Artikel
Food price inflation in India: The growing economy with sluggish agriculture
India is experiencing high rate of economic growth in the last two decades but the growth has been coupled with high rate of food price inflation. The growth has been very uneven across sectors with agriculture remaining very sluggish. The increase in per capita income has significantly increased the demand for food but agricultural production has failed to keep pace with the growing demand. The theoretical explanations and time series econometric results establish that increase in per capita income and shortage in supply are responsible for price rise. There is no long run relationship between money supply and agricultural price. Increasing public expenditure and unfavorable foreign exchange rate have some effects on price although the results are not robust.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Journal of Economics, Finance and Administrative Science ; ISSN: 2218-0648 ; Volume: 20 ; Year: 2015 ; Issue: 38 ; Pages: 30-40 ; Barcelona: Elsevier España
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
- Thema
-
Economic growth
Per capita income
Growing demand
Food grains production
Public expenditure
Shortage
Price rise
Crecimiento económico
Renta per cápita
Crecimiento de la demanda
Producción de cereales para alimentación
Gasto público
Escasez
Incremento de los precios
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sasmal, Joydeb
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier España
- (wo)
-
Barcelona
- (wann)
-
2015
- DOI
-
doi:10.1016/j.jefas.2015.01.005
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft.
Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Sasmal, Joydeb
- Elsevier España
Entstanden
- 2015
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