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IndFarmCost

IndFarmCost is an R package for calculating and analysing the Indian farm cost concepts A1, A2, B1, B2, C1, C2, and C3 used in agricultural cost-of-cultivation and farm management studies.

Cost concepts implemented

Concept Formula implemented
A1 Sum of specified A1 cost components
A2 A1 + rent paid for leased-in land
B1 A1 + interest on owned fixed capital excluding land
B2 B1 + rental value of owned land + rent paid for leased-in land
C1 B1 + imputed value of family labour
C2 B2 + imputed value of family labour
C3 C2 + managerial charge; default is 10% of C2

The managerial rate is configurable through managerial_rate.

Main features

Installation from a local source package

install.packages("IndFarmCost_0.1.0.tar.gz", repos = NULL, type = "source")

Quick example

library(IndFarmCost)

dat <- farm_cost_example()
costs <- farm_costs(dat)
costs[, c("farm_id", "crop", "A1", "A2", "B1", "B2", "C1", "C2", "C3")]

summary(costs)
plot(costs, row = 1)

farm_returns(
  costs,
  main_output = "main_output_q",
  main_price = "main_price_rs_q",
  byproduct_output = "byproduct_output_q",
  byproduct_price = "byproduct_price_rs_q"
)

Methodological note

The package follows the standard structure of Indian cost concepts used in cost-of-cultivation studies. Users should verify the valuation rules, wage imputation, rental valuation, interest rates, and any study-specific treatment of inputs against the methodology applicable to their dataset and reference period.

These binaries (installable software) and packages are in development.
They may not be fully stable and should be used with caution. We make no claims about them.
Health stats visible at Monitor.