Decomposition of Technical Change and Productivity Growth in Indian Agriculture Using Non-Parametric Malmquist Index
The present study endeavors to analyze the rate of total factor productivity growth and technical progress of Indian Agriculture between the period 1971 to 2004, using a Data Envelopment Analysis. It has been observed that that the productivity growth of Indian agriculture is negative, thus confi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Ala-Too International University
2012-05-01
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| Series: | Eurasian Journal of Business and Economics |
| Subjects: | |
| Online Access: | http://www.ejbe.org/EJBE2012Vol05No09p187SINGH-SINGH.pdf |
| Summary: | The present study endeavors to analyze the rate of total factor productivity growth
and technical progress of Indian Agriculture between the period 1971 to 2004, using
a Data Envelopment Analysis. It has been observed that that the productivity
growth of Indian agriculture is negative, thus confirms that the entire output
growth is contributed by input growth. The decomposition of productivity growth
into efficiency change and technical progress reveals that the efficiency change is
positively contributing towards the growth of productivity whereas, the negative
growth of technology restrict the potential productivity growth in Indian
agriculture. Further, it has also been observed that efficiency change is insignificant
whereas, the technical change is of Hicks non-neutral type in Indian agriculture. |
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| ISSN: | 1694-5948 1694-5972 |