Persistence of small-scale, family farms in India: A note
Debarshi Das
The Journal of International Trade & Economic Development, 2007, vol. 16, issue 3, 401-410
Abstract:
The paper analyses the proliferation of small scale family farms in India. It contends that widespread involuntary unemployment in the rural economy is the chief reason for this phenomenon. The problem can be considered as that of coordination failure. The paper attempts to show that such a problem can be overcome through planned, investment promotion by the state, which by reducing unemployment induces the entry of capitalist farmers.
Keywords: Family farming; capitalist farming; unemployment; externality; returns on investment; co-ordination problem (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jitecd:v:16:y:2007:i:3:p:401-410
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DOI: 10.1080/09638190701527004
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