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Terms of Trade for Selected Crops in Rajasthan: Insights on Farmers’ Complex Crop Choice Behaviour

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Title Terms of Trade for Selected Crops in Rajasthan: Insights on Farmers’ Complex Crop Choice Behaviour
Not Available
 
Creator Dinesh Kumar
Madhu Sharma
B. L. Manjunatha
Dipika Hajong
 
Subject Comparative advantage
Farming system
Farm harvest price
Minimum support price
Opportunity cost
Parity index
Procurement price
 
Description Not Available
This study estimated the Terms of Trade (TOT) between the input and output prices for
pearl millet, wheat, paddy and gram crops cultivated in Jaipur, Sri Ganganagar, Hanumangarh
and Ajmer districts respectively in Rajasthan state for the period 1996-97 to 2018-19. It
was found that the Compounded Annual Growth Rate (CAGR) of Procurement Price Index
(PPI) and Farm Harvest Price Index (FHPI) have increased consistently for all crops with
a CAGR ranging from 5-8 per cent p.a. The CAGR of Composite Input Price Index (CIPI)
was always higher (ranging from 6-8% p.a.) than the PPI and FHPI indicating that the
input prices have increased at a much higher rate than the output prices during the study
period. Analysis revealed that TOT (ratio of PPI to CIPI and ratio of FHPI to CIPI) for
all crops for most of the years was unfavourable (
Not Available
 
Date 2022-03-27T07:14:36Z
2022-03-27T07:14:36Z
2022-03-26
 
Type Research Paper
 
Identifier Not Available
Not Available
http://krishi.icar.gov.in/jspui/handle/123456789/70726
 
Language English
 
Relation Not Available;
 
Publisher Indian Society of Extension Education