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Efficiency in Indian Edible Oilseed Sector: Analysis and Implications AgEcon
Mruthyunjaya; Kumar, Sant; Rajashekharappa, M.T.; Pandey, L.M.; Ramanarao, S.V.; Narayan, Prem.
Reversing the declining trend in productivity of oilseeds and improving the efficiency of oilseed processing is a major challenge to the policymakers and researchers. The present study has analyzed technical inefficiencies and factors responsible for inefficiencies in production and processing of four major edible oilseeds, viz. groundnut, rapeseed and mustard, soybean and sunflower. Both primary and secondary data have been used to estimate the inefficiencies. Analysis has revealed the presence of 1/4 to 1/3 technical inefficiencies in oilseed production at the average level and even more at the farm/ processing unit level along with allocative and scale inefficiencies. The combined technical inefficiencies in the oilseed sector have been found to be 1/2...
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/58468
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Instability, Supply Response and Insurance in Oilseeds Production in India AgEcon
Pandey, L.M.; Kumar, Sant; Mruthyunjaya.
Yield and price instability and covariate risks have been examined for major oilseeds, viz. groundnut, rapeseed/mustard, sunflower and soybean, in selected states of India using time series data. Risk behaviour and effects of price and price risk on production have been analyzed in a rational expectations framework. The study has also estimated social gains from yield and revenue insurance in oilseeds. While instabilities in yield, prices and gross return have shown mixed responses, covariate risks have increased. The results of econometric analysis have indicated that the expected prices and price risk are important determinants of oilseeds production. Price elasticities of oilseed production have been found to vary between 0.26 and 0.88 and price risk...
Tipo: Journal Article Palavras-chave: Oilseeds; Instability; Covariate risks; Rational expectation; Production response; Risk effect; Insurance market; Social benefits; Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/58464
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