Abstract
This research investigates the impact of financial development
(F.D.), environmental degradation, and human capital on
agricultural productivity in the presence of economic growth,
technology, and consumer price index. The data from 1975 to
2017is used for the case of Pakistan, and Autoregressive
Distributive Lag (ARDL) bounding technique and Johansen co
integration approaches are employed to check long-run co
integration among study variables. Similarly, with the ARDL
model, the short-run and long-run dynamics are examined.
The results of ARDL confirmed the long-run co-integrating
relationships. Further, to investigate causality between study
variables, the Granger Causality test is used. The results reveal
bidirectional causality relationship between environmental
degradation-agricultural productivity, financial development,
agricultural productivity, and between human capital and
agricultural productivity. The study suggests important policy
implications to policymakers and research directions for future
researchers.
Ijaz Hussain Shah, Dr. Wasim ul Rehman, Dr. Salman Masood Sheikh. (2020) Impact of Environmental Degradation, Financial Development and Human Capital on Agricultural Productivity: Insights From Pakistan, Pakistan Social Sciences Review, Volume 4, Issue 1.
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