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Estimation of Acreage Response of Major Crops in Haryana using Co-integration Approach

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Title Estimation of Acreage Response of Major Crops in Haryana using Co-integration Approach
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Creator Vikas, Veena Manocha and S.K. Goyal
 
Subject Crops, Acreage response function
 
Description Not Available
The present study is an attempt to estimate the acreage response functions for major crops
in Haryana within the framework of co integration and error correction model and to
compare the short-run and long-run supply elasticities of major crops. The long-run
acreage response to lagged price was positive and significant in the case of rice, rapeseedmustard
and sugarcane with elasticity values 0.19, 0.22 and 0.29, respectively. In case of
other crops except bajra and gram, very low positive but non-significant price elasticities
have been observed. In the short-run, lagged price elasticities were found to be positive for
all the crops. However, the positive significant values have been observed in case of
rapeseed-mustard, sugarcane and bajra only. The long-run acreage response to lagged year
yield was found to be positive and significant in case of rice, wheat and cotton (Am.) with
elasticity values 0.26, 0.18 and 0.29, respectively. Irrigation elasticity has been observed to
be positive for all the crops in the long-run, while it is positive for all the crops except
gram and rapeseed-mustard in the short-run. However, only wheat and sugarcane are
found to be positively and significantly responsive to irrigation in the long-run as well as
short-run.
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Date 2021-07-28T10:39:25Z
2021-07-28T10:39:25Z
2018-03-01
 
Type Research Paper
 
Identifier Not Available
Not Available
http://krishi.icar.gov.in/jspui/handle/123456789/50791
 
Language English
 
Relation Not Available;
 
Publisher Not Available