Milk, Fodder, and the Green Revolution: The Case of Mixed Farming in the Pakistan Punjab

Takashi Kurosaki

Abstract


This paper analyses household decisions in producing cereal
crops, green fodder crops, and milk, for the case of mixed' farming in
the Pakistan Punjab. In the Punjab agriculture, increased household
income and increased yields of cereal crops after the Green Revolution
have resulted in the growing importance of milk in household economy.
Using a sensitivity analysis based on a household model of crop choices
under uncertainty, this paper emphasises the constraint that fodder
represents for further increases in food-grain output. Results show that
the welfare cost of production risk is significant, it is higher for
land-poor households, and its significant part is attributable to green
fodder price risk. The welfare and supply effects of more elastic fodder
demand and increased fodder yields are investigated. These innovations
in fodder technology are suggested to have a higher potential to improve
household welfare and to induce a robust supply response of cereal crops
with respect to their prices, than a crop insurance scheme to hedge
against yield risk.

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DOI: https://doi.org/10.30541/v35i4IIpp.537-548

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