Agricultural Growth in the Context of Economic Growth

1980 ◽  
pp. 258-283
Author(s):  
Yair Mundlak
Author(s):  
Mohammad Reza Eslami ◽  
Ali Akbar Baghestany

Background: One of the most fundamental objectives of the macroeconomic policies is to realize the relationship between economic growth and inflation. According to some monetary policy advisors, inflation reflects erosion in consumer’s purchasing power. Inflation as an important economic variable, affect the economic growth and its impact on economic growth has been proposed in various theories. Agriculture plays an important role in providing the food security in Iran. Methods: A Bivariate GARCH model was employed to investigate the relationship between inflation uncertainty and agricultural growth. Results: The Augmented Dickey Fuller and Phillips Perron tests indicated all variables were stationary. Estimated models were utilized to generate the conditional variances of inflation and agriculture growth as proxies of inflation and growth variability. During the entire period 1990-2012, Bivariate Granger Causality test indicated that inflation uncertainty was the cause of growth in agriculture. This finding was in line with the hypothesis presented by (Logue and Sweeney, 1981). Conclusion: Due to the causality relation of inflation uncertainty and growth in agriculture, macro policy decision-makers are recommended to consider the price policies for improving agricultural production.


1997 ◽  
Vol 22 (2) ◽  
pp. 23-28
Author(s):  
Bhupat M Desai

According to the author, though the budget has some positive initiatives for agriculture, they are unlikely to pull the sector out of its poor growth in postreform period. Moreover, the budget shows that the government expenditure for agriculture leaves much to be desired. Therefore, the author suggests that the budget could have had better inter-sectoral perspective for generation and allocation of resources to employment-led economic growth and alleviation of absolute poverty with which agricultural growth is complementary.


Author(s):  
Mr. Sudhir Kolhe

India is a developing nation in sectors such as Agriculture, Transportation, Education, and Infrastructure. Agriculture is the one of high GDP contributor in Indian economy. In last few decades by green revolution agriculture sector is developed, but it still has lot of bearing in agricultural growth. The aim of research is to identify various problem in agriculture field in study area Kolhewadi, Tal- Sangamner, Maharashtra. And by studying various factors to prepare proposal for economic growth of kolhewadi through agriculture development.


2014 ◽  
Vol 1 (1) ◽  
Author(s):  
Manoj K. Pandey

While overall economic growth in India has seen an accelerating pace in recent times, a slow agricultural growth has been recorded. Based on household level data from India Human Development Survey 2005 (IHDS), this paper provides systematic evidence on the demand for Kisan (Farmer) Credit Card Scheme (KCCS)-a scheme launched by government of India in 1998-99 to facilitate agricultural credit to farmers. Further, the paper attempts to examine the targeting accuracy of the scheme and model participation of rural households in KCCS. Based on our analysis, the paper recommends that better household targeting and implementation of land reform policies, investment in advocacy campaigns, periodic information drives, improvement in rural infrastructure and better monitoring are some of the major policy imperatives.


2020 ◽  
Vol 6 (1) ◽  
pp. 53-58
Author(s):  
Prima Jiwa Osly ◽  
Fulki Araswati ◽  
Rhonny Einsten Ririhena ◽  
Ardini Putri

Economic growth is an indicator of a process of economic development conducted both at the national and regional level. to increase economic growth that implemented through the effectiveness and efficiency of economic development, implementation of economic development needs to directed to the sectors that can give large multiplier effect on different sectors and the economy. Indonesia's economic development is closely related to agricultural development since Indonesia itself is an agrarian country that has most of its people as farmers. This research aims to find potential in the province of West Papua with selections of excellent commodities suitable to be developed and analyze sub-sector agriculture to the district economy Manokwari period 2013-2017 contributes. The method of analysis used is "Location Quotient" and Shift Share Analysis technique. The results showed that most of Manokwari district in West Papua Province has a base sector that is agriculture sector, services sector and building sector.


2021 ◽  
Author(s):  
Surbhi Bansal ◽  
Pushp Kumar ◽  
Shan Mohammad ◽  
Nazim Ali ◽  
Mohd Arshad Ansari

Abstract The study explores the asymmetric effects of cereals crops, namely wheat, rice, and maize production on agricultural economic growth in India during 1960–2019. The asymmetric ARDL method is used in this study to analyze the asymmetric relationship between the independent and dependent variables. The findings reveal a link between cereal crop growth and agricultural economic growth. The NARDL findings indicate that positive maize and rice shocks have a considerable short- and long-term influence on agricultural economic growth. In contrast, the positive shock of wheat production is not significant. While the negative shocks of maize, rice and wheat production significantly impact agricultural economic growth. In a nutshell, the study reveals that agriculture growth has an asymmetric relationship with maize, wheat and rice production. The study's findings imply that policymakers should develop long- and short-term plans to boost agricultural growth and productivity in order to help farmers.


2020 ◽  
pp. 194-218
Author(s):  
Graham Harrison

This chapter reviews the transformation successes in Taiwan and Israel. It starts Taiwan’s account with the colonization by Japan and the investments in industry. It then emphasizes the insecurities generated by occupation by the exiled Chinese government. This was intensified by a very rivalrous geopolitical regionalism. Taiwan’s sovereignty was doubtful and under threat. The chapter looks at the considerable efforts to promote agricultural development and then industrialization. Industrialization was motivated by a need to ensure legitimacy and security for a quasi-sovereign state. In relation to Israel, the chapter starts in the Mandate period and shows how Israel’s statehood was based on occupation, economic growth, and nationalism. It highlights the severe existential threat to the country and the response of the government to promote agricultural growth and industrialization. It shows how Israel faced repeated severe crises and that the government eventually found a way through these crises through capitalist transformation.


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