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 |
It is well known fact that the globalization and ongoing reforms under WTO regime has more pressure especially being exerted on agriculture and to improve its efficiency, so as to enable agricultural commodities to compete in international market. Of late, there has been surge in demand for maize in the international market and this crop has attracted global interest. In view of this, an attempt has been made to quantify the inefficiency existing in the production process of maize and policy prescription to control inefficiencies to make Indian maize more competitive. The study reveals that various measures of inefficiency have shown an inverse relationship between farm size and inefficiency in panel - I (pre WTO) while in panel - II the medium farms were least inefficient. Unlike in panel - I, no clear relationship between farm size and inefficiency could be observed in the panel - II. Notwithstanding this, the existence of inefficiency indicates that there is a potential for decreasing cost and raising output and profit. Further, when the farms of different size-classes over two panels were considered, it was found that the degree of inefficiency of farms for respective sizes in the panel - I is significantly higher than that in the panel - II.
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