By N. S. S. Narayana
This ebook provides an empirically predicted utilized normal equilibrium version for India and the research of quite a lot of coverage matters performed utilizing the version. a number of the chapters within the booklet take care of public distribution regulations, overseas alternate and reduction regulations, rural works programmes, phrases of exchange regulations, fertilizer subsidy regulations and irrigation improvement rules. those guidelines are analysed by way of their speedy and medium time period results on creation, intake and costs of other commodities, at the development of the economic system in addition to at the distribution of source of revenue between varied teams in rural and concrete components and the prevalence of poverty within the economic system. each one bankruptcy facing coverage research describes the analytical concerns concerned, the old context and event of the coverage involved, result of the version situations and the coverage insights that emerge
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Additional info for Agriculture, Growth, and Redistribution of Income: Policy Analysis With a General Equilibrium Model of India
Fish production. W e have data on fish production in physical units. " However, in our model, these two catego ries were not distinguished. We regressed the number of fishing boats (on which data are also available) on total fish production as follows: H S H Q , = α + β (BOAT), + u, (32) and BOAT (the number of boats) was separately specified as a time trend in 13 See various volumes of BuUetin on Food Statistics and Indian Agriculture in Brief. AGRI Model 37 simulations of the model. However, this specification also was revised later to introduce price sensiüvity.
Treating these two also as minor crops, we have finally sixteen major and nine minor crops. 1. These twenty-five crops were regrouped into six categories based on their (i) growing season, (ii) type of soil suitable for growdi, and (iii) intercrop substitutability. This led to die identification of die following six groups: (i) rice, ragi, jute and mesta; (ii) wheat, gram, barley; (iii) maize, jowar, bajfa, cotton; (iv) groundnut, sesamum, rapeseed, mustard and odier oilseeds; (v) sugarcane; (vi) all other crops.
These proportions were obtained separately for agricultural, rural nonagricultural and urban non-agricultural households for each of the rural and urban expenditure classes. Using the respective population proportions, the ex ogenously given totals of agricultural, rural non-agricultural and urban popu lations were split into corresponding classwise components. The physical output of each of the nine agricultural sectors was split into classwise rural income 17 We will return to this point later.
Agriculture, Growth, and Redistribution of Income: Policy Analysis With a General Equilibrium Model of India by N. S. S. Narayana