Total Factor Productivity and Returns of. Research Investment - A Study of Ragi Crop in Karnataka

摘要

There has been a significant rise in the total factor productivity in agriculture accounting over 50 per cent of output growth in green revolution period. Public research and extension have been the major source of increase in the productivity indicating a very high rate of return to investment on research and extension. Investment in agricultural research is one of the major determinants of agricultural development. Public agricultural research systems in both developed and developing countries areincresingly facing resource crunch and hence of late seeking priority setting procedures to help to mediate the often conflicting demands is gaining importance (George et al, 1992). In this context increasing returns to research investment on various commodities gains importance.