Welcome to Guest !
 
       IUP Publications
              (Since 1994)
Home About IUP Journals Books Archives Publication Ethics
     
  Subscriber Services   |   Feedback   |   Subscription Form
 
 
Login:
- - - - - - - - - - - - - - - - - -- - - - - - - - - - - -
-
   
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 

The IUP Journal of Agricultural Economics

April '09
Focus

This issue brings out five papers covering various new dimensions of agriculture such as Total Factor Productivity (TFP) decomposition for cotton growers, role of crop diversificationsss

Articles
   
Price
(INR)
Buy
Total Factor Productivity Decomposition for Cotton Growers in the Economic Community of West African States (ECOWAS): 1961-2005
Role of Crop Diversification in Output Growth in India: A State-Level Analysis
Rural Employment Diversification in Punjab: Exploring Some Linkages
Urban Agriculture: Factors Affecting the Decision to Grow Vegetables in Tamale Metropolis
Expenditure Patterns on Foodservice in Malaysia
Select/Remove All    

Total Factor Productivity Decomposition for Cotton Growers in the Economic Community of West African States (ECOWAS): 1961-2005

-- Ajetomobi Joshua Olusegun

This study investigates the Total Factor Productivity (TFP) growth in the Economic Community of West African States (ECOWAS) cotton and its decomposition to efficiency change and technological progress from 1961-2005, using the stochastic production frontier approach. Calculations are based on panel data of major cotton producers in the region collected from the Food and Agriculture Organization Statistics (FAOSTAT) database, and the international cotton advisory committee database. The data includes cotton output and six input variables comprising land area, labor, seed, capital, time trend and country fixed effects. The 45-year period is divided into two subperiods—1961-1978 and 1979-2005, in order to study the effects of ECOWAS reforms on productivity growth of the crop. The results show that there is potential for efficiency improvements in cotton production in ECOWAS, and the average technical efficiency score for the region is 0.91. The most technically efficient country is Burkina Faso, noted for sustainable cotton support system. A closer look at the TFP in the ECOWAS and pre-ECOWAS subperiods shows larger TFP in the ECOWAS period (1979-2005). In both the pre-ECOWAS and ECOWAS periods, productivity growth in cotton is sustained through technological progress rather than through more efficient use of inputs.

Role of Crop Diversification in Output Growth in India: A State-Level Analysis

-- Pradeep Kumar Mehta

Diversification, as one of the major tools of policy, drew widespread attention in India in the recent past in the face of stagnant growth, incomplete agricultural transformation and low productivity. There are four dimensions of diversification—number of crops, spread of cropping pattern, proportion of high value crop in the cropping pattern and shift in cropping pattern mix. This paper examines the link between different dimensions of diversification and the growth of output in India, in the last three decades. The results show that there is great heterogeneity, in terms of typology of diversification within the states, with no clear-cut link of one type of diversification with income and risk pattern. The temporal picture shows that the role of crop diversification (change in crop mix) in the output growth is increasing in India, over time. However, the results suggest that diversification towards high value per se is not sufficient for increasing growth. It is also important that these high value crops remain remunerative over the period of time, through proper technological and market development, otherwise the gains from diversification will be meagre.

Rural Employment Diversification in Punjab: Exploring Some Linkages

-- Sandeep Kaur and Parmjit Nanda

Industries play a crucial role in the process of economic development as they change the sectoral composition of output and employment. Diversification of rural economy, not only in terms of output, but also in terms of employment, is thus essential for the sustainability and development of the rural economy of Punjab. Considering this, the paper seeks to examine the various factors affecting non-agricultural employment. The study reveals that there is a rise in the proportion of rural non-agricultural workers within the total rural workers in the different districts of Punjab. There are wide inter-district variations in terms of population served per commercial bank and literacy rate affecting rural non-agricultural employment. During the study period, literacy rate turned out to be the most significant variable affecting inter-district variations. In rural non-agricultural employment, districts like Amritsar, Faridkot and Kapurthala have now limited capacity in the agricultural sector. Therefore, these districts should shift from the agricultural to the non-agricultural sector. As the shift of the rural workers to rural non-agricultural sector was largely due to push factors, the rural non-agricultural sector in Punjab has to develop in such a way that it can generate strong pull factors. The activities in the rural non-agricultural sector must focus on the level of per capita income of the state as well as on the aspirations of the unemployed rural, especially the educated youth. Only then, the rural non-agricultural sector, including the rural industrial sector, would be able to employ non-agricultural labor.

Urban Agriculture: Factors Affecting the Decision to Grow Vegetables in Tamale Metropolis

-- Seidu Al-Hassan

The study utilizes cross-sectional data obtained from 196 urban agriculturalists (136 vegetable farmers and 56 non-vegetable farmers) to examine the factors that determine the cultivation of vegetables in the Tamale Metropolitan Assembly of the northern region of Ghana. The results indicate that vegetable production in the study area is influenced by different factors such as extension service, the use of inorganic fertilizer (manure) and the availability of farm land. Existing extension agents should be trained in modern vegetable production techniques, who should, in turn, train the vegetable farmers. The emphasis should be on quality seed production, seed variety, diversification and quality control. Also, the extension service delivery should be directed towards efficient application of manure. This can be achieved by encouraging vegetable farmers to form cooperatives in order to have a better network with livestock producer associations. Another recommendation is that policy makers should consider providing large and suitable irrigable lands for vegetable production.

Expenditure Patterns on Foodservice in Malaysia

-- Tey Yeong Sheng,
Mad Nasir Shamsudin,
Zainalabidin Mohamed,
Amin Mahir Abdullah
and Alias Radam

Rapid changes have occurred in the way food is prepared and cooked, and in the places where it is consumed. Foodservice has become increasingly important in the composition of the food account among Malaysians. The objective of this study is to analyze consumers' expenditure pattern on foodservice in Malaysia. Several functional forms and a Heckman two-step methodology, to account for censored-response bias, are employed in the analysis of the Household Expenditure Survey 2004-2005 data. Regardless of functional forms, the empirical estimates of income elasticity of demand for foodservice are significantly bigger than income elasticity of demand for food at home. This study shows positive prospect for foodservice industry in Malaysia, where an increase in income has the propensity to lead to an increase in expenditure (demand) on foodservice.

Search
 

  www
  IUP

Search
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Click here to upload your Article

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

more...

 
View Previous Issues
Agricultural Economics