Input Demand And Output Supply Of Major Crops Of India: Demand And Supply Estimation- Profit Function Approach

Thakare, Sandip S.; Shende, Nishant V.; Shinde, Kishor J.; Thakare, Sandip S.; Shende, Nishant V.; Shinde, Kishor J.

ISBN 10: 3659249203 ISBN 13: 9783659249204
Published by Lap Lambert Academic Publishing, 2012
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The book provides a clear understanding of the subject of Factor demand and output supply by formulating Cobb-Douglas profit function. Output supply and input demand are closely interlinked to each other, therefore, any change in input and output prices affect the input demand and output supply simultaneously.The Agricultural Prices and Cost (APC) scheme under the guidance of government of Maharashtra provides valuable data about agriculture in Maharashtra.This study used cross sectional cum time series data of Vidarbha region for the selected four principle crops. These four crops occupied about 70 per cent area of the gross cropped area.The theory of profit function, developed to helps in overcoming the problem of simultaneous equation bias, if present. Another distinct advantage of this approach over production function is that with the help of duality theorem (Shephard, 1953), the variable factor demand function and supply function of products can be derived directly from the estimated profit function.This study will provide useful information which can be used to project the direction and extent of the response of farmers to changes in input and output prices.

About the Author: Name: Dr.Sandip Shridhar Thakare (Assistant Professor Econ SSAC,Amravati) 2. Name of College: Dr. PDKV Akola 3. Research Papers Published: Eight 4.Field of interest: Academic and Banking

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Title: Input Demand And Output Supply Of Major ...
Publisher: Lap Lambert Academic Publishing
Publication Date: 2012
Binding: Paperback
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Sandip S. Thakare|Nishant V. Shende|Kishor J. Shinde
Published by LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3659249203 ISBN 13: 9783659249204
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Thakare Sandip S.Name: Dr.Sandip Shridhar Thakare (Assistant Professor Econ SSAC,Amravati) 2. Name of College: Dr. PDKV Akola 3. Research Papers Published: Eight 4.Field of interest: Academic and BankingThe book provides a clear . Seller Inventory # 5142969

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Sandip S. Thakare
Published by LAP Lambert Academic Publishing, 2012
ISBN 10: 3659249203 ISBN 13: 9783659249204
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The book provides a clear understanding of the subject of Factor demand and output supply by formulating Cobb-Douglas profit function. Output supply and input demand are closely interlinked to each other, therefore, any change in input and output prices affect the input demand and output supply simultaneously.The Agricultural Prices and Cost (APC) scheme under the guidance of government of Maharashtra provides valuable data about agriculture in Maharashtra.This study used cross sectional cum time series data of Vidarbha region for the selected four principle crops. These four crops occupied about 70 per cent area of the gross cropped area.The theory of profit function, developed to helps in overcoming the problem of simultaneous equation bias, if present. Another distinct advantage of this approach over production function is that with the help of duality theorem (Shephard, 1953), the variable factor demand function and supply function of products can be derived directly from the estimated profit function.This study will provide useful information which can be used to project the direction and extent of the response of farmers to changes in input and output prices. Seller Inventory # 9783659249204

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Thakare, Sandip S.; Shende, Nishant V.; Shinde, Kishor J.
Published by LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3659249203 ISBN 13: 9783659249204
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Thakare, Sandip S.; Shende, Nishant V.; Shinde, Kishor J.
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Thakare, Sandip S.; Shende, Nishant V.; Shinde, Kishor J.
Published by LAP LAMBERT Academic Publishing, 2012
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Thakare, Sandip S., Shende, Nishant V., Shinde, Kishor J.
Published by LAP LAMBERT Academic Publishing, 2012
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