The curious case of Indian agriculture

This paper examines association between the cyclical component of agricultural output and rainfall in India. When the cause of food inflation is because of supply shortage driven by inadequate rainfall and poor irrigation facilities, then a contractionary monetary policy may lead to stagflation. Considering agricultural output and rainfall data from four states in India we find evidence in favor of association.

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Year of publication:	2012-04-28
Authors:	Banik, Nilanjan ; Biswas, Basudeb

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Banik, Nilanjan and Biswas, Basudeb (2012): The curious case of Indian agriculture. Forthcoming in:
Classification:	E31 - Price Level; Inflation; Deflation
Source:	BASE

Persistent link: https://www.econbiz.de/10015231959