Marketable And Marketed Surplus In Agriculture

The present book contains an analytical study of marketable and marketed surplus of paddy in Warangal district of Telangana Region in Andhra Pradesh. The focus of the study is on the response of marketed surplus of paddy to output of various size-groups on the basis of cross-sectional farm data collected from the randomly selected sample of 320 farmers on one hand, and the response of marketed surplus of paddy to price movements on the basis of secondary time series data collected from selected markets (for which data were available regularly and consistently for longer period) in Warangal district on the other. The sampling design of the study was a three stage stratified random sampling technique with revenue mandal as the first stage sampling unit, village as the second stage unit and farmers as the third unit of analysis. The cross- sectional data collected for the study relates to a single agricultural year 1985-86. The small cultivators were found to have the maximum contractual obligations in contrast to other size groups of cultivators. The behaviour of marketed surplus as a proportion of production keeps on increasing as holding size increases. In all size groups studies, there exists a strong linear relationship between the marketed surplus and output. Since the elasticity of marketed surplus with respect to output exceeds unity, any increase in output is likely to be followed by a more than proportionate increase in marketed surplus. The price elasticity of market arrivals of Paddy were positive and greater than unity in Kesamudrem and Narsampet markets indicating that price response is higher. The book also examines several other important aspects. It can be extremely useful to agricultural planners, policy makers, teachers and researchers engaged in the study of problems of marketable surplus of agricultural products.