Titlebook: Development Economics; The Role of Agricult P. N. Raja Junankar Book 2016 The Editor(s) (if applicable) and The Author(s) 2016 Social justi

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Tests of the Profit-Maximisation Hypothesis: A Study of Indian Agriculture I shall use econometric techniques to test whether different groups of farmers maximise profits to the same extent and whether there are any differences in their technical efficiency. The data used are from the Farm Management Studies for the Ferozepur district of Punjab for 1969/70. In this sectio

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Do Indian Farmers Maximise Profits?etric methods to test the restricted profit function model using cross-section data from the Thanjavur district of Tamil Nadu (India) for 1969/70. The plan of this paper is as follows: in the remaining part of this Section I shall outline the model and compare the approach with earlier work in this

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The Informal Labour Market in India: Transitory or Permanent Employment for Migrants?nformal labour market plays an important role in most developing economies. Very broadly, the informal labour market consists of workers in the informal sector, plus casual workers in the formal sector. The informal labour market is a very large part of the agricultural sector, but is also a signifi

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Review of ,hether farmers’ decisions on inputs and outputs could be explained by an optimising model (whether farmers were ‘rational’ profit or utility maximising agents) and whether share-cropping tenancy was inefficient.

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Green Revolution and Inequalitygar. An interesting result is that, for all districts, the Gini co-efficient is . for Farm Business Income (income inequality) than for Farm Size (wealth inequality). This latter result, he explains in terms of the economies of scale enjoyed by large farms.

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Mobility and Inequality in Indian Agriculture decreasing ., or whether it is changing due to . in the sample. We can also test the commonly made assumption of ‘time homogeneity’ (i e, transition probabilities remain constant over time) see Shorrocks (1976). Finally, we can test whether an individual farm that does well in one period does even