Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act

Bihar, among the poorest and least industrialized states in India implemented the most far reaching agricultural market reforms in 2006 by removing law (APMC act) that restricted farmers to selling in government regulated markets. With the unmatched radicalness of this reform, its impacts, and impli...

Full description

Bibliographic Details
Main Authors: Kishore, Avinash, Kishore, Prabhat, Roy, Devesh, Saroj, Sunil
Format: Conference Paper
Language:Inglés
Published: International Association of Agricultural Economists 2021
Subjects:
Online Access:https://hdl.handle.net/10568/143010
_version_ 1855530312113586176
author Kishore, Avinash
Kishore, Prabhat
Roy, Devesh
Saroj, Sunil
author_browse Kishore, Avinash
Kishore, Prabhat
Roy, Devesh
Saroj, Sunil
author_facet Kishore, Avinash
Kishore, Prabhat
Roy, Devesh
Saroj, Sunil
author_sort Kishore, Avinash
collection Repository of Agricultural Research Outputs (CGSpace)
description Bihar, among the poorest and least industrialized states in India implemented the most far reaching agricultural market reforms in 2006 by removing law (APMC act) that restricted farmers to selling in government regulated markets. With the unmatched radicalness of this reform, its impacts, and implications for farmers, has not been analyzed. Taking the natural experiment of repeal of APMC, we first assess the impacts on market level outcomes employing synthetic control method and find that repeal of APMC act did not lead to increase in market efficiency, reduction in the wholesale-retail price wedge and wholesale prices of food items. Yet, at the farmer level, by uniquely employing panel data on farm harvest prices (FHP) and farming characteristics, we find evidence of impacts on FHP that varies by crop. The DID estimates show that repeal of APMC actually impacted in terms of lower FHP of paddy with a larger negative effect on marginal farmers. FHP of maize, grown mainly for exports to other states and countries and where new entry of buyers took place, was higher possibly because of increased competition among buyers and use of alternate and more direct channels of procurement from farmers that increased marketing efficiency.
format Conference Paper
id CGSpace143010
institution CGIAR Consortium
language Inglés
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher International Association of Agricultural Economists
publisherStr International Association of Agricultural Economists
record_format dspace
spelling CGSpace1430102024-11-13T12:23:13Z Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act Kishore, Avinash Kishore, Prabhat Roy, Devesh Saroj, Sunil models policies agricultural policies farm income wholesale prices agricultural prices markets retail prices prices legislation Bihar, among the poorest and least industrialized states in India implemented the most far reaching agricultural market reforms in 2006 by removing law (APMC act) that restricted farmers to selling in government regulated markets. With the unmatched radicalness of this reform, its impacts, and implications for farmers, has not been analyzed. Taking the natural experiment of repeal of APMC, we first assess the impacts on market level outcomes employing synthetic control method and find that repeal of APMC act did not lead to increase in market efficiency, reduction in the wholesale-retail price wedge and wholesale prices of food items. Yet, at the farmer level, by uniquely employing panel data on farm harvest prices (FHP) and farming characteristics, we find evidence of impacts on FHP that varies by crop. The DID estimates show that repeal of APMC actually impacted in terms of lower FHP of paddy with a larger negative effect on marginal farmers. FHP of maize, grown mainly for exports to other states and countries and where new entry of buyers took place, was higher possibly because of increased competition among buyers and use of alternate and more direct channels of procurement from farmers that increased marketing efficiency. 2021-11-01 2024-05-22T12:11:33Z 2024-05-22T12:11:33Z Conference Paper https://hdl.handle.net/10568/143010 en Open Access International Association of Agricultural Economists Kishore, Avinash; Kishore, Prabhat; Roy, Devesh; and Saroj, Sunil. 2021. Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act. Presented at the 31st International Conference of Agricultural Economists, New Delhi, India, August 17-31, 2021. https://purl.umn.edu/315092
spellingShingle models
policies
agricultural policies
farm income
wholesale prices
agricultural prices
markets
retail prices
prices
legislation
Kishore, Avinash
Kishore, Prabhat
Roy, Devesh
Saroj, Sunil
Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act
title Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act
title_full Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act
title_fullStr Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act
title_full_unstemmed Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act
title_short Impacts of sweeping agricultural marketing reforms in a poor state of India: Evidence from repeal of the APMC act
title_sort impacts of sweeping agricultural marketing reforms in a poor state of india evidence from repeal of the apmc act
topic models
policies
agricultural policies
farm income
wholesale prices
agricultural prices
markets
retail prices
prices
legislation
url https://hdl.handle.net/10568/143010
work_keys_str_mv AT kishoreavinash impactsofsweepingagriculturalmarketingreformsinapoorstateofindiaevidencefromrepealoftheapmcact
AT kishoreprabhat impactsofsweepingagriculturalmarketingreformsinapoorstateofindiaevidencefromrepealoftheapmcact
AT roydevesh impactsofsweepingagriculturalmarketingreformsinapoorstateofindiaevidencefromrepealoftheapmcact
AT sarojsunil impactsofsweepingagriculturalmarketingreformsinapoorstateofindiaevidencefromrepealoftheapmcact