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Price and Output Response of Marketed Surplus of Foodgrains: A Cross-Sectional Study of Some North Indian Villages

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  • Kalpana Bardhan

Abstract

If foodgrains producers are also the major consumers, price elasticity of production and price elasticity of marketed surplus should be distinguished. While the former is likely to be positive, the latter may theoretically assume either sign, and this introduces a complication in deriving the long-run price elasticity of marketed surplus. Village-level, cross-sectional data are used to get a direct regression estimate of the short-run price elasticity of marketed surplus for northwest India. The estimate seems to indicate negative elasticity. Other variables with statistically significant influence on marketed surplus are production level of foodgrains and income from milk.

Suggested Citation

  • Kalpana Bardhan, 1970. "Price and Output Response of Marketed Surplus of Foodgrains: A Cross-Sectional Study of Some North Indian Villages," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(1), pages 51-61.
    • Handle: RePEc:oup:ajagec:v:52:y:1970:i:1:p:51-61.
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    Cited by:

    1. Galtier, Franck, 2023. "Take an inch for a mile. About an error of metrics in WTO rules and its impact on the ability of countries to build public stocks for food security," Food Policy, Elsevier, vol. 116(C).
    2. Md Shafiul Azam & Katsushi Imai & Raghav Gaiha, 2012. "Agricultural Supply Response and Smallholders Market Participation: the Case of Cambodia," Economics Discussion Paper Series 1208, Economics, The University of Manchester.
    3. Edmeades, Svetlana, 2006. "Varieties, Attributes and Marketed Surplus of a Subsistence Crop: Bananas in Uganda," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25654, International Association of Agricultural Economists.
    4. Rifin, Amzul, 2021. "Marketed Surplus of Indonesian Rice Production," 2021 Conference, August 17-31, 2021, Virtual 315019, International Association of Agricultural Economists.
    5. Mather, David & Boughton, Duncan & Jayne, Thomas S., 2011. "Smallholder Heterogeneity and Maize Market Participation in Southern and Eastern Africa: Implications for Investment Strategies to Increase Marketed Food Staple Supply," Food Security International Development Working Papers 118473, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    6. S.K. Goyal & Ernst Berg, 2004. "An analysis of marketed surplus response of cereals in Haryana State of India," Agribusiness, John Wiley & Sons, Ltd., vol. 20(3), pages 253-268.
    7. Mather, David & Boughton, Duncan & Jayne, T.S., 2013. "Explaining smallholder maize marketing in southern and eastern Africa: The roles of market access, technology and household resource endowments," Food Policy, Elsevier, vol. 43(C), pages 248-266.

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