Abstract
This research focused on the agricultural sub-sectors share in
agriculture GDP in Pakistan. The research is based on
secondary data and research has taken 66 years past data from
the economic survey of Pakistan and the period is (1950-
2015). The study is conducted with an Ordinary Least Square
(OLS) on a sample and five variables (major, minor crops,
livestock, fishing, and forestry). Agriculture GDP has been
considered as a dependent variable to identify its relationship
with independent variables (major, minor crops, livestock
fishing and forestry). The outcomes of the research show that
agricultural sub-sectors contribute positively and
significantly in the agriculture GDP. However, forestry subsector had a predictable sign but the share in growth is lower
than subsectors. The results of research recommend that the
Government of Pakistan has to take considerable steps
towards increasing the growth of overall agricultural GDP.
This would include introducing new technology, lessening
the amounts of agri-based goods, and giving interest free
loans to farmers.
Adeel Akhtar, Ahmad Tisman Pasha, Ahmad Waleed. (2017) Analyzing the Performance of Agriculture Sub-Sector in the Growth Rate of Agriculture GDP, Paradigms , Vol 11, Issue 2 .
-
Views
1866 -
Downloads
124