National Academy of Agricultural Sciences (NAAS)
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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
Income, savings and investment are the three key variables of an economy while investment is the sine-qua-none of the economic development. The present study was an analysis of the determinants of capital formation in agriculture in Hadoti Region of Rajasthan state. In order to achieve the study Primary Data were collected with pretested structured schedule by personal interview method from 2012-13 to 2014-15. Seven (7) factors were included in the present study, namely, education (years), age (years), family size (number), land holding (ha), cropping intensity (%), household income (Rs.) and saving (Rs.) Multiple linear regression model was used to identify determinants of capital formation. Results revealed multiple linear regression models were significant as indicated by F ratios and were good fit as revealed by the R2 values. The F ratio was significant at 1 per cent probability level in all the cases in the Hadoti Region while the R2 was not less than 90 per cent in all the cases except medium (79 per cent) and large farmers (80 per cent) in the Hadoti Region. In Hadoti Region the factors that significantly affected the capital formation were land holding, cropping intensity, income, saving and family size all these factors had positive and significant impact on the capital formation. The Higher levels of these factors, higher the capital formation and vice versa.
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