PROFITABILITY OF ORGANIC AGRICULTURE IN INDIA – META ANALYSIS
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Date
2022-12-29
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Abstract
India has a rich history of organic farming and has tremendous potential to establish itself on both the domestic and international markets. Immediate effort must be taken to promote organic farming in order to increase our exports. In this regard, an attempt is made to provide a basic understanding of the benefits and profitability of organic agriculture as compared to inorganic agriculture across the country with this research project through an appropriate statistical model. Data was extracted from the selected 27 studies from the year 2008 to 2021 for the present study. Statistical analyses were carried out with the aid of
STATA statistical software version 2.0. The results of meta-analysis over twenty-seven studies demonstrated significant heterogeneity leading to the pooled profit of organic agriculture (Rs.3850/acre) as compared to inorganic agriculture in India. Cumulative metaanalysis demonstrated the trend of the income of organic agriculture, compared to inorganic agriculture, less then pooled estimate in early years and further reduced over years and gradually increased and stabilized later to pooled estimate of Rs.3850/acre. The sub-group analysis results indicated that the mean estimated value for the performance of organic agriculture was highest in the South region (Rs.4332.54/acre) among different regions; in sugarcane (Rs. 8135.57/acre) among different crops; in Karnataka (Rs. 7181.75/acre) among different states; and in 2017 (Rs. 7045.46/acre) among different years. The 20th study, titled Deshmukh's on Turmeric Crop, had a greater impact on the pooled estimate in an influential meta-analysis. It was therefore regarded as an outlier among the chosen studies.
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