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Production Function, Institutional Credit and Agricultural Development in Pakistan

Author

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  • Habib A. Zuberi

    (Department of Economics, Central Michigan University, USA.)

Abstract

This study, based on the time-series data covering the period from 1956 to 1986, estimates production function in the agricultural sector of Pakistan. The strategy for agricultural development in the country has been based on greater utilization of "high pay-off low-cost technology. The government advanced loans through financial institutions to make it possible for the farmers to acquire this technology. Despite the infusion of seed-fertilizer technology, per acre yield of major crops like wheat, rice, cereal and sugar-cane in Pakistan is lower than in most LDCs in the region. Therefore, it is concluded that the use of present technology has reached a plateau and it is time to look for additional inputs for improvement in productivity.

Suggested Citation

  • Habib A. Zuberi, 1989. "Production Function, Institutional Credit and Agricultural Development in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 28(1), pages 43-56.
  • Handle: RePEc:pid:journl:v:28:y:1989:i:1:p:43-56
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    Cited by:

    1. Khandker, Shahidur R. & Faruqee, Rashid R., 2003. "The impact of farm credit in Pakistan," Agricultural Economics, Blackwell, vol. 28(3), pages 197-213, May.
    2. Sial, Maqbool Hussain & Awan, Masood Sarwar & Waqas, Muhammad, 2011. "Role of Institutional Credit on Agricultural Production: A Time Series Analysis of Pakistan," MPRA Paper 31815, University Library of Munich, Germany.
    3. Sial, Maqbool Hussain & Awan, Masood Sarwar & Waqas, Muhammad, 2011. "Institutional credit and agricultural production nexus," MPRA Paper 30932, University Library of Munich, Germany, revised 2011.
    4. repec:jct:journl:v:5:y:2010:i:1:p:70-76 is not listed on IDEAS
    5. SARKER Sandip & GHOSH Sujan Kumar & PALIT Mollika, 2015. "Role Of Banking-Sector To Inclusive Growth Through Inclusive Finance In Bangladesh," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(2), pages 145-159, August.
    6. Nawaz AHMAD, 2011. "Impact of Institutional Credit on Agricultural Output: A Case Study of Pakistan," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(10(563)), pages 99-120, October.

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