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Socio-Economic Impact Of Cpec On Agricultural Productivity Of Pakistan: A Principal Component Analysis

Author

Listed:
  • Ali, Abid
  • Shang, Jie
  • Saif, Ullah

Abstract

Corridors perform a substantial role to boost up agribusiness comprehensively for developing a linear agglomeration of people and pursuits pre-existing transport structure. This research explored the social and economic impact of China Pakistan Economic Corridor on agriculture productiveness. The analysis has been executed among the distinct districts of agricultural economic zones. The paper signifies accessibility and usage of infrastructure, to analyze nexus. Regardless of available facts & figures, the data restricted the variables that might be deemed the research support of higher investment in infrastructures, energy and dams whilst at the similar time stressing the need to take steps to maximize the utilization of existing resources. Indices for the development of Infrastructure have been designed by applying Principal Component Analysis. Random effects model is implemented to analyze how diverse categories of infrastructure affect agricultural productivity. CPEC projects have potential to cover the current energy crises in Pakistan and open up business horizons for the small scale farmers to raise productivity and exports.

Suggested Citation

  • Ali, Abid & Shang, Jie & Saif, Ullah, 2018. "Socio-Economic Impact Of Cpec On Agricultural Productivity Of Pakistan: A Principal Component Analysis," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 6(3), July.
    • Handle: RePEc:ags:ijfaec:283868
    DOI: 10.22004/ag.econ.283868
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    Cited by:

    1. Ali Sher & Saman Mazhar & Azhar Abbas & Muhammad Amjed Iqbal & Xiangmei Li, 2019. "Linking Entrepreneurial Skills and Opportunity Recognition with Improved Food Distribution in the Context of the CPEC: A Case of Pakistan," Sustainability, MDPI, vol. 11(7), pages 1-22, March.

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