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Role of agriculture in economic growth of Pakistan

Author

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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.

Suggested Citation

  • Raza, Syed Ali & Ali, Yasir & Mehboob, Farhan, 2012. "Role of agriculture in economic growth of Pakistan," MPRA Paper 32273, University Library of Munich, Germany, revised Jan 2012.
    • Handle: RePEc:pra:mprapa:32273
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    References listed on IDEAS

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    More about this item

    Keywords

    Economic growth; major crops; minor crops; Livestock; forestry; fisheries; Gross Domestic Product (GDP);
    All these keywords.

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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