Saving and Investment Propensity of Farm Households
Evidences from India
S. Bisaliah‚ S. Mahendra Dev‚ Syed Saifullah‚ Dhritisree Sarkar‚ Aditi Chaubal
Evidences from India
About the Author(s) / Editor(s)
S. Bisaliah, PhD in Agriculture Economics from University of Minnesota, has been engaged in teaching, research, development work and academic administration for the last four decades. He had served as Chairman, Karnataka State Agricultural Price Commission, contributing for policy and programme formulation for agriculture development. The international working experiences of Prof Bisaliah include: Monitoring and Evaluation Expert, World Bank Forestry Project (Nigeria), thrice consultant to FAO (Rome), twice consultant to Economic and Social Commission for Asia and Pacific, and once Consultant to World Bank-FAO. He has 170 research articles and policy reports on agriculture/rural development and capital formation in agriculture.
S. Mahendra Dev, Director, Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India. Earlier he was Chairman of the Commission for Agricultural Costs and Prices, Govt. of India, Delhi and Director, Centre for Economic and Social Studies, Hyderabad (1999 to 2008). He received his PhD from the Delhi School of Economics and completed his Post-doctoral research at Yale. He has more than 100 research publications in national and international journals and has written extensively on agricultural development, poverty and public policy, food security, employment guarantee schemes, social security, farm and non-farm employment. He has been a consultant and adviser to many international organisations, such as UNDP, World Bank, International Food Policy Research Institute, ILO, FAO and ESCAP. He has been a member of several government committees including the Prime Minister’s Task Force on Employment and Rangarajan Commission on Financial Inclusion, and is presently member of the expert group on poverty.
Syed Saifullah, presently working in the Policy Assistance and Support Service of the Food and Agriculture Organization (FAO) of the United Nations, holding the position of Senior Policy Officer, joined FAO in 1983. Prior to that, he was working for the Organization for Economic Cooperation and Development (OECD). He completed his MSc in Economics from Birkbeck College, University of London and PhD in Economics from University of Paris-Dauphine, France. His field of specialisation includes: modelling for policy analysis, providing policy assistance and advice for sustainable agriculture and rural development and international trade. Dr Syed has published several research papers and is co-author of the book: Agriculture in the Cook Islands: New Directions (1993). His current research interest is in policies for promoting investment in agriculture. He is leading a Japanese Trust Fund Project on policies for promoting investment in agriculture, which led to initiation of work for this book.
Dhritisree Sarkar is a PhD student at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai. Her research topic is “Feminisation of Poverty in India”. She has done her Masters in Economics from Jawaharlal Nehru University, New Delhi. Her research interests include development economics, agricultural economics and econometrics.
Aditi Chaubal is a PhD student at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai. Her PhD thesis deals with the macroeconomic applications of nonlinear time series models. Her areas of research include: applied time series, macroeconomics and development economics. She has an undergraduate degree in Mathematics with honours in Physics and Mathematics prior to pursuing Economics at the graduate level.
Contents in Detail
List of Tables, Figures and Appendices
Preface.
1.Backdrop and the Study Theme
Macro and Micro Evidences
Objectives of the Study
2.Data Base, Sampling, Definition of Concepts
and Variables, and Estimation Methodology
The Data Base
Sampling and Data Coverage
Some Definitions
Methodology of Estimating Saving and Investible
Fund of Farm Households: Definitions and
Measurement of Variables
Two Other Data Sets
3.Income and Expenditure
Aggregative Results
Social Group-wise Results
Region-wise Distribution Pattern of GI,
PoC and NI
Household and Per Capita Income Distribution Pattern
Decomposition Analysis of GI, PoC and NI:
Irrigated versus Rainfed Farming
Dominant Activity Analysis of NFB
4.Saving Behaviour of Farm Households: Propensity
and Determinants
Saving Propensity of Farm Households
Determinants of Saving Propensity
Analysis of Empirical Results
An Overview of Influence of Predictor
Variables on Saving Propensity
Socioeconomic-Demographic Profile
of Two
Typologies of Sample Households
Saving Propensity of Households under Irrigated
and Rainfed Farming: Aggregative and
Disaggregative Analysis
Farm Household Group Income Distribution
and Saving Propensity
OLS Regression Results on Saving Function
An Overview of Results on Saving Propensity
5.Investible Funds: Magnitude, Sources, Determinants
and Allocation
Magnitude of Investible Funds
Composition of Investible Funds under Irrigated
and Rainfed Farming: Aggregate and Disaggregate
Analysis
Determinants of Investible Funds
Allocation of Investible Funds
Decomposition Analysis of Physical and Financial
Assets:Overall Results
Household Group Income Distribution and
Investible Fund Availability
A Methological Issue
Broad Economic Profile of Sample Households
and Some Relations: Graphical Analysis
6.Saving and Investment Propensity: NCAER
Data-Based Analysis
The Issues Addressed
National Council of Applied Economic Research
(NCAER) Data Set
Composition of Income and Paid-out Cost Analysis
Sources of NFB Income
Household Savings and Investible Fund Availability
Decomposition Analysis of Physical and Financial Assets
Saving Propensity Analysis: Saving Function Estimates
Investment Fund Availability Function Estimates
Broad Economic Profile of Sample Households and
Some Relations: Graphical Analysis
7.Saving and Investment Propensity:ICRISAT
Data-Based Analysis
The Theme and the Data Set
Part A: Analysis of Results on Five States: Data Set I
Composition of Income and Paid-out Cost
Household Income Analysis
Household Savings, Term Credit and
Investible Fund Analysis
Some Broad Inferences Abstracted
Determinants of Saving Propensity: Saving
Function Estimates
Investment Fund Availability Function Estimates
Results on Saving Propensity and IF Availability
Function Estimates: Based on Restricted Number
of Samples
Part B: Analysis of Results on East Indian States: Data Set II
The Focus
Composition of Income and Paid-out Cost
Household Income Analysis
Household Savings, Term Credit and Investible
Fund Analysis
Determinants of Saving Propensity: Saving
Function Estimates
Investible Fund Availability Function Estimates
Broad Economic Profile of Sample Households
and Some Relations: Graphical Analysis
8.Major Results Recapitulated, Inferences Derived
and Needed Policy Interventions
Distribution Patterns of GI, PoC, and NI: Source-wise
and Activity-wise
Distribution Pattern of Household and Per Capita
Income: Income Spread
Dominant NFB Activity Results
Saving Behaviour: Propensity and Determinants
Investible Fund Availability: Levels, Composition
and Determinants
Broad Economic Profile of Farm Households: Results
from Graphical Analysis
Gross Income and Income Distribution, Income
Distribution and Saving, and Income Distributionand
IF: Broad Behavioural Relationships
Major Inferences for Policy Intervention
The Needed Policy Interventions
Financial Exclusion and Inclusion
Mobilisation of Rural Savings: Institutional,
Financial Product and Technology Designs
References
| Publisher | AF Press |
| Publication Date | 2015 |
| Number of Pages | 412 |
| ISBN |
9789332701922 |
Academic Foundation (AF), based in New Delhi, is India’s leading independent publisher of academic/scholarly books in Social Sciences, specialising in Economics—Development Economics and Indian Economy in particular, and allied subjects.
About the Author(s) / Editor(s)
S. Bisaliah, PhD in Agriculture Economics from University of Minnesota, has been engaged in teaching, research, development work and academic administration for the last four decades. He had served as Chairman, Karnataka State Agricultural Price Commission, contributing for policy and programme formulation for agriculture development. The international working experiences of Prof Bisaliah include: Monitoring and Evaluation Expert, World Bank Forestry Project (Nigeria), thrice consultant to FAO (Rome), twice consultant to Economic and Social Commission for Asia and Pacific, and once Consultant to World Bank-FAO. He has 170 research articles and policy reports on agriculture/rural development and capital formation in agriculture.
S. Mahendra Dev, Director, Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India. Earlier he was Chairman of the Commission for Agricultural Costs and Prices, Govt. of India, Delhi and Director, Centre for Economic and Social Studies, Hyderabad (1999 to 2008). He received his PhD from the Delhi School of Economics and completed his Post-doctoral research at Yale. He has more than 100 research publications in national and international journals and has written extensively on agricultural development, poverty and public policy, food security, employment guarantee schemes, social security, farm and non-farm employment. He has been a consultant and adviser to many international organisations, such as UNDP, World Bank, International Food Policy Research Institute, ILO, FAO and ESCAP. He has been a member of several government committees including the Prime Minister’s Task Force on Employment and Rangarajan Commission on Financial Inclusion, and is presently member of the expert group on poverty.
Syed Saifullah, presently working in the Policy Assistance and Support Service of the Food and Agriculture Organization (FAO) of the United Nations, holding the position of Senior Policy Officer, joined FAO in 1983. Prior to that, he was working for the Organization for Economic Cooperation and Development (OECD). He completed his MSc in Economics from Birkbeck College, University of London and PhD in Economics from University of Paris-Dauphine, France. His field of specialisation includes: modelling for policy analysis, providing policy assistance and advice for sustainable agriculture and rural development and international trade. Dr Syed has published several research papers and is co-author of the book: Agriculture in the Cook Islands: New Directions (1993). His current research interest is in policies for promoting investment in agriculture. He is leading a Japanese Trust Fund Project on policies for promoting investment in agriculture, which led to initiation of work for this book.
Dhritisree Sarkar is a PhD student at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai. Her research topic is “Feminisation of Poverty in India”. She has done her Masters in Economics from Jawaharlal Nehru University, New Delhi. Her research interests include development economics, agricultural economics and econometrics.
Aditi Chaubal is a PhD student at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai. Her PhD thesis deals with the macroeconomic applications of nonlinear time series models. Her areas of research include: applied time series, macroeconomics and development economics. She has an undergraduate degree in Mathematics with honours in Physics and Mathematics prior to pursuing Economics at the graduate level.
Contents in Detail
List of Tables, Figures and Appendices
Preface.
1.Backdrop and the Study Theme
Macro and Micro Evidences
Objectives of the Study
2.Data Base, Sampling, Definition of Concepts
and Variables, and Estimation Methodology
The Data Base
Sampling and Data Coverage
Some Definitions
Methodology of Estimating Saving and Investible
Fund of Farm Households: Definitions and
Measurement of Variables
Two Other Data Sets
3.Income and Expenditure
Aggregative Results
Social Group-wise Results
Region-wise Distribution Pattern of GI,
PoC and NI
Household and Per Capita Income Distribution Pattern
Decomposition Analysis of GI, PoC and NI:
Irrigated versus Rainfed Farming
Dominant Activity Analysis of NFB
4.Saving Behaviour of Farm Households: Propensity
and Determinants
Saving Propensity of Farm Households
Determinants of Saving Propensity
Analysis of Empirical Results
An Overview of Influence of Predictor
Variables on Saving Propensity
Socioeconomic-Demographic Profile
of Two
Typologies of Sample Households
Saving Propensity of Households under Irrigated
and Rainfed Farming: Aggregative and
Disaggregative Analysis
Farm Household Group Income Distribution
and Saving Propensity
OLS Regression Results on Saving Function
An Overview of Results on Saving Propensity
5.Investible Funds: Magnitude, Sources, Determinants
and Allocation
Magnitude of Investible Funds
Composition of Investible Funds under Irrigated
and Rainfed Farming: Aggregate and Disaggregate
Analysis
Determinants of Investible Funds
Allocation of Investible Funds
Decomposition Analysis of Physical and Financial
Assets:Overall Results
Household Group Income Distribution and
Investible Fund Availability
A Methological Issue
Broad Economic Profile of Sample Households
and Some Relations: Graphical Analysis
6.Saving and Investment Propensity: NCAER
Data-Based Analysis
The Issues Addressed
National Council of Applied Economic Research
(NCAER) Data Set
Composition of Income and Paid-out Cost Analysis
Sources of NFB Income
Household Savings and Investible Fund Availability
Decomposition Analysis of Physical and Financial Assets
Saving Propensity Analysis: Saving Function Estimates
Investment Fund Availability Function Estimates
Broad Economic Profile of Sample Households and
Some Relations: Graphical Analysis
7.Saving and Investment Propensity:ICRISAT
Data-Based Analysis
The Theme and the Data Set
Part A: Analysis of Results on Five States: Data Set I
Composition of Income and Paid-out Cost
Household Income Analysis
Household Savings, Term Credit and
Investible Fund Analysis
Some Broad Inferences Abstracted
Determinants of Saving Propensity: Saving
Function Estimates
Investment Fund Availability Function Estimates
Results on Saving Propensity and IF Availability
Function Estimates: Based on Restricted Number
of Samples
Part B: Analysis of Results on East Indian States: Data Set II
The Focus
Composition of Income and Paid-out Cost
Household Income Analysis
Household Savings, Term Credit and Investible
Fund Analysis
Determinants of Saving Propensity: Saving
Function Estimates
Investible Fund Availability Function Estimates
Broad Economic Profile of Sample Households
and Some Relations: Graphical Analysis
8.Major Results Recapitulated, Inferences Derived
and Needed Policy Interventions
Distribution Patterns of GI, PoC, and NI: Source-wise
and Activity-wise
Distribution Pattern of Household and Per Capita
Income: Income Spread
Dominant NFB Activity Results
Saving Behaviour: Propensity and Determinants
Investible Fund Availability: Levels, Composition
and Determinants
Broad Economic Profile of Farm Households: Results
from Graphical Analysis
Gross Income and Income Distribution, Income
Distribution and Saving, and Income Distributionand
IF: Broad Behavioural Relationships
Major Inferences for Policy Intervention
The Needed Policy Interventions
Financial Exclusion and Inclusion
Mobilisation of Rural Savings: Institutional,
Financial Product and Technology Designs
References
| Publisher | AF Press |
| Publication Date | 2015 |
| Number of Pages | 412 |
| ISBN |
9789332701922 |
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