1Research Scholar, Department of Economics and Sociology, Punjab Agricultural University, Ludhiana-141004
2Senior Economist (Marketing), Department of Economics and Sociology, Punjab Agricultural University, Ludhiana-141004
*Email of the Corresponding Author: sekhonmk@yahoo.co.in, sekhon@pau.edu
JEL Codes: C31, Q13, Q15.
Land transactions regarding sale/purchase from the year 2011–2015 were noted down from patwari circle of south-western region of Punjab. A total of 120 respondents were purposively selected, out of which 106 (88.33 percent) involved in sale/purchase transactions for purpose of farming and 14 (11.77 percent) were purchased land for non-agricultural purposes. The proportion of farmers who sold land was highest among the small (26.67 percent) and semi-medium farmers (33.33 percent) and lowest among large farmers. The expenditure on debt payment, migration and social ceremonies were positively and significantly influence sale market. However, the proportion of farmers who purchased land was highest among medium farmers (39.13 percent) and lowest among marginal farmers (8.70 percent). The land was also transacted towards non-agricultural uses purchased by colonizers, property dealers, and commission agents. The factors like agricultural income and non-farm income had positively and significantly influenced land purchase market.
Agricultural land, marketing pattern, debt payment