ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

On the Allocative Efficiency under Risk in Transforming Traditional Agriculture

Agricultural sectors in the less-developed countries of Asia, Africa, and Latin America are undergoing a spread of new seed varieties and an intensive application of fertiliser and irrigation inputs. It has been observed that, in the allocation of modern inputs, farmers apply a discounting factor on the expert advice because yields diverge considerably from those claimed by the agricultural scientists.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top