Details

Autor(en) / Beteiligte

• Mukherjee, Anit N.
• Kuroda, Yoshimi

Titel

Productivity growth in Indian agriculture: is there evidence of convergence across states?

Ist Teil von

• Agricultural economics, 2003-07, Vol.29 (1), p.43-53

Ort / Verlag

Elsevier B.V

Erscheinungsjahr

2003

Quelle

Wiley Online Library

Beschreibungen/Notizen

• This paper explores the question of convergence in total factor productivity (TFP) in agriculture across fourteen major agricultural states of India. Using a Törnqvist–Theil index for TFP growth for the period 1973–1993, we find no evidence to support convergence to a single TFP level ( σ-convergence). After grouping the various states on the basis of their productivity performance, we find that the high-performing states show a gradual movement towards the trend, whereas the low-performing states generally show more volatility. Testing for long-run convergence in levels of agricultural productivity, we find evidence of conditional beta-convergence after controlling for state-specific factors and idiosyncratic year-specific volatility. The results are robust to alternative specifications of tests of unit root in panel data developed recently.