A Modified Diversity Index and its Application to Crop Diversity in Assam, India

Bharati, P.; De, U. K.; Pal, Manoranjan

A Modified Diversity Index and its Application to Crop Diversity in Assam, India

Bharati, P., De, U. K. and Pal, M. (2015), A modified diversity index and its application to crop diversity in Assam, India, AIP Conference Proceedings 1643

12 Pages Posted: 21 Feb 2015

See all articles by P. Bharati

U. K. De

North-Eastern Hill University (NEHU) - Department of Economics

Manoranjan Pal

Indian Statistical Institute - Economic Research Unit

Date Written: February 5, 2015

Abstract

A new measure of diversification index is proposed taking the correlation structures of the shares into consideration. This index is a generalization of the Herfindahl-Hirschman Index (HHI) proposed in the context of concentration in industries. When this index is applied in the crop production along with other related data in Assam, India, it is seen that many of the interrelations are changed from that of found by HHI. The analysis helps us to plan for improvement of crop patterns in a region prudently.

Keywords: Crop Diversity, Herfindahl-Hirschman Index, Hall and Tideman Index, Cropping Pattern of Assam

JEL Classification: Q1, B23, C02, C43

Suggested Citation: Suggested Citation

Bharati, Premananda and De, Utpal Kumar and Pal, Manoranjan, A Modified Diversity Index and its Application to Crop Diversity in Assam, India (February 5, 2015). Bharati, P., De, U. K. and Pal, M. (2015), A modified diversity index and its application to crop diversity in Assam, India, AIP Conference Proceedings 1643, Available at SSRN: https://ssrn.com/abstract=2567665