Resumen de Growth Trends of Commercial Crops Production, Area, and Yield in India: An Appraisement of the Structural Stability Regression Model
The significance of agricultural crops to an economy and their structural stability are shown by the production, area, and yield of agricultural output from commercial crops as well as by growth trends and structural stability. This study's objective is to evaluate the development, trend, and structural stability of commercial crop output in India before and after the implementation of the new agricultural policy from 1980 to 2000 and 2001 to 2020. To achieve the goals, secondary data will be used from the Reserve Bank of India's handbook of statistics on the Indian economy (2020–2021). Estimation methods included the least squares method, the t test, and the structural stability regression model. From 1980 to 2000, the average growth rate of commercial crops like Oilseeds, coffee, cotton, raw jute and mesta, sugarcane, tea, and tobacco were 59.1%, 66%, 159%, 21%, 4.4%, 52.2%, and 20.4 percent, respectively. The area under cultivation increased by13.4%, 69.6%, 33.3%, -17%, 31.9%, 33.3%, and -2.4 percent. In the pooled era, these commercial crops' production and area had correlation coefficients of 0.89, 0.93, -0.04, 0.02, 0.93, and 0.63, respectively. The study also shows that there is no significant difference in the variances of production and the yield of oilseeds and significant the area under cultivation. The yield and production of commercial crops are rising, while India's commercial production area and structure have altered over time. The emphasis should be on improving policy implementation and increasing yield through technological innovation, improved cultivation and area, agricultural research and development, and training in India.
