| 000 -LEADER |
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| fixed length control field |
01252pab a2200193 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b2003 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Parikh, Kirit |
| 245 ## - TITLE STATEMENT |
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| Title |
Growth and welfare consequences of rise in MSP |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
2003 |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
p.891-95. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
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| Dates of publication and/or sequential designation |
1 Mar |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
This note summarises the results of a recently completed study that examined the consequences of increasing the minimum support price (MSP) of wheat and rice by 10 per cent, with an applied general equilibrium model of India with 65 sectors, and five rural and five urban expenditure classes. The results show that an increase in the MSP of wheat and rice leads to decline in overall GDP, increase in aggregate price index and reduction in investments. Even the increase in agricultural GDP resulting from higher MSP dwindles rapidly and only a minuscule positive impact on agricultural GDP remains by the third year. More importantly, in terms of welfare the bottom 80 per cent of the rural and all of urban population are worse off. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Agricultural prices - India |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Agricultural prices |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
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| Personal name |
Darbha, Gangadhar |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
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| Personal name |
Ganesh-Kumar, A. |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Economic and Political Weekly |
| 909 ## - |
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| -- |
55714 |
