Total Factor Productivity Growth of Cashew Research in Konkan Region of Maharashtra
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Author: R.B. Hile and Amruta S. Jangale
Author Address: Department of Agricultural Economics, Mahatma Phule Krishi Vidyapeeth, Rahuri- 413722
Keywords: Log-linear production function, total factor productivity.
JEL Codes: Q10, Q16, Q19.
Abstract
The total factor productivity indices of cashew estimated using the Tornqvist index for the period 1998-99 to 2017-18. TFP index was promising. It indicated that the inputs were efficiently allocated in cashew plantation. TFP increased at 3.13 percent per annum. During the same period, the output index grew by 2.18 percent per annum and the input index declined at the rate of 0.92 percent per annum. The improvement in the total factor productivity may be due to non-input factors such as research investment and extension efforts. The results indicated that research investment (0.23), rainfall (0.84), road density (0.56) and rural literacy (1.62) had significantly contributed to TFP growth in cashew.
Description
Indian Journal of Economics and Development
Volume 16 No. SS, 2020, 524-527
DOI: https://doi.org/10.35716/ijed/NS20-056
Indexed in Clarivate Analytics (ESCI) of WoS
R.B. Hile and Amruta S. Jangale
Department of Agricultural Economics, Mahatma Phule Krishi Vidyapeeth, Rahuri- 413722
Corresponding author’s email: rbhile@gmail.com