International Research Journal of Agricultural Economics and Statistics

T. Amrutha ¹, H. R. Chikkathimme Gowda ², Afrin Zainab Bi ³, K. S. Rashmi ⁴

Affiliations
1 Department of Agricultural Economics, University of Agricultural Sciences, G.K.V.K., Bengaluru (Karnataka), IN
2 Department of Agricultural Economics, Indian Agriculture Research Institute, New Delhi, IN
3 National Institute of Veterinary Epidemiology and Disease Informatics, Bengalurum (Karnataka), IN
4 University of Agricultural Sciences, G.K.V.K., Bengaluru (Karnataka), IN

Abstract

Objectives: To investigate the long run and short run relationship between fiscal deficit and economic growth in Indian economy.

Methods and statistical analysis: The study is based on secondary data; objective of the study is examined using time series data from the period 1980-81 to 2013-14.

Findings: The Johansen methodology concludes an existence of a one cointegrating relationship among gross domestic product, fiscal deficit, gross domestic capital formation and employment. The finding of the study indicates that one per cent increase in fiscal deficit is likely to decrease Gross domestic product by 0.618609 thus, it shows there is a negative relationship between Gross domestic product and fiscal deficit in the long run. But the Vector Error Correction model discards the short run relationship between fiscal deficit and economic growth.

Application/ improvements: Fiscal deficit hampered the economic growth in the long run hence gap between the government revenue and government expenditure should be minimized.

Keywords

Economic Growth, Fiscal Deficit, Gross Domestic Product, Gross Domestic Capital Formation, Employment.

Full Text

     

G. V. Rohith ¹, Afrin Zainab Bi ², K. S. Rashmi ¹, K. R. Hamsa ¹, Jaganath Olekar ¹

Affiliations
1 Department of Agricultural Economics, University of Agricultural Sciences, Bengaluru (Karnataka), IN
2 Department of Agricultural Economics, University of Agricultural Sciences, Bengaluru (Karnataka), IS

Abstract

This study was conducted to analysis the share of different expenditure incurred and profitability of crops in the North Eastern Dry Zone of Karnataka. A simple random sample of 30 farmers each under rainfed condition, borewell irrigation and canal irrigation are studied. Simple tabular analysis technique was used to estimate cost and returns of crops .The result of the study shows that human labour cost was accounted higher proportion (35-50 %) than other components followed by cost for bullock labour except in paddy where machine labour cost accounted (20%).The highest net returns were realized in paddy with borewell irrigation (Rs.49577/ha) followed by paddy with canal irrigation (Rs.44134 /ha), cotton with borewell irrigation (Rs.40442 /ha) compared to other crops in Raichur district.The benefit cost ratio for paddy cultivation was found higher (2.16) in case of canal irrigated due to less cost incurred (Rs. 38,004) compared to borewell irrigated paddy cultivation (Rs. 45,368) due to more energy cost for water pumping Rs.4110 (9.16 %).Among rainfed crops the most favourable returns per rupee cost was found cotton followed by redgram,chickpea and groundnut ranging from 1.72 to 1.61.

Keywords

Cost, Return, Tabular Analysis, Water Rate, Cost of Pumping Ground Water, B:C Ratio.

Full Text