By N.S.S. Narayana, Kirit S. Parikh and T.N. Srinivasan (Eds.)
This booklet offers an empirically envisioned utilized normal equilibrium version for India and the research of quite a lot of coverage concerns conducted utilizing the version. some of the chapters within the e-book care for public distribution guidelines, international alternate and relief regulations, rural works programmes, phrases of alternate guidelines, fertilizer subsidy guidelines and irrigation improvement regulations. those guidelines are analysed by way of their fast and medium time period results on construction, intake and costs of alternative commodities, at the development of the economic climate in addition to at the distribution of source of revenue between diversified teams in rural and concrete parts and the occurrence of poverty within the financial system. each one bankruptcy facing coverage research describes the analytical concerns concerned, the historic context and adventure of the coverage involved, result of the version eventualities and the coverage insights that emerge
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Extra info for Agriculture, Growth and Redistribution of Income: Policy Analysis with a General Equilibrium Model of India
Gross irrigated area for a group g, (lA^^, g = 1, 6), was specified to be a function of its own value in the previous year (lA^^ - 1), and a rainfall index relevant for die leading crop in diat group (RAINp. One may argue diat relative profitability between the soil-based groups of crops should also have been an explanatory variable in allocating GIA to various groups. In India, irrigation planning seems to be oriented more towards alleviating risks of uncertain rainfall dian maximizing productivity.
900 These boundaries are updated every year to correspond to the equivalent income at target prices. 2. ,(Un,) (47) where n, is the exogenously fixed natural growth rate. Similarly, the propor tions of urban population (UPOP) in the total population and of rural nonagricultural population (RNPOP) in the rural population (RPOP) were ex ogenously specified as time trends as follows: UPPRN, and = Proportion of urban population in POPN, = UPPRN^(l-fg„)^ (48) AGRI Model 43 RNPRNjS Proportion of rural non-agricultural population in RPOP, = RNPRN^il+gJ^ where 3J (49) and g^ are growth rates.
On crop yields is not transparent. These are very important in the context of agricultural ix)licy analysis. ^ We followed a two-stage procedure, separately estimating die acre age and the yields of each group. Total area. The total gross cropped acreage in the country under all crops put together is determined first. It is dien allocated to various crops. In India, most of the arable land is already under cultivation. )^. h. h. as t — > <«): NSA^ = 165000/[1 + exp (a h(RlAL\ + c(RIAL)^2 + d(TIME)J (1) where NSAj RIAL^ = net sown area in ICXX) hectares in year t; = rainfall index for all crops in year t (normal = 1(X)); TIME^ exp = 1 for die crop year 1950-51; and = denotes exponential.