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| Bathla, Seema. |
| Globalization and trade liberalization have exposed agricultural sector of many developing countries to sudden disturbances, caused not just by demand-supply conditions within their economies but also by volatility in global commodity prices, exchange rate and surge in imports. This paper evaluates the magnitude of sensitivity of Indian agriculture to these factors, and explores policy options that may neutralize their adverse effects, maintain price incentives and stability. The analysis is undertaken for one important tradable commodity viz. wheat by applying a structural econometric model, separately under the exportable and importable scenarios from 1980-81 to 2009-10. Findings reveal wheat to be increasingly driven by an incentive structure based on... |
| Tipo: Presentation |
Palavras-chave: Agricultural trade; Price transmission; Volatility; Macroeconomic policies; International Relations/Trade; Risk and Uncertainty; Q17; C22; E69; E60. |
| Ano: 2012 |
URL: http://purl.umn.edu/122543 |
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| Bathla, Seema. |
| Is Indian agriculture resilient to external shocks? This question has assumed considerable importance ever since macroeconomic reforms were implemented from the early nineties. As a result, the agricultural sector was exposed to sudden disturbances caused not just by the demand and supply conditions within the country, but also by volatility in world market price, exchange rate and surge in imports. This paper aims to evaluate the magnitude of sensitivity of agriculture to these factors and other changes, and explores policy options that may neutralize their adverse effects, maintain price incentives and stability. The analysis is based on three important tradable commodities. A structural econometric model is applied to each, separately under the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
| Ano: 2011 |
URL: http://purl.umn.edu/115525 |
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