ACREAGE RESPONSE OF MAJOR CROPS IN NAGPUR DISTRICT.
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Date
2019-09-05
Authors
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Publisher
Dr. Punjabrao Deshmukh Krishi Vidyapeeth, Akola, Maharashtra.
Abstract
The present study entitled “Acreage response of major crops in Nagpur district” was undertaken to know rate of growth in area, magnitude of instability, acreage response and price elasticity of major crops. The study has been taken in Nagpur district. Data pertains for the year 2002-03 to 2016-17.
The decomposition analysis and regression model in the form of Nerlovian lagged adjustment model (1958) was used in the present study. The study calculated that, the growth rate for area and production under major crop was positive except soybean crop in Nagpur district for the study period and statically significantly. The instability of area, production and yield in major crops was estimated for Nagpur district. It was observed that more fluctuation. It may be because the crops largely depend on vagaries of nature which cause heavy losses. Per cent contribution of area effect was found most responsible factors for increasing the production of wheat, gram and cotton in Nagpur district. Interaction effect was positive for all the crops except soybean.
The Nerlovian lagged adjustment regression model revealed that, the coefficient of farm harvest price in soybean, paddy and cotton significance at 1 per cent level. The lagged acreage variable was found significant in soybean and gram for Nagpur district with 1 per cent level of significance. Yield risk variable had a negative and statistically insignificant response in paddy, wheat and gram of Nagpur district and positive insignificant in soybean and cotton of Nagpur district which shows farmers are relatively better risk bearers. Long run price elasticity was comparatively higher than the short run price elasticity in some crop indicated that the farmers were relatively market oriented in their decisions in the long run than in the short run in respect to the major crops.
Description
The present study entitled “Acreage response of major crops in Nagpur district” to know rate of growth in area, magnitude of instability, acreage response and price elasticity of major crops. The study has been taken in Nagpur district. The secondary data for 15 years was collected from different authorized sources for the 15 years from the year 2002-03 to 2016-17. Results shows that, the area of cotton increase and area of soybean is decrees during study period.
Keywords
Crop, growth rate, economic analysis, agriculture prices, profit.
Citation
KHUNE, GIRISH VINAYAK. (2019). Acreage response of major crops in Nagpur district. Department of agricultural economics and statistics, Nagpur. Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola. M. Sc. 2019. Print. x, 65p. (unpublished).