Dear Dr.

Bisaliah,

I am giving below structure of the study based on our discussions.

regards
Mahendra Dev

Plan of the Study on Capital Formation in Indian Agriculture Based on Farm Level
Data

1. Aggregate All India Level (Total of the States)

(a) Growth Rates for three periods: Triennial averages (i) 1994-95, 1995-96, 1996-97 (ii)
2000-01, 2001-02, 2002-03 and (3) 2005-06, 2006-07, 2007-08

Three periods: (1) 1994-96 to 2001-03

(2) 2001-03 to 2005-08

(3) 1994-96 to 2005-08

(b) Composition of Capital Stock for the above three periods

2. Spatial and Temporal Variations

(a) Growth Rates for each states for the above three periods

(b) Composition for each state for the above three periods

Ratios: A/L, A/K, K/L, O/L, O/A, O/k; A Area, L Labour, K capital, O output

3. Disaggregate Level: Farm Level

 Select three States. Pick up half of the sample from each state covering all farm size
classes. Either pick up 2nd, 4th, 6th … farmer from the sample or go for purposive
sampling.

(a) Growth Rates for above periods for each state and total by size classes

(b) Composition for size classes

(c) Analysis of ratios given above

3.1. Determinants of Capital Formation

Regression analysis

K = f (farm size, dummy for education, credit, irrigation ratio)

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Further Date needed

Value of land, value of output, selecting 3 states, deflators for capital stock, man
days

regards,

Mahendra Dev