Role of agriculture in economic growth of Pakistan

Raza, Syed Ali and Ali, Yasir and Mehboob, Farhan (2012): Role of agriculture in economic growth of Pakistan. Published in: International Research Journal of Finance and Economics No. 83 (January 2012): pp. 180-186.

Abstract

This research based on the role of agriculture in the economic growth of Pakistan. Secondary data has been collected from the year 1980-2010 from the government authentic websites. For this purpose simple regression applied to identify the significance relationship of agricultural sub-sectors with GDP. Results suggested that there is the significance role of agriculture sub-sectors towards the economic growth only forestry showed insignificant relationship with GDP. Another objective is based on to know the contribution of each sub-sector over the aggregate agriculture amount. Result suggest that crops and livestock’s total contribute 91% combined in the aggregate agriculture sector that represent significance contribution for the performance regarding in this sector while fisheries and forestry have minimal contribution because of many reasons, major reasons involved low investment intensity in this sector, insufficient facilities, untrained and unskillful labor force engaged with it.

• Item Type: MPRA Paper
• Language: English
• Keywords: Economic growth, major crops, minor crops, Livestock, forestry, fisheries, Gross Domestic Product (GDP)
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products

References

[1] Arif, A. (2009). Sector Report on Agriculture Pakistan. Uk trade and Investment.

[2] Chebbi,E.H. (2010). Agriculture and economic growth in Tunisia: (Vol. 2 no. 1), pp-63-78. Emerald Group Publishing Limited.

[3] Chand, R., & Kumar, P. (2004). Determinants of Capital Formation and Agriculture Growth: Some New Explorations (Vol. 39). Economic and Political Weekly.

[4] Chang, T. Y. (2011). The influence of agricultural policies on agriculture structure adjustment in Taiwan (Vol. 3 No. 1). Tokyo: Emerald Group Publishing Limited.

[5] Dethier, J. J., & Effenberger, A. (2011). Agriculture and Development (A brief review of the literature). Research Support Unit.

[6] Gollin, D., Parente, S., & Rogerson, R. (2002). The Role of Agriculture in Development (Vols. 92, No. 2). American Economic Association.

[7] Gylfason, T. (July 2000). Resources, Agriculture, and Economic Growth in Economies in Transition (vol. 313). munich: cesifo working paper series.

[8] JosII, ,. P. (2004). Agriculture Diversification in South Asia Patterns, Determinants and Policy Implications (Vols. 39, No. 24). Economic and Political Weekly.

[9] Johnston, B. F., & Mellor, J. W. (1961). The Role of Agriculture In Economic Development (Vols. 51 ,No 4). American Economic Association.

[10] Kurosaki, T. (1999). Agriculture in India and Pakistan, 1900-95 Productivity and Crop Mix (Vols. 34, No. 52). Economic and Political Weekly.

[11] Lwoga, E. T., Stilwell, C., & Ngulube, P. (2011). Access and use of agricultural information and knowledge in Tanzania. Emerald Group Publishing Limited.

[12] Mundlak, Y. (2005). Economic growth: Lesson from two Centries of American Agriculture (Vol. 43. No 4). American Economic Association.

[13] North, D. C. (1959). Agriculture in regional Economic growth (Vol. 41). Oxford journals.Oxford University press.

[14] Ohkawa, K., & Rosovsky, H. (1960). The Role of Agriculture in Modern Japanese Economic Development (vols. 9, no. 1). The University of Chicago Press.

[15] Zaidi, S. A. (1995). Issues in Paksitan's Economy. Karachi, Sindh, Pakistan: Naz Pblicators.

[16] Book of Agricultural Economics (pg # 17 & 23 ) by Mrs. Farzana Bukhari (M.A. Economics)

[17] Economy Of Pakistan (Book :Pg # 60 & 63) by Professor Dr. Khawaja Amjad Saeed