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The Resource Economic Transformation of a Developing Economy : The Experience of Punjab, a State in India

Economic Transformation of a Developing Economy : The Experience of Punjab, a State in India

Label
Economic Transformation of a Developing Economy : The Experience of Punjab, a State in India
Title
Economic Transformation of a Developing Economy
Title remainder
The Experience of Punjab, a State in India
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Subject
Language
eng
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Cataloging source
MiAaPQ
Literary form
non fiction
Nature of contents
dictionaries
Series statement
India Studies in Business and Economics Ser
Economic Transformation of a Developing Economy : The Experience of Punjab, a State in India
Label
Economic Transformation of a Developing Economy : The Experience of Punjab, a State in India
Link
http://libproxy.rpi.edu/login?url=https://ebookcentral.proquest.com/lib/rpi/detail.action?docID=4406112
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Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Foreword -- Preface -- Contents -- Editors and Contributors -- List of Figures -- List of Tables -- 1 Economic Transformation and Development Experience of Indian Punjab---An Introduction -- 1.1 Understanding the Crisis of Agrarian Transition -- 1.2 Agrarian Markets and Distributive Outcomes -- 1.3 Structural Transformation of Punjab Economy: Emergence of Industry and Services -- 1.4 Human Development in Punjab's Economic Transformation -- 1.5 External Factors in Punjab's Economic Development -- 1.6 Fiscal Policy of Punjab in Comparative Perspective -- 1.7 Perspectives on Rejuvenation of Punjab Economy -- 1.8 Conclusion -- References -- Part I Understanding the Crisis of Agrarian Transition -- 2 The Role of Technological and Institutional Changes in the Growth and Transformation of Agriculture in Punjab -- 2.1 Introduction -- 2.2 Agriculture in Punjab: Some Historical Insights -- 2.3 Technological Change and Agricultural Growth Since Independence -- 2.4 Institutional Changes and Agricultural Growth -- 2.5 Technology and Institutions: Wider Implications -- References -- 3 Growth Pattern and Economic Impacts of Wheat Productivity on Punjab Agriculture -- 3.1 Introduction -- 3.2 Growth in Input Use and Production of Wheat in India -- 3.3 Determinants of Wheat Production in India -- 3.4 Growth in Wheat Production in Punjab: A Success Story -- 3.5 Crop Improvement Programme in Wheat -- 3.6 Dissemination and Adoption of New Technology -- 3.7 Variety Coverage Area and Sowing Time -- 3.8 Fertilizer Application -- 3.9 Minimum Support Price Policy -- 3.10 Determinants of Wheat Production in Punjab -- 3.11 Wheat Revolution and Small Farmers -- 3.12 Technical Efficiency of Wheat Across Different Farms -- 3.13 Conclusion and Policy Implications -- Appendix -- References
  • 4 Rethinking Diversification of Agriculture in the Indian Punjab: An Examination of Strategy and Mechanisms -- 4.1 Introduction -- 4.2 Strategy for Diversification: What and Why -- 4.2.1 Diagnosis and Diversification -- 4.2.2 The New Diversification Agenda -- 4.3 Mechanisms Planned and Used (The How) and Performance -- 4.3.1 Mechanism of Diversification (Contract Farming) and Issues -- 4.4 Rethinking Diversification -- 4.5 Conclusions -- References -- 5 Groundwater Irrigation in Punjab: Some Issues and a Way Forward -- 5.1 Background -- 5.1.1 Concerns in Agriculture -- 5.1.2 Concerns in Groundwater -- 5.1.3 The Questions Asked in This Paper -- 5.2 The Nature, Magnitude, and Drivers of Decline in Groundwater in Punjab -- 5.2.1 Understanding the Nature and Magnitude of the Problem -- 5.2.2 Why Groundwater: The Drivers -- 5.2.3 Welfare Implications -- 5.2.4 The Main Issues -- 5.3 Policy and Programmes for GroundWater Management in India -- 5.3.1 Policy and Programmes for Groundwater Management in Punjab -- 5.3.1.1 Crop Diversity Programmes in Punjab, Haryana, and Western Uttar Pradesh -- 5.3.1.2 The Punjab Preservation of Subsoil Water Act, 2009 -- 5.3.1.3 Introducing Reforms in Agricultural Power -- 5.3.1.4 Other Measures -- 5.4 Potential Measures and Instrument for Promoting Sustainable Use of Groundwater -- 5.4.1 Supply-Side Measures -- 5.4.2 Demand-Side Measures -- 5.4.2.1 Regulatory Instruments -- 5.4.2.2 Economic Instruments -- 5.4.2.3 Other Instruments -- 5.4.2.4 Energy Subsidy-Irrigation Nexus: A Contentious Issue -- 5.4.2.5 Evidence from Literature: Drawing Inference on Instrument Choice -- 5.5 Some Suggestions -- References -- Part II Agrarian Markets and Distributive Outcomes -- 6 Growth of Cash Rent Tenancy and Modernisation of Land Lease Market in Punjab -- 6.1 Growth of Cash Rent Tenancy in Punjab: The Evidence
  • 6.1.1 Growth of Cash Rent Tenancy in Punjab: Comparison with Other States -- 6.1.2 Evolution of Cash Renting in Punjab over Green Revolution Period -- 6.1.3 Regional Variations in Growth of Cash Rent Tenancy -- 6.2 Changed Profile of Land Lessors and Tenants -- 6.2.1 Profile of Land Lessors -- 6.2.2 Profile of Tenants -- 6.3 Tenant's Earnings from Cash-Rented Land -- 6.4 Growth of Cash Rent Tenancy: Causal Factors -- 6.4.1 Heightened Production Inefficiency of Share Tenancy -- 6.4.2 Heightened Tenant Preference for Cash Renting -- 6.4.3 Sharp Reduction in Yield and Price Risk -- 6.4.4 Improved Financial Position and Credit Availability to Tenants -- 6.4.5 Impact of General Monetisation of Rural Economy -- 6.5 Tenancy Laws and Imperfection in Land Lease Market -- 6.6 Modernisation of Tenancy Laws -- 6.7 Conclusions -- References -- 7 Marketing System and Agricultural Development in Punjab -- 7.1 Introduction -- 7.2 Database -- 7.3 Contribution of Punjab to the Central Pool of Food Grain -- 7.4 Share of Punjab in the GDP from Agriculture Sector in India -- 7.5 Number of Regulated Markets -- 7.6 Income and Expenditure of Punjab Mandi Board -- 7.7 Road Connectivity in Punjab -- 7.8 Storage Capacity in Punjab -- 7.9 Production and Market Arrival of Paddy and Wheat -- 7.10 Cost of Production (C2) of Paddy Vis-à-Vis MSP -- 7.11 Cost of Production (C2) of Wheat Vis-à-Vis MSP -- 7.12 Area, Production and Yield of Rice in India and Punjab -- 7.13 Area, Production and Yield of Wheat in India and Punjab -- 7.14 Pattern of Sale of Wheat by the Farmers in Punjab -- 7.15 Pattern of Sale of Paddy by the Farmers in Punjab -- 7.16 Methods of Sale of Wheat -- 7.17 Methods of Sale of Paddy -- 7.18 Strategy for Efficient Marketing -- 7.19 Grain Storage -- 7.20 Farmer Producer Organizations (FPOs) -- 7.21 Food Processing and Value Addition -- 7.22 Conclusions
  • References -- 8 Agricultural Credit in Punjab: Have Policy Initiatives Made a Dent in Informal Credit Markets? -- 8.1 Introduction -- 8.2 Methodology -- 8.3 Punjab Economy-Structural Changes -- 8.4 Credit Market Situation in Agriculture -- 8.5 Policy Initiatives -- 8.6 Concluding Remarks -- References -- 9 Imperfect Information and Contract Enforcement in Informal Credit Market in Rural Punjab -- 9.1 Introduction -- 9.2 Analytical Framework -- 9.3 Data Collection -- 9.4 Relationship Between Farmers and Commission Agents -- 9.5 Screening, Monitoring and Enforcement -- 9.5.1 Screening of Contracts -- 9.5.2 Monitoring the Borrower's Action -- 9.5.3 Enforcement of Contract -- 9.5.3.1 Legal Enforcement of Contract -- 9.5.3.2 Social Norms, Reputation and Contract Enforcement -- 9.5.3.3 Civil Societies, Violence and Contract Enforcement -- 9.6 Conclusions -- References -- 10 Household Income Inequality and Asset Distribution: The Case of Rural Punjab -- 10.1 Introduction -- 10.1.1 Inequality: Why Does It Matter? -- 10.1.2 Driving Factors Behind Rising Inequality -- 10.1.3 The Trends in Inequality -- 10.1.4 A Review of Inequality and Household Asset Distribution -- 10.2 The Study on Asset Distribution and Income Inequality in Rural Punjab -- 10.2.1 Background of the Study -- 10.2.2 Data and Methodology -- 10.2.3 Data Limitations and Issues -- 10.3 Findings of the Study -- 10.3.1 Distribution of Owned and Operational Land -- 10.3.2 Education Amongst Rural Households -- 10.3.3 Access to Income Sources and Income Distribution -- 10.4 Conclusions and Policy Implications -- References -- Part III Structural Transformation of Punjab Economy: Emergence of Industry and Services -- 11 Growth, Employment and Structural Change: Punjab Versus 16 Major States of India -- 11.1 Introduction
  • 11.2 Economic Growth and Structural Change in Employment: A Theoretical Framework -- 11.2.1 Economic Growth and Structural Composition of GDP in Punjab -- 11.2.1.1 Economic Growth -- 11.2.1.2 Structural Change in GDP -- 11.2.2 Employment Growth -- 11.2.2.1 Employment Growth -- 11.2.2.2 Structural Change in Employment -- 11.3 Decomposition: Understanding the Employment Profile of Growth -- 11.3.1 The Methodology -- 11.3.2 Employment and Growth: Decomposition Results -- 11.3.2.1 Decomposition of Growth in Per Capita Income -- 11.3.2.2 Decomposition of Labour Productivity -- 11.3.2.3 Decomposition of the Employment Effect -- 11.3.2.4 Decomposition of Inter-and Intra-Sectoral Productivity Effects by Sector -- 11.4 Conclusions -- References -- 12 Manufacturing Sector in Punjab: Evolution, Growth Dynamism, Key Concerns and Rejuvenation Strategy -- 12.1 Introduction -- 12.2 Theoretical Perspectives on Industrial Evolution in an Agrarian Economy -- 12.3 Conditions Shaping the Evolution of Manufacturing Sector in Punjab -- 12.3.1 Public Investment and the Commercialisation of Agriculture -- 12.4 Capital Accumulation and the Transformation of Agrarian Surpluses -- 12.5 Evolution of Manufacturing Segment -- 12.6 Event of Partition and the Shattering of Punjab's Industrial Economy -- 12.7 Rebuilding from the Wrecks of Partition -- 12.8 Industrial Evolution During Post-green Revolution Period -- 12.9 Key Concerns -- 12.10 Strategy for Rejuvenating Punjab's Industrial Economy -- 12.11 Concluding Remarks -- References -- 13 Service Sector and Economic Growth in Punjab -- 13.1 Introduction -- 13.2 Coverage and Methodology -- 13.3 A Synoptic Review of Theory and Empirics -- 13.4 Analysis -- 13.4.1 Structural Change in Terms of Sectoral Shares -- 13.4.2 Structural Change in Terms of Distribution of Workforce -- 13.4.3 Economic Growth Trajectory and Tertiary Sector
  • 13.4.4 Spatial Distribution of Tertiary Sector
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9789811001970
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rdamedia
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