Role of agriculture in economic growth of Pakistan

Syed Raza, Yasir Ali and Farhan Mehboob

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Economic growth; major crops; minor crops; Livestock; forestry; fisheries; Gross Domestic Product (GDP) (search for similar items in EconPapers)
JEL-codes: O13 O47 Q1 (search for similar items in EconPapers)
Date: 2012-01, Revised 2012-01
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (18)

Published in International Research Journal of Finance and Economics 83 (2012): pp. 180-186

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