Department of Agricultural Economics, Dr.B.S. Konkan Krishi Vidyapeeth, Dapoli, Dist. Ratnagiri, Maharashtra
The comparative picture of TFP growth by sub-period-wise has revealed that the magnitude of TFP growth varied from 1.3 per cent per annum during the 1990s to 6.2 per cent per annum during the 1980s. During the entire period under study (1981–2000), TFP has been found growing at the rate of 5.4 per cent per annum. The results present a divergent picture of horticultural growth in the Konkan region during the period under study. Investment on research has been the major source in TFP growth. The returns to horticultural research were high pay-off to the tune of IRR 119 per cent.