Variable

China

India


Early

Middle

Late

Total

Kharif

Rabi

Total


Lagged own area
 
−0.532*** (0.081)

0.593*** (0.127)
    
Own domestic crop price

0.302*** (0.068)

0.134* (0.074)

0.302*** (0.030)

0.230*** (0.061)

0.189 (0.126)

0.251 (0.429)

0.156 (0.092)

Rainfall
    
0.201*** (0.049)

0.481* (0.225)

0.161*** (0.056)

Difference MSPWSP
    
0.033*** (0.009)

0.063* (0.033)

0.012* (0.006)

Dummy 2008
   
−0.073** (0.024)
   
Constant

−0.033*** (0.009)

0.017 (0.007)

−0.016** (0.007)

−0.011** (0.005)

−0.003 (0.005)

0.004 (0.035)

0.000 (0.005)

N

13

13

14

15

16

16

23

Joint Ftest (p value)

0.001

0.000

0.000

0.001

0.001

0.042

0.038

Adj. R
^{2}

0.459

0.474

0.768

0.562

0.563

0.230

0.365

Why this specif.?

A, B, C

A, B, C

A, B, C

A, B, C

A, B, C

A, B, C

A, B, C

 All variables except dummies are in log differences. Figures in parentheses are NeweyWest autocorrelation adjusted standard errors. Criteria for selection of specification (with versus without lagged area): A: adjusted R
^{2} higher in the chosen specification; B: BIC lower in the chosen specification; C: statistical significance of the coefficient for the autoregressive term
 *P < 0.10, ** P <0.05, *** P <0.01