Disparity in the wages of agricultural labourers in India: An interval-valued data analysis
This study explores the interval-valued data analysis techniques to witness the spatial disparity in the wage rates of farm labourers in India. Farm labourers constitute more than half of the total workforce engaged in Indian agriculture. Also, farmers' expenses towards labour charges account...
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| Format: | Article |
| Language: | English |
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Indian Council of Agricultural Research
2018-06-01
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| Series: | The Indian Journal of Agricultural Sciences |
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| Online Access: | https://epubs.icar.org.in/index.php/IJAgS/article/view/80644 |
| _version_ | 1797772266411393024 |
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| author | B S YASHAVANTH ARNAB KUMAR LAHA |
| author_facet | B S YASHAVANTH ARNAB KUMAR LAHA |
| author_sort | B S YASHAVANTH |
| collection | DOAJ |
| description |
This study explores the interval-valued data analysis techniques to witness the spatial disparity in the wage rates of farm labourers in India. Farm labourers constitute more than half of the total workforce engaged in Indian agriculture. Also, farmers' expenses towards labour charges account for more than 50 per cent of the total variable cost of production for most crops.Using the time series data on the nominal farm wage rates paid at different agriculturally important states, the interval-valued series are built. The inflation-adjusted real wage rates are found and both nominal and real wage rate data are used to find the average range of the farm wage rates over the agricultural years for a decade. Using the time series analysis techniques, viz. autoregressive integrated moving average-artificial neural network (ARIMA-ANN) hybrid model and vector autoregressive moving average (VARMA) model, the interval-valued data on nominal wage rates are modelled and the best model for forecasting is identified using forecast evaluation methods. The results established the presence of spatial disparity and the forecasts indicated that this disparity is not going to narrow down in future unless some policy intervention takes place.
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| first_indexed | 2024-03-12T21:49:39Z |
| format | Article |
| id | doaj.art-df509b306d89496f94c168e7ad11c782 |
| institution | Directory Open Access Journal |
| issn | 0019-5022 2394-3319 |
| language | English |
| last_indexed | 2024-03-12T21:49:39Z |
| publishDate | 2018-06-01 |
| publisher | Indian Council of Agricultural Research |
| record_format | Article |
| series | The Indian Journal of Agricultural Sciences |
| spelling | doaj.art-df509b306d89496f94c168e7ad11c7822023-07-26T06:50:40ZengIndian Council of Agricultural ResearchThe Indian Journal of Agricultural Sciences0019-50222394-33192018-06-0188610.56093/ijas.v88i6.80644Disparity in the wages of agricultural labourers in India: An interval-valued data analysisB S YASHAVANTH0ARNAB KUMAR LAHA1Scientist, ICAR-National Academy of Agricultural Research Management, Hyderabad 500 030Professor, Indian Institute of Management, Ahmedabad 380 015 This study explores the interval-valued data analysis techniques to witness the spatial disparity in the wage rates of farm labourers in India. Farm labourers constitute more than half of the total workforce engaged in Indian agriculture. Also, farmers' expenses towards labour charges account for more than 50 per cent of the total variable cost of production for most crops.Using the time series data on the nominal farm wage rates paid at different agriculturally important states, the interval-valued series are built. The inflation-adjusted real wage rates are found and both nominal and real wage rate data are used to find the average range of the farm wage rates over the agricultural years for a decade. Using the time series analysis techniques, viz. autoregressive integrated moving average-artificial neural network (ARIMA-ANN) hybrid model and vector autoregressive moving average (VARMA) model, the interval-valued data on nominal wage rates are modelled and the best model for forecasting is identified using forecast evaluation methods. The results established the presence of spatial disparity and the forecasts indicated that this disparity is not going to narrow down in future unless some policy intervention takes place. https://epubs.icar.org.in/index.php/IJAgS/article/view/80644Interval-valued dataSpatial disparityTime seriesWage rate |
| spellingShingle | B S YASHAVANTH ARNAB KUMAR LAHA Disparity in the wages of agricultural labourers in India: An interval-valued data analysis The Indian Journal of Agricultural Sciences Interval-valued data Spatial disparity Time series Wage rate |
| title | Disparity in the wages of agricultural labourers in India: An interval-valued data analysis |
| title_full | Disparity in the wages of agricultural labourers in India: An interval-valued data analysis |
| title_fullStr | Disparity in the wages of agricultural labourers in India: An interval-valued data analysis |
| title_full_unstemmed | Disparity in the wages of agricultural labourers in India: An interval-valued data analysis |
| title_short | Disparity in the wages of agricultural labourers in India: An interval-valued data analysis |
| title_sort | disparity in the wages of agricultural labourers in india an interval valued data analysis |
| topic | Interval-valued data Spatial disparity Time series Wage rate |
| url | https://epubs.icar.org.in/index.php/IJAgS/article/view/80644 |
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