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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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    3. M. M. Fasoranti, 2015. "An Econometric Analysis of the Determinants of Government Health Expenditures in Nigeria," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 4(4), pages 193-206.
    4. Odeyemi Gbenga A., 2015. "Understanding the Dynamics between Income and Health: Evidence Form African’s Richest and Poorest Countries," Journal of Public Policy & Governance, Research Academy of Social Sciences, vol. 2(2), pages 56-67.
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    6. Surbhi Bansal & Pushp Kumar & Shan Mohammad & Nazim Ali & Mohd Arshad Ansari, 2021. "Asymmetric effects of cereal crops on agricultural economic growth: a case study of India," SN Business & Economics, Springer, vol. 1(12), pages 1-19, December.
    7. Shahab E. Saqib & Arifullah Arifullah & Muhammad Yaseen, 2021. "Managing farm-centric risks in agricultural production at the flood-prone locations of Khyber Pakhtunkhwa, Pakistan," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 107(1), pages 853-871, May.
    8. I. Omosebi Ayeomoni & Gbenga F. Olajide & W. H. Agbaje & S. A. Aladejana, 2016. "Analysis of Interest Rate Volatility on the Real Sector in Nigeria: The Case Study of Agricultural Sector," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 5(2), pages 114-128.
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    10. Abrar ul haq, Muhammd, 2015. "Agricultural Export and Economic Growth: A Case Study of Pakistan," MPRA Paper 67249, University Library of Munich, Germany, revised 2015.
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    12. Nayab Khalid & Ayesha Siddiqa & Sheraz Ahmad Ch & Khalid Zaman, 2018. "Impact of Agriculture Sector Development on Economic Growth: Application of Robust Linear Least Squares Regression on Pakistan’s Data Set," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(4), pages 631-641, AUGUST.
    13. Anochie Uzoma C. & Ude Damian Kalu & Opara Godstime I., 2015. "Managing Inflation in Nigeria: Challenges and Prospects," International Journal of Empirical Finance, Research Academy of Social Sciences, vol. 4(6), pages 372-386.
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    Keywords

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    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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