Read e-book online Agricultural Economics PDF

By Pranav K Desai

ISBN-10: 8176222089

ISBN-13: 9788176222082

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Agriculture as a Source of Livelihood Agricu lture has a greate r role in econom ic develo pment in the less develo ped countr ies as it provid es livelih ood to a vast majori ty of people living in the countr y. This figure is not signifi cant in terms of percen tages only, but more so in terms of absolu te numbe rs. The agricultural sector provid es livelih ood to about three-f ourths of the Indian popula tion, that is, seven out of every ten person s in India depen d on agricu lture. 5 per cent of the total labour force was engag ed in agricu lture and this situati on has not change d until now.

In the double deck diagram given below, upper deck represents the production contour map of the industrial sector. The production contour lines indexed by QO' QI' Q2 are once again assumed to exhibit the property of constant returns to scale. The central expansionary role of the industrial sector may be symbolically represented by an expansion path through time AO' AI' A2' representing a gradual expansion of the capital stock KO' KI, K2, of the industrial labour force Lo' LI' L2' and industrial output QO' QI' Q2· Fig.

NonOECD QAT Upper middle income ROM Europe & Central Asia Upper middle mcome Europe & Central ASia RUS Lower middle mcome WSM East Asia & Pacific High income: nonOECD SMR High income: nonOECD SAU Low income Sub-Saharan Africa SEN Upper middle mcome Europe & Central ASia SRB Upper middle mcome Sub-Saharan Africa SYC Low income Sub-Saharan Africa SLE High income: nonOECD SGP High income: OECD SVK High income: nonOECD SVN Low mcome SOM Sub-Saharan Africa Upper middle mcome ZAF Sub-Saharan Africa High income: OECD ESP Lower middle mcome LKA South Asia Lower middle income SDN Sub-Saharan Africa Lower middle income SWZ Sub-Saharan Africa High mcome: OECD SWE High mcome: OECD CHE Lower middle income Middle East & North Africa SYR Low mcome Europe & Central ASia TJK Low mcome TZA Sub-Saharan Africa Lower middle mcome THA East ASia & PaCific Lower middle income TON Eas t ASia & Pacific High mcome' nonOECD TTO Lower middle mcome TUN Middle East & North Africa Upper middle income TUR Europe & Central Asia Lower middle income TKM Europe & Central ASia Low mcome UGA Sub-Saharan Africa Lower middle income UKR Europe & Central ASia High mcome: nonOECD ARE High income: OECD GBR High mcome: OECD USA Upper middle income URY Latm America & Caribbean Low income UZB Europe & Central Asia Upper middle income VEN Latin America & Caribbean Low mcome VNM Eas t ASia & PaCIfic Low mcome YEM Middle East & North Africa Low mcome ZWE Sub-Saharan Africa Sectoral Growt h Rates and ICOR under Different Sectors of the Economy SI.

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Agricultural Economics by Pranav K Desai

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