The main objective of the study is to examine the long-run relationship between public investment and foodgrains productivity across the fifteen major states of India. The analysis is confined to the period, 1974- 75 to 2000- 01. In order to examine the long-run impact of public investment on foodgrains productivity, the study uses Koyck s Autoregressive Distributed Lag model (ADL). The same methodology has also been used to test the long-run relationship between foodgrains productivity and investment in irrigation the major component of public investment. The study shows that the growth of...
The main objective of the study is to examine the long-run relationship between public investment and foodgrains productivity across the fifteen major...
