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Economic Assessment of Hybrid and Non-Hybrid Maize Crop in Sahiwal Division Under Changing Climate

Author

Listed:
  • Faheem Ur Rasool

    (M.Sc. Hons Agricultural Economics Scholar, Department of Economics and Agricultural Economics, PMAS Arid Agriculture University Rawalpindi, Pakistan)

  • Dr. Muhammad Abdul Rahman

    (Lecturer, Department of Economics and Agricultural Economics, PMAS Arid Agriculture University Rawalpindi, Pakistan)

  • Dr. Nasir Mahmood

    (Lecturer, Department of Economics and Agricultural Economics, PMAS Arid Agriculture University Rawalpindi, Pakistan)

  • Dr. Shahid Mahmood

    (Associate Professor, Department of Environmental Sciences, PMAS Arid Agriculture University Rawalpindi, Pakistan)

  • Dr. Qasim Raza

    (PhD Economics, Department of Economics and Agricultural Economics, PMAS Arid Agriculture University Rawalpindi, Pakistan)

Abstract

It is a fine admissible verity all over the world that the changing climate exerts influence on all the kinds of survivals. As an agricultural based economy Pakistan rely on well-being of agriculture and it makes huge contribution in the gross domestic product (GDP) of Pakistan. Agriculture totally nature based and it is straight exaggerated by the exchange behavior of different climatic variables i.e. humidity rainfall as well as temperature. Minor alter in one of these variables can cause extreme alter in the production of crops and the country’s economy damaged in the result of yield loss. This study will be focused on climate changing impact on hybrid as well as non- hybrid maize crop within Sahiwal division, in the province of Punjab, Pakistan. Sahiwal division is the well-known agricultural production location and on the other side, it is very sensitive to climate change. That is the reason behind the study of the economic assessment of hybrid and non-hybrid maize crop under the climate change in Sahiwal division. With the help of arranged set of questions check the impact of crop production on net farm revenue and Ricardian analysis operated to quantify the supposed impact due to changing climate. After estimating net farm revenue it is a regressed against climate soil and socio-economic variables. Study helps out in assessing the climate changing impact on hybrid as well as non-hybrid maize crop and plus suggesting adoption practices to farmers and thus giving reasonable policy support in the end.

Suggested Citation

  • Faheem Ur Rasool & Dr. Muhammad Abdul Rahman & Dr. Nasir Mahmood & Dr. Shahid Mahmood & Dr. Qasim Raza, 2024. "Economic Assessment of Hybrid and Non-Hybrid Maize Crop in Sahiwal Division Under Changing Climate," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(3), pages 79-83.
    • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:3:p:79-83
    DOI: https://doi.org/10.61506/
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    References listed on IDEAS

    as
    1. Fankhauser, Samuel & S.J. Tol, Richard, 2005. "On climate change and economic growth," Resource and Energy Economics, Elsevier, vol. 27(1), pages 1-17, January.
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    3. Amjad Ali & Marc Audi & Chan Bibi & Yannick Roussel, 2021. "The Impact of Gender Inequality and Environmental Degradation on Human Well-being in the Case of Pakistan: A Time Series Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 11(2), pages 92-99.
    4. Ashiq, Saima & Ali, Amjad & Siddique, Hafiz Muhammad Abubakar & Sumaira, Sumaira, 2023. "Impact of Innovation on CO2 Emissions in South Asian Countries," MPRA Paper 118760, University Library of Munich, Germany.
    5. Jeetendra Prakash Aryal & Tek B. Sapkota & Ritika Khurana & Arun Khatri-Chhetri & Dil Bahadur Rahut & M. L. Jat, 2020. "Climate change and agriculture in South Asia: adaptation options in smallholder production systems," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(6), pages 5045-5075, August.
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