Determinants of Agricultural Productivity: Empirical Evidence from Pakistan’s Economy
Journal Title: Global Economics Rview - Year 2016, Vol 1, Issue 0
Abstract
This article examines the determinants of the total productivity of the agriculture sector which enhances the total agricultural productivity in Pakistan and analyzes the relations among variables used for the analysis from 1990 - 2017. The application of the auto regressive distributed lag technique ARDL was used to approximate various determinants. The area under cultivation, fertilizer consumption, agriculture credit, and rainfall show a positive effect on agriculture productivity, whereas agriculture employment and pesticide consumption show a positive but statistically insignificant effect on agricultural productivity in the long run. While in the short-run all determinants have a positive and significant effect on total agriculture productivity convergence towards equilibrium is shown by error correction term is 0.829.
Authors and Affiliations
Mehmood Kakar, Adiqa Kiani, Asia Baig
China, Pakistan Extended Relation: An Overview of CPEC Opportunities, Expectations and Fear of Balochistan
Since the beginning of diplomatic ties in 1951, China-Pakistan has enjoyed long-lasting, stable and friendly relations and considered to be an irreplaceable “all-weather friend” as well. In any hard and troubled time, bo...
Economic Turmoil - Oil Prices and the Middle East Crisis
This study focuses on Economic turmoil due to issues of the Middle East and its relation to oil prices, hence transposing the crisis to other economies of the world. A qualitative and logical resigning technique is used...
Operations Strategy Practices of SMEs
There is a close link between operations strategies and firm performance. Thus, it is paramount to find out what competitive priorities are adhered to by small and medium enterprises when it comes to operational decision...
Climate Change and Food Security in Pakistan: A Time Series Analysis
Climate change has a severe impact on the accessibility of various resources on earth. The present study determines the impact of climate change on food availability for 27 years from 1990-2016. An ARDL model is used in...
Local Market Economics: Brand Analysis in the Market
The purpose of the study was to provide an overview of the present situation of the Colgate toothpaste brand in comparison with other brands on the market such as Forhans, Macleans, and others. The trust for the brand in...