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Journal of Advances in Economics and Finance
JAEF > Volume 5, Number 4, November 2020

Contribution of Agricultural Exports to Economic Growth in Pakistan

Download PDF  (140.2 KB)PP. 45-52,  Pub. Date:November 18, 2020
DOI: DOI: 10.22606/jaef.2020.54001

Author(s)
Zaib-un-nisa
Affiliation(s)
Bahauddin Zakariya University, Multan, Pakistan
Abstract
The main objective of this analysis is to explore and quantify the contribution of agricultural exports to economic growth in Pakistan. We estimated the relationship between gross domestic product (GDP) and agricultural and non-agricultural exports for Pakistan using the Johansen co-integration technique for the period. The results of the study show that agricultural exports have a significant and negative effect on economic growth, while the elasticity of agricultural exports is 0.58. Furthermore, there is a bi-directional causality in agricultural exports and in real GDP. It is suggested to promote non-agricultural exports.
Keywords
Pakistan, agricultural exports, non-agricultural exports, Johansen co-integration, labor force
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