The Role of Public Spending and Credit Disbursement in the Agriculture Sector of Pakistan

Sumbal Javed, Muhammad Tariq and Saima Urooge
Additional contact information
Sumbal Javed: BS Economics,
Muhammad Tariq: Assistant Professor,
Saima Urooge: Assistant Professor,

Global Economics Review, 2017, vol. 2, issue 1, 34-41

Abstract: The current study explores the role of public spending and credit disbursement in the agricultural production of Pakistan during the period 2000 to 2016. In this study, Agriculture Production Growth (APG) is the dependent variable while real GDP, government expenditure, labor force participation and agricultural credit are the independent variables. The stationarity of the data has been investigated through the ADF test. Following this, hypotheses were tested through the ordinary least squares method. In addition, the robustness of the results is ascertained by conducting an LM test and CUSUM stability tests. The findings showed that government expenditure and agriculture credit put expansionary effects on agricultural production in Pakistan. It is suggested that the government should increase expenditures in the agriculture sector for the development of agricultural sector production and economic development of the country.

Keywords: Government Expenditure; Agricultural Production; Ordinary Least Squares; ADF Test (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://gerjournal.com/jadmin/Auther/31rvIolA2LALJouq9hkR/DEJJUfFfn4.pdf (application/pdf)
https://www.gerjournal.com/issue/The-Role-of-Publi ... e-Sector-of-Pakistan (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aaw:journl:v:2:y:2017:i:1:p:34-41

DOI: 10.31703/ger.2017(II-I).04

Access Statistics for this article

More articles in Global Economics Review from Humanity Only
Bibliographic data for series maintained by M Imran Khan ( this e-mail address is bad, please contact ).