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Economic and Profitability Analysis of Walnut Production in Kashmir Valley, India

Author

Listed:
  • Fayaz Ahmad Lone

    (Department of Geography and Disaster Management, University of Kashmir, Srinagar, India)

  • M. Imran Ganaie

    (Department of Geography and Disaster Management, University of Kashmir, Srinagar, India)

  • Showkat A. Ganaie

    (Department of Geography, Government Degree College Shopian, Kashmir, India)

  • M. Shafi Bhat

    (Department of Geography and Disaster Management, University of Kashmir, Srinagar, India)

  • Javeed Ahmad Rather

    (Department of Geography and Disaster Management, University of Kashmir, Srinagar, India)

Abstract

The Jammu and Kashmir union territory is the largest producer of walnuts in India, and this crop provides an important source of livelihood for many farmers. This study aims to measure the economic efficiency and profitability of walnut orchards and explore constraints in cultivation in the Kashmir Valley. It relies on a crosssectional database collected from 240 walnut growers in the study area during the 2018/19 production period. Results reveal that walnut cultivation is highly labor-intensive as it incurs 80 percent of total production costs. The cost-benefit ratio of 1:5.35 per hectare indicates better economic prospects for the walnut industry in Kashmir Valley. The factors affecting productivity include farmyard manure, labor, chemical fertilizers, plant density, women participation, and information. The regression coefficients of production analysis, marginal value product, and marginal factor cost ratio indicate that there is ample scope for the expansion of walnut cultivation in the research area. However, walnut growers are confronted by several problems that tend to be location specific. The study calls for policy intervention concerning improved access to extension services, credit, and farmer training programs to boost walnut production in the study region.

Suggested Citation

  • Fayaz Ahmad Lone & M. Imran Ganaie & Showkat A. Ganaie & M. Shafi Bhat & Javeed Ahmad Rather, 2023. "Economic and Profitability Analysis of Walnut Production in Kashmir Valley, India," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 20(2), pages 69-82, December.
    • Handle: RePEc:sag:seajad:v:20:y:2023:i:2:p:69-82
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    More about this item

    Keywords

    walnut; efficiency; profitability; extension services; cost-benefit ratio;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • P43 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Finance; Public Finance

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