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|Title:||Determinants of agriculture productivity growth in Pakistan||Authors:||Ahmad, K.
Total factor productivity
|Issue Date:||Aug-2012||Citation:||Ahmad, K.,Heng, A.C.T. (2012-08). Determinants of agriculture productivity growth in Pakistan. International Research Journal of Finance and Economics 95 : 163-172. ScholarBank@NUS Repository.||Abstract:||Fast growing agriculture total factor productivity is necessary for ensuring food security. This paper identifies determinants of agriculture productivity growth in Pakistan by employing autoregressive distributed lag model for the period 1965-2009. Fertilizer is the most important determinant with long-run and short-run elasticities of 0.16 and 0.20, respectively. Human capital is the next important determinant with 0.14 and 0.09 long-run and short-run elasticities, respectively. Agriculture credit has relatively lower short-run and long-run elasticities of 0.06 and 0.1 respectively. Area under crops is insignificant in both the short-run and long-run. Speed of adjustment as captured by error correction term is 0.67. © EuroJournals Publishing, Inc. 2012.||Source Title:||International Research Journal of Finance and Economics||URI:||http://scholarbank.nus.edu.sg/handle/10635/124315||ISSN:||14502887|
|Appears in Collections:||Staff Publications|
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