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

Trend of Capital Formation in Agriculture: Hadoti Region of Rajasthan

1ICAR-National Institute of Agricultural Economics and Policy Research, New Delhi-110012

2Department of Agricultural Economics, Institute of Agricultural Sciences, Banaras Hindu University, Varanasi-221005

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

JEL Codes: O13, Q10, Q15, Q16, Q21.

Abstract

The present study was analysis the trend of capital formation in agriculture. Data was collected from 1963 to 2012 and 2002–03 to 2013–14 for different assets. Exponential growth model was used for the analysis of trend. Result revealed that in case of livestock overall growth of Hadoti region was 0.6 percent; a buffalo (2.4 percent) shows the increasing trend while in case of cattle (−0.5 percent) there is negative trend. In the case of machinery equipment tractors (10.9 percent) and sugarcane (0.7 percent) shows the positive growth and carts (−0.8 percent), plough (−0.8), Ghanies (−2.7 percent) shows the negative growth in Hadoti region. In case of irrigation structure and equipment tube well and electric pump shows the positive trend while diesel pump and well in use shows the negative trend in Hadoti region.

Keywords

Capital, equipment, growth, livestock, machinery, trend