International Journal of Social Science & Economic Research
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Title:
IMPACT OF FERTILIZERS AND PESTICIDES ON INDIA’S AGRICULTURAL PRODUCTIVITY: A STUDY USING OLS MODEL

Authors:
Sankalp Rawal

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Sankalp Rawal
Department of Economics, Aryabhatta College, University of Delhi, New Delhi, India, 110021

MLA 8
Rawal, Sankalp. "IMPACT OF FERTILIZERS AND PESTICIDES ON INDIA’S AGRICULTURAL PRODUCTIVITY: A STUDY USING OLS MODEL." Int. j. of Social Science and Economic Research, vol. 6, no. 9, Sept. 2021, pp. 3339-3357, doi.org/10.46609/IJSSER.2021.v06i09.018. Accessed Sept. 2021.
APA 6
Rawal, S. (2021, September). IMPACT OF FERTILIZERS AND PESTICIDES ON INDIA’S AGRICULTURAL PRODUCTIVITY: A STUDY USING OLS MODEL. Int. j. of Social Science and Economic Research, 6(9), 3339-3357. Retrieved from https://doi.org/10.46609/IJSSER.2021.v06i09.018
Chicago
Rawal, Sankalp. "IMPACT OF FERTILIZERS AND PESTICIDES ON INDIA’S AGRICULTURAL PRODUCTIVITY: A STUDY USING OLS MODEL." Int. j. of Social Science and Economic Research 6, no. 9 (September 2021), 3339-3357. Accessed September, 2021. https://doi.org/10.46609/IJSSER.2021.v06i09.018.

References
[1}. McArthur and McCord, Journal of Development Economics, Volume 127, “Fertilizing growth: Agricultural inputs and their effects in economic development”, Pages-133 to 152, Published- 2017, https://www.sciencedirect.com/science/article/pii/S0304387817300172
[2]. Aktar, Sengupta and Chowdhury, National Center for Biotechnology Information, “Impact of pesticides use in agriculture: their benefits and hazards, Published- 2009, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2984095/, (24/05/2021)
[3]. Reserve Bank of India, Database on Indian economy, Data for agriculture yield from 1980 to 2014; https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics, (20/05/2021)
[4]. Food and Agriculture Organization of the United Nations, Data for fertilizer and pesticide use from 1980 to 2014; http://www.fao.org/faostat/en/#data, (20/05/2021)

Abstract:
The significance of the secondary and tertiary sectors in India's GDP is increasing, yet the primary sector or agriculture, in particular, has always been vital for India's growth. The agriculture sector depends on critical inputs such as pesticides and fertilizer. This paper seeks to quantify and analyze the impact of fertilizers and pesticides on India's agricultural yield from 1980 to 2014. A multiple linear regression model using the Ordinary Least Squares (OLS) method is derived to obtain the required results. The paper also presents additional tests performed to check for OLS violations and validate the results derived from the model. The paper's findings suggest that an increase in 1% of the fertilizer consumption by Indian farmers increases India's mean predicted total agriculture yield by 0.186406%, keeping consumption of pesticides constant. Likewise, an increase of 1% of the consumption of pesticides by Indian farmers increases India's mean predicted total agriculture yield by 0.0746664%, keeping fertilizers constant.

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