Agricultural credit and agricultural productivity across Indian states: An analysis

Title

Agricultural credit and agricultural productivity across Indian states: An analysis

Creator

Manoharan N.; Varkey R.S.

Description

The study analyses the relationship between formal agricultural credit and agricultural productivity in India. Secondary data have been collected from various sources for the selected states of Andhra Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Odisha, Tamil Nadu, Uttar Pradesh and West Bengal for the time period 19901991 to 20172018. Fixed effect model is used to perform the state-level panel data analysis to establish the relationship between the agricultural credit and agricultural productivity. In addition to this, the study also focuses on analysing the effectiveness of Doubling of agricultural credit policy. The findings from the analysis show that direct agricultural credit and doubling of agricultural credit policy has a positive impact on productivity, whereas the indirect credit has a significant negative impact on productivity. In order to increase agricultural productivity, policies should focus on providing direct credit at a larger scale. 2021 John Wiley & Sons, Ltd.

Source

Journal of Public Affairs, Vol-22, No. 3

Date

2022-01-01

Publisher

John Wiley and Sons Ltd

Subject

agricultural productivity; direct credit; fixed effect model; indirect credit

Coverage

Manoharan N., Department of Economics, Christ (Deemed to be university), Bengaluru, India; Varkey R.S., Department of Economics, Christ (Deemed to be university), Bengaluru, India

Rights

Restricted Access

Relation

ISSN: 14723891

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.1002/pa.2597

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85099943365&doi=10.1002%2fpa.2597&partnerID=40&md5=d56918ba47a21950d1ced54080d04e6d