Agricultural Production in Uttar Pradesh in the New Economic Regime: An Empirical Analysis Based on Cobb Douglas Production Function

By : Raushan Kumar , Sharad Ranjan , Chhaya Chanchal

Page No: 309-314

Abstract
This paper evaluates the progress of UP agriculture since 1980s. Cobb Douglas Production Function approach is used to analyse the determinants of agricultural productivity from the periods 1986–87 to 2007–08, i.e., during pre and post-WTO1 periods. The estimation of the aggregate agricultural production function with both slope and year dummies indicates that UP agriculture sector is in Decreasing Returns to Scale phase after the WTO agreements, reflecting that the input availability is under strain during the same period.

Authors :
Raushan Kumar : Assistant Professor, Department of Economics, Zakir Husain PG Evening College, University of Delhi.
Sharad Ranjan : Associate Professor, Department of Economics, Zakir Husain PG Evening College, University of Delhi.
Chhaya Chanchal : Assistant Professor, Department of Education, Aditi Mahavidyalaya, University of Delhi.