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Agricultural Investments: Trends and Role in Enhancing Agricultural Output and Incomes

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  • Mehta, Niti

Abstract

Increasing agricultural productivity and sustainable food production are crucial to help alleviate hunger and requires action from governments for creating supportive rural infrastructure by enhancing public spending that is likely to invigorate private agricultural investments. The growing dependence on wage incomes poses questions on the viability of farming. The inter-linkages and complementarity between public investments, private capital formation and agricultural growth are well known. The paper examines temporal and spatial aspects of private and public agricultural and irrigation expenditure. By adopting the generalized method of moments (GMM) instrumental variable approach the paper models agriculture income as a function of spending on agriculture, irrigation and other variables for the period 2004-05 to 2018-19.

Suggested Citation

  • Mehta, Niti, 2023. "Agricultural Investments: Trends and Role in Enhancing Agricultural Output and Incomes," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 0(Number 4), December.
  • Handle: RePEc:ags:inijae:345285
    DOI: 10.22004/ag.econ.345285
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    References listed on IDEAS

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    4. Chand, Ramesh, 2000. "Emerging Trends and Regional Variations in Agricultural Investments and their Implications for Growth and Equity," Policy Papers 345046, ICAR National Institute of Agricultural Economics and Policy Research (NIAP).
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    9. Derek Headey & Mohammad Alauddin & D.S. Prasada Rao, 2010. "Explaining agricultural productivity growth: an international perspective," Agricultural Economics, International Association of Agricultural Economists, vol. 41(1), pages 1-14, January.
    10. Stephen R. Bond, 2002. "Dynamic panel data models: a guide to micro data methods and practice," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 1(2), pages 141-162, August.
    11. Chand, Ramesh, 2000. "Emerging Trends and Regional Variations in Agricultural Investments and their Implications for Growth and Equity," IAMO Policy Briefs 344975, Institute of Agricultural Development in Transition Economies (IAMO).
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