Indian Journal of Economics and Development
  • Year: 2018
  • Volume: 14
  • Issue: 1a

Economics of Resource Use of Greengram Production in Maharashtra

Department of Agricultural Economics, Mahatma Phule Krishi Vidyapeeth, Rahuri Dist. Ahmednagar

*Corresponding author's email: bondarumarao@gmail.com

JEL Codes: D57, J24, O47, P34, Q15.

Abstract

The data were related to greengram output and inputs collected from office record of State Cost of Cultivation Scheme, Government of Maharashtra, during the year 2013–14. The total sample size was 138. The simple statistical tools and the Cobb Douglas production function was fitted to the data. The results in respect of productivity all seven have jointly explained 74 percent of the total variation in the output of greengram, The resource use efficiency in greengram production in Maharashtra state was observed that the ratios of MVP to MC was positive and more than unity.

Keywords

Cobb-Douglas production function, Greengram, MVPto MC, resource use efficiency, resource use productivity