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Agricultural Prices in a Changing Economy An Empirical Study of Indian Agriculture

by Munish Alagh

Agricultural Prices in a Changing Economy An Empirical Study of Indian Agriculture Synopsis

Attempting to answer the question, Is Indian agriculture moving to a market determined economy?, this book demonstrates that, in the last quarter century, as the economy grew faster and liberalized, the nonfood grain sector of Indian agriculture responded to price signals in a decisive manner. Building its arguments on agricultural economics theory and supported with detailed quantitative verification--based on trends of agricultural output and productivity and on farmers' market behavior--this analysis also conducts policy simulations. Academics and policymakers alike will benefit from this discussion.

Agricultural Prices in a Changing Economy An Empirical Study of Indian Agriculture Press Reviews

This is an important publication focusing on the market behavior of the agricultural economy in its distinct phases including the globalization period of the Indian economy. It amply demonstrates the significant role of prices in the more recent period as determinants of supply and demand of agricultural commodities. The policy simulations and forecasts are illuminating. --R. Radhakrishna, chairperson, Madras Institute of Development Studies

Book Information

ISBN: 9788171888108
Publication date: 13th December 2018
Author: Munish Alagh
Publisher: Academic Foundation
Format: Hardback
Pagination: 174 pages
Categories: Agriculture & related industries,

About Munish Alagh

Munish Alagh is a former professor, with more than 10 years of experience, in the management department of Ahmedabad University. He is the recipient of the CBP Award for the best research paper at Gujarat University.

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