Abstract
The agriculture sector is considered the mainstay of our economy since it provides food and employment to our
population, and raw materials for the industrial sector but the recent growth performance of this sector is not
encouraging. This study estimates the effects of trade openness, financial development, and institutional quality on
the growth of the agriculture sector of Pakistan using a time series data over the period of 1984-2015. The most
recently developed combined cointegration technique by Bayer and Hanck (2013) has been used to check the
cointegration among the variables. The empirical results of this study show that financial development and quality of
institutions positively contribute to the growth of the agricultural sector, whereas the impact of trade openness is
negative. The study suggests that to enhance the growth of the agriculture sector, policymakers should frame the
economic policies aiming at improving the quality of institutions, and encouraging financial development in this
sector.
Dr. Abdul Farooq, Kamran Hamid, Aribah Aslam, Ghulam Shabbir. (2019) Triangular Nexus between Institutional Quality, Trade Liberalization, and Agricultural Growth in Pakistan, Paradigms , Vol 13, Issue 2.
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