The Pattern of Farm Investment in Livestock Enterprise: A Comparative Analysis in Two Contrasting Regions of Eastern India
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Author: Arnab Roy, M.N. Venkataramana and Saikat Chatterjee
Author Address: 1Assistant Professor, Lovely Professional University, Phagwara-144411 (Punjab), Professor, Department of Agricultural Economics, University of Agricultural Sciences, Bengaluru-560065 (Karnataka), and Department of Agricultural Economics, Bidhan Chandra Kr
Keywords: Borrowed capital, farm investment, livestock enterprise, local government, progressive state
JEL Codes: B22, C21, E22, Q18, R42
Abstract
This study estimated the pattern of investment in the livestock sector in progressive and less-progressive states of eastern India over the period of 2011-12 to 2018-19. The results revealed that the large farms (`83,453/farm) invested 3.7 times higher on livestock as compared to small farms (`22,475/farm) in the progressive state, whereas large farms (`45,965/farm) invested almost 2.9 times higher on livestock as compared to small farms (`15,565/farm) in the less-progressive sate. Unlike the progressive state, the percentage of investment in livestock was higher for small farms than for large farms in a less-progressive state. Annual income and borrowed capital in the progressive state, whereas irrigated land, education, and borrowed capital in the less-progressive state significantly influenced the farm investment.
Description
Indian Journal of Economics and Development
Volume 18 No. 2, 2022, 388-394
DOI: https://doi.org/10.35716/IJED/21306
NAAS Score: 5.15 (2022)
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus (SJR: 0.18)
UGC Approved (UGC-Care List Group II)