An Assessment of the Weather and Technological Change on Agriculture Revenue of Maize Crop in Karnataka

Abstract

Presently the agriculture economy influenced by the weather and technological implication. In state maize has occupied top fourth place (10.79%) in total area of cultivation, is highly sowing in rainfed area (65.94%). Study estimates the revenues over a period form 2002-2018 and estimated moving average of revenue to the capital-intensive technology and labor- intensive technology based on the market arrivals data. The implication of capital-intensive technology in agriculture production brings higher output than labor intensive technology even a change in weather, but not more than 2010. The study found that changes in production to the weather and technology has direct relation, but weather negatively impacts on maize crop. Due to the weather extreme events, the prices have positive relation with drought and inverse relation to quantity arrival and rainfall helps to maintain economic stability by the consumer and producer surplus with higher income. To fulfill the loss of agriculture output and to reduce the risks from weather extreme events Maize was converting commercially as a food crop, it greatly caused to increase the amount of cultivation and revenue to the farmers across the State.