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IS CHANGE IN CONSUMPTION PATTERN TOWARDS HIGH-VALUE COMMODITIES DRIVING PRODUCTION DIVERSIFICATION IN INDIA?
M. ARUN, P.G. CHENGAPPA, B.N. PRADEEP BABU, C.G. YADAV

Published in: International Journal of Agriculture Sciences
Volume- 9, Issue-45, pp.4740-4746, Sep 2017
DPI :-> 16.10077.IJAS.2017.V9I45.47404746.2032



Abstract
This paper examines both consumption and production diversification towards high value commodities (HVCs) in India. A clear structural shift in consumption from food grains, particularly cereals, to high-value commodities (HVCs) comprising mainly livestock based foods, horticulture products, and beverages is witnessed in both rural and urban India. Similarly, the increasing share of HVCs accounting for more than half of the total agricultural value of output in the recent decade provides ample evidence of production diversification towards HVCs. Thus, a perceptible positive relationship between the rise in consumption expenditure on HVCs and their production (value of output) is discernible. The determinants of diversification towards HVC estimated through a pooled WLS regression analysis further provided the empirical evidence that changing consumption pattern towards HVCs is distinctly driving production diversification at the national level. Additionally, the structural changes in terms of development of markets, road network, irrigation, technology, urbanization and growing income levels have positively influenced agricultural diversification towards HVCs.

Key-Words / Index Term
Consumption pattern, monthly per capita expenditure, value of output, production diversification, high-value commodities, consumption elasticity

How to cite this article
M. ARUN, P.G. CHENGAPPA, B.N. PRADEEP BABU, C.G. YADAV , “IS CHANGE IN CONSUMPTION PATTERN TOWARDS HIGH-VALUE COMMODITIES DRIVING PRODUCTION DIVERSIFICATION IN INDIA?”, International Journal of Agriculture Sciences, 9, Issue-45, pp.4740-4746, Sep 2017. DPI:16.10077.IJAS.V9.I45.2032