This study analyzed the supply response of maize in Dindigul District of Tamil Nadu. The data regarding price and non-price factors (area, yield, rainfall) were collected from the season and… Click to show full abstract
This study analyzed the supply response of maize in Dindigul District of Tamil Nadu. The data regarding price and non-price factors (area, yield, rainfall) were collected from the season and crop report of Tamil Nadu for the period of about 21 years (1991-2011). Nerlovian Partial Adjustment Model was used to analyze the supply response. In the acreage response model, lag maize area and lag maize price were found to be positively 1 per cent and 5 per cent significant with the current maize acreage respectively. If lag maize area and lag maize price is increased by one per cent, it will lead to an increase of about 0.59 per cent and 0.96 per cent of current maize acreage respectively. In the yield response model, lag maize yield and lag maize price were found to be significant with the current maize yield. In the production response model, lag own price was found to be significant with the current maize production.
               
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