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Role of agriculture in economic growth of Pakistan

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  • Raza, Syed Ali
  • Ali, Yasir
  • Mehboob, Farhan

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.

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File URL: http://mpra.ub.uni-muenchen.de/32273/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 32273.

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Date of creation: Jan 2012
Date of revision: Jan 2012
Handle: RePEc:pra:mprapa:32273

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Keywords: Economic growth; major crops; minor crops; Livestock; forestry; fisheries; Gross Domestic Product (GDP);

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  1. Mundlak, Yair, 2003. "Economic Growth: Lessons From Two Centuries Of American Agriculture," Discussion Papers 14986, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
  2. Dethier, Jean-Jacques & Effenberger, Alexandra, 2011. "Agriculture and development : a brief review of the literature," Policy Research Working Paper Series 5553, The World Bank.
  3. Douglas Gollin & Stephen Parente & Richard Rogerson, 2002. "The Role of Agriculture in Development," American Economic Review, American Economic Association, vol. 92(2), pages 160-164, May.
  4. Houssem Eddine Chebbi, 2010. "Agriculture and economic growth in Tunisia," China Agricultural Economic Review, Emerald Group Publishing, vol. 2(1), pages 63-78, January.
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