Major Crops in Western India: Factor Productivity and Marketed Surplus

Achieving food security and self-reliance have been the cherished goals of agricultural policy in India. The introduction and rapid spread of modern varieties have resulted in a steady growth in agricultural output. The innovation in technology is one of the most important factors affecting crop production. Total factor productivity is an important instrument to evaluate the performance of any production system, and it indicates whether production growth is taking place in a cost effective and sustainable manner. Sustainable growth necessitates faster growth in output as compared to that in input. This is possible only by shift in production function through technical change. The present study has been conducted with the following specific objectives:(i)to examine the behaviour of input-output prices,factor share and total factor productivity,(ii) to estimate the factor demand, output supply and consumer demand elasticity,(iii) to compute the marketed surplus elasticity with respect to factor price, product price and technology, and(iv) to measure the effect the price and non-price factors on factor demand, output supply and marketed surplus and its implication towards food security