Land Utilization, Development Expenditure, Agricultural Productivity and Economic Growth: Evidence from Pakistan

The main purpose of this study was investigates and explores the association between land utilization, development expenditure, agricultural production and economic growth in Pakistan based on the time series data over the year of 1983 to 2014. Data were analyzed applying the Phillips-Perron (P-P) unit root test, and results were interpreted implying the cointegration test. OLS was adopted to assess the effect of land utilization, development expenditure and agricultural productivity on economic growth of Pakistan. The estimated results of cointegration test show that there presence a long-run association among development expenditure for agricultural sector, land utilization, agricultural productivity and economic growth in Pakistan. The results of OLS regression analysis show that development expenditure and agricultural productivity have a significant impact on economic growth of Pakistan while land utilization (total land used for crops) has a positive relation with economic growth but found statistically insignificant. This study suggested that the government should increase expenditure development for growth and development of agricultural sector that will enhance the economic growth of Pakistan

Research on Factors Influencing the Grain Production in Pakistan: An ARDL Approach

Ensuring food security is an important for economic development and social stability. Pakistan’s economy is primarily dominated by agriculture sector. This paper employed the ARDL approach to cointegration in order to investigate the short and long-run determinants of grain crops productivity in Pakistan over the period 1978 to 2016. The results of ARDL bound test showed that the value of computed F-statistic exceeded the upper bound value, which means the equations were statistically significant at 5%. Further, empirical results of long-run and short-run revealed that area under grain crops, improved seed, fertilizer, and availability of water have a positive and significant effect on grain crops production in Pakistan. The estimated equation remains stable over the period of 1978 to 2016 as shown by stability tests. Currently, in Pakistan, small-scale farmers are unable to purchase farm machineries such as a tractor, tube -well and other inputs due to high prices. Therefore our study recommended that government should give subsidy to farmers on main agricultural inputs for improvement of grain crops production

Research on Factors Influencing the Grain Production in Pakistan: An ARDL Approach

Ensuring food security is an important for economic development and social stability. Pakistan’s economy is primarily dominated by agriculture sector. This paper employed the ARDL approach to cointegration in order to investigate the short and long-run determinants of grain crops productivity in Pakistan over the period 1978 to 2016. The results of ARDL bound test showed that the value of computed F-statistic exceeded the upper bound value, which means the equations were statistically significant at 5%. Further, empirical results of long-run and short-run revealed that area under grain crops, improved seed, fertilizer, and availability of water have a positive and significant effect on grain crops production in Pakistan. The estimated equation remains stable over the period of 1978 to 2016 as shown by stability tests. Currently, in Pakistan, small-scale farmers are unable to purchase farm machineries such as a tractor, tube -well and other inputs due to high prices. Therefore our study recommended that government should give subsidy to farmers on main agricultural inputs for improvement of grain crops production