New Economics Papers
on Agricultural Economics
Issue of 2005‒05‒23
two papers chosen by

  1. Food Insecurity and Insufficiency at Low Levels of Food Expenditures By Craig Gundersen; David C. Ribar
  2. Roles of the Banking Sector in Indian Agriculture -A Paradigm Shift By Deepak Kumar

  1. By: Craig Gundersen (Iowa State University); David C. Ribar (George Washington University and IZA Bonn)
    Abstract: This study uses data from the December 2003 Food Security Supplement of the CPS to compare the food insufficiency and insecurity measures with objective measures of food expenditures and objective and subjective measures of food needs. The study examines the general relationships between these variables and finds that reports of food hardships are positively associated with food expenditures and negatively associated with needs. The study goes on to examine reports of food hardships at low very levels of food expenditures, where we conjecture that most people should experience food problems. When expenditures are scaled by an objective measure of needs, there is no point along the expenditure distribution where more than half of the survey respondents report experiencing being food insufficient or insecure. However, when expenditures are scaled by a subjective threshold, we observe near-universal reporting of food problems at low levels of expenditures. The findings indicate that the food insufficiency and insecurity measures each incorporate a large subjective component, which limits the usefulness of the measures for comparing the extent of food hardships across populations or over time or evaluating the effects of assistance programs.
    Keywords: food insecurity, food insufficiency, expenditures, non-parametric regression
    JEL: I3
    Date: 2005–05
  2. By: Deepak Kumar (ICFAI University Press)
    Abstract: A changing environment and government policies are forcing banks to lend more to the agricultural sector. Both private and public banks are now involving themselves in a lot of agri-based lending activities.Besides financing traditional activities, banks are also involved in training and setting up consultancies, agri clinics, the export and marketing of agricultural produce, etc. The tie up of HDFC with NAFED and SBI with Cargill India will see a new revolution in the agricultural sector in India.
    Keywords: Banking Sector ,Indian Agriculture
    JEL: G
    Date: 2005–05–18

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