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2004

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A Perspective On Food Policies Evolution And Poverty In The Indian Republic (1950-2001), E. J. Wilson, D. P. Chaudhri Jan 2004

A Perspective On Food Policies Evolution And Poverty In The Indian Republic (1950-2001), E. J. Wilson, D. P. Chaudhri

Faculty of Commerce - Papers (Archive)

This paper analyses the rural food sector of the Indian Republic in an intertemporal growth context. A model is developed which includes the government's conflict between its poverty reducing attempts through public distribution of food, subsidized issue and support food prices and long term developmental goals. The ARDL cointegration procedure for mixed order dynamic processes identifies the major determinants of rural head count poverty for the period, 1953-2000.

The long run elasticity estimates clearly show the real consumer subsidised issue price and the real producer support price dominate the quantity effects of the per capita public distribution on rural head …