malmquist model is selected over Tornqvist model for the study because of stationality and redundancy problem associated with time series. Structural changes occurred in area and production of principal crops during the specific period of time due to policy effect and autonomous production as well. The variability in the total outputs and total inputs index was due to exploitation of available production potential in the state. Malmquist total factor productivity index explained the stages of production in Madhya Pradesh over periods of time. Post global and combine periods were better as compared with pre global period. Total factor productivity is a comprehensive measure of productivity and has gained acceptance among government officers, policy makers, productivity specialist and economist.

Keywords: PRODUCTIVITY; CROPS; CENTRAL INDIA (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:scn:031261:16082010

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