Sowing seeds of prosperity: Uncovering the calculated growth, instability and decomposition of cotton in India

Abstract

The present study examines the growth, instability and decomposition of cotton in India. The compound growthrate analysis revealed that the cotton cultivation area in India experienced a compound growth rate of 0.68 per cent, cottonproduction showed a compound growth rate of 3.31 per cent and cotton yield exhibited a compound growth rate of 2.6per cent from 1951 to 2020. The instability analysis using the Cuddy-Della Valle index indicates that cotton production hada coefficient of variation of 42.45 per cent, while cotton yield had a coefficient of variation of 25.83 per cent. Decompositionanalysis further reveals that the contribution of yield effect to cotton production in India ranged from 145.27 per cent inone period to -39.22 per cent in another period. The findings highlight significant growth in cotton area, production, andyield in India, although with some fluctuations and instabilities. Technological advancements were identified as the drivingforce behind the increased cotton production. The study emphasizes the importance of addressing production risks andsuggests policies that focus on improving yield to further enhance cotton production in India.