scholarly journals Impact of Technological Change on Growth and Agricultural Sector in Gujarat State of India: A Time-Series Data Study

2021 ◽  
Vol 9 (3) ◽  
pp. 144-160
Author(s):  
Shah Nawaz Ashraf ◽  
Ajay K Singh
Keyword(s):  
Growth Rate ◽  
Technological Change ◽  
Time Trend ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Series Data ◽  
Gujarat State ◽  
Use Of Technology ◽  
Food Grain ◽  
The Impact

This study assessed the growth rate of commercial and food-grain crops due to technological change in Gujarat. Growth rate model was employed to examine the growth rate of area sown, production and yield of crops. Subsequently, impact of technological change, and other inputs on yield of individual crop was estimated using a Cobb-Douglas production function model. Time trend factor was used as a proxy variable to capture the impact of technological change, and other inputs (i.e., area sown, irrigated area, application of fertilizer, agricultural labors, rural literate population and annual actual rainfall) on yield of crops. Growth rate of cropped area, production and yield of cotton, sugarcane, castor, potato, rice, arhar, maize, gram and wheat crops were seemed positive in Gujarat. Yield of cotton, sugarcane, castor, rice, arhar, maize, bajra, gram, wheat, jowar ragi, potato, groundnut, sesamum, rapeseed&mustard and soyabeans crops was positively associated with time trend factors. Furthermore, the regression coefficient of time trend factor with yield of cotton, tobacco, potato, groundnut, sesamum, rapeseed & mustard, rice, arhar, maize, bajra, gram, wheat, jowar and ragi was reported positive and statistically significant. Hence, the estimates shows that yield of aforesaid crops were improved due to application of technological change in agricultural sector in Gujarat. Several practical policy suggestions are given to increase the use of technology in agricultural sector to improve the growth of major food-grain and commercial crops.

A Macroeconomic Analysis of Agricultural Sector in Nigeria

2019 ◽  
Vol 5 (1) ◽  
pp. 18-25
Author(s):  
Isah Funtua Abubakar ◽  
Umar Bambale Ibrahim
Keyword(s):  
Value Chain ◽  
Crop Production ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Tourism Industry ◽  
Series Data ◽  
Size Analysis ◽  
The Real ◽  
Real Gdp ◽  
The Impact

This paper attempts to study the Nigerian agriculture industry as a panacea to growth as well as an anchor to the diversification agenda of the present government. To do this, the time series data of the four agriculture subsectors of crop production, livestock, forestry and fishery were analysed as stimulus to the Real GDP from 1981-2016 in order to explicate the individual contributions of the subsectors to the RGDP in order to guide the policy thrust on diversification. Using the Johansen approach to cointegration, all the variables were found to be cointegrated. With the exception of the forestry subsector, all the three subsectors were seen to have impacted on the real GDP at varying degrees during the time under review. The crop production subsector has the highest impact, however, taking size-by-size analysis, the livestock subsector could be of much importance due to its ability to retain its value chain and high investment returns particularly in poultry. Therefore, it is recommended that, the government should intensify efforts to retain the value chain in the crop production subsector, in order to harness its potentials optimally through the encouragement of the establishment of agriculture cottage industries. Secondly, the livestock subsector is found to be the most rapidly growing and commercialized subsector. Therefore, it should be the prime subsector to hinge the diversification agenda naturally. Lastly, the tourism industry which is a source through which the impact of the subsector is channeled to the GDP should be developed, in order to improve the impact of such channel to GDP with the sole objective to resuscitate the forestry subsector.

Impact of Health and Agriculture Financing on Economic Growth in Nigeria

2021 ◽  
Vol 7 (18) ◽  
pp. 37-58
Author(s):  
Rasaki Olufemi KAREEM ◽  
◽  
Olawale LATEEF ◽  
Muideen Adejare ISIAKA ◽  
Kamilu RAHEEM ◽  
...  
Keyword(s):  
Economic Growth ◽  
Federal Government ◽  
Causal Relationship ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Health Sector ◽  
Series Data ◽  
The Impact

The study focused on the impact of health and agriculture financing on economic growth in Nigeria from 1981 to 2019. The study utilized the time series data which was extracted from Central Bank of Nigeria annual statistical bulletin. Unit Root test was performed with the use of Augmented Dickey-Fuller test in order to ascertain the stationarity of all the variables and they were all found to be stationary at order 1 in the two specified models (composite and disaggregated). Error Correction Model (ECM) was used to analyze the data in order to determine the speed of adjustment from the short run to the long run equilibrium state. Casualty test was used to confirm causal relationship among the variables of interests. The study revealed that Federal Government expenditure in Health sector has a significant effect on economic growth in Nigeria. Federal Government expenditure in Agricultural sector equally had a positive effect on economic growth but surprisingly not significant. Considering the disaggregated form, Federal Government capital expenditure in both Health and Agricultural sectors have positive and statistically significant effect on economic growth while Federal Government recurrent expenditure on health has a positive and statistically insignificant effect in economic. It was also revealed that there is causal relationship among the variables. Based on the findings, the study concluded that Federal Government Expenditure in Health Sectors and Agriculture Sectors have effect on economic growth in Nigeria.

A Study on the performance of Agricultural Sector in India

2017 ◽  
Vol 51 (03) ◽  
Author(s):  
Laishram Priscilla ◽  
Arsha Balakrishnan ◽  
Lalrinsangpuii Lalrinsangpuii ◽  
A. K. Chauhan
Keyword(s):  
Growth Rate ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Decomposition Analysis ◽  
Series Data ◽  
Meat Production ◽  
Area Effect ◽  
Agriculture Sector ◽  
Per Capita ◽  
Vegetables And Fruits

<span>The time series data at all India level on area, production and productivity of foodgrains, production and per capita availability of milk and eggs and production of meat were compiled and a decade wise analysis of growth rate, instability index and decomposition analysis was done to study the performance of agriculture sector. During the overall period, the area under food grains showed negative growth whereas production and productivity growth was positive. For milk and egg, both production and per capita availability showed positive growth. Meat production showed a positively significant growth rate. Growth rate in area, production and productivity of both vegetables and fruits was positive. In general, for foodgrains, the yield effect was higher than the area effect which could be attributed to increased use of high yielding varieties. For vegetables and fruits, the contribution of area effect was more than that of yield and the interaction effect suggesting that measures should be taken to improve their productivity. </span>

Impact of Fiscal Policy on Agricultural Output in Nigeria

2019 ◽  
Vol 9 (7) ◽  
pp. 1428 ◽  
Author(s):  
Adedoyin Isola LAWAL ◽  
Ernest Onyebuchi FIDELIS ◽  
Abiola Ayoopo BABAJIDE ◽  
Barnabas O. OBASAJU ◽  
Oluwatoyese OYETADE ◽  
...  
Keyword(s):  
Fiscal Policy ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Negative Impact ◽  
Capital Expenditure ◽  
Research Work ◽  
Estimation Method ◽  
Series Data ◽  
Agricultural Output ◽  
The Impact

This study examines the impact of fiscal policy on agricultural output in Nigeria using the most recent official data. The metrics for fiscal policy is government capital expenditure and custom duties on fertilizer. The study used annual time series data obtained from CBN annual statistical bulletin, NCS, and FIRS which was found to be stationary at the order of I(1) and I(0). The order of unit root test led to the use of ARDL estimation method employed in the empirical analysis of this research work. The study found evidence of both short and long run relationship between the variables (VAO, GEX, IDMF, and ACGSF) using both Johansen co-integration and ARDL Bounds test. Although government expenditure (GEX) to agricultural sector was found to be statistically insignificant which recommend that government should increase agriculture capital expenditure to ensure that its contribution is significant. Consequently, custom duties on fertilizer (IDMF) was found to be negatively signed and significant indicating a negative impact on agricultural output. This demands that the policy makers should be prudent in the use of fiscal policy instrument in achieving its desired objective.

THE INDONESIAN AGRICULTURAL PERFORMANCES UNDER CHINA-ASEAN FREE TRADE AREA: GO UP OR GO DOWN? Case of Agriculture Raw Material and Food Product

2017 ◽  
Vol 1 (1) ◽  
Author(s):  
Nasrudin Nasrudin ◽  
Budiyanto Budiyanto
Keyword(s):  
Free Trade ◽  
Economic Integration ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Positive Impact ◽  
Raw Materials ◽  
Food Product ◽  
Raw Material ◽  
Series Data ◽  
The Impact

As an agricultural country, the Indonesian agricultural sector should obtain a positive impact of the regional economic integration. Since in 2004 by the Early Harvest Program (EHP) of China-ASEAN Free Trade Agreement (CAFTA), most agricultural commodities have lowered tariff, indeed some have been zero percent.Unfortunately, the performance of the agricultural sector has not shown tangible improvement. Then beforethe rates was released for all commodities, should be evaluated and re-defined policies that should be taken. This paper purposesto examine the impact of the implementation of CAFTA on the Indonesian agricultural performances. The objectives will be achieved by compare the performance preand post-CAFTA; predict the performance if CAFTA is fully implemented, by performing simulations and econometric models. By using time series data 1990-2011, agriculture can be divided into two categories; agricultural raw materials and food products. The estimation result of econometric modeling by simultaneous equations, the Indonesian agricultural sector performance after CAFTA is not better than before implementation. Predicted will decrease when the entire rates later free. Keywords: agriculture raw material; foods product; agriculture performance; economic integration

scholarly journals Impact of Government Expenditure on Agricultural Value Chain in Nigeria

2020 ◽  
pp. 192-204
Author(s):  
Eneji Mathias Agri ◽  
Agri Angela Iyaji ◽  
Felix Nanwul Diyemang ◽  
Offorma Jecinta Chioma
Keyword(s):  
Value Chain ◽  
Positive Relationship ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Government Expenditure ◽  
Percent Level ◽  
Ordinary Least Squares ◽  
Series Data ◽  
Huge Impact ◽  
The Impact

This research examined the impact of government expenditure on agricultural value chain in Nigeria. It uses annual time series data for the period 1998-2018. Statistical Techniques, survey, simple percentages and the Ordinary Least Squares (OLS) methods were adopted. The OLS result using Multiple Regression analysis revealed an insignificant positive relationship between government expenditure and Agricultural value chain, proxy by Aggregate importation of rice (AMR). Imports had a negative sign; it is a leakage on the economy. It however, showed that agricultural gross domestic product (ADP) has a positive relationship with government expenditure, at 5 percent level. The pair-wise Granger causality tests showed that government expenditure on agriculture (GEA) granger causes aggregate importation of rice (AMR), this was indicated by their respective F-statistics and probability values which stood at 0.39420(0.6815).. In conclusion, government expenditure, with supportive policies, would have huge impact on agricultural value chain in Nigeria. The agricultural sector is the engine of economic recovery, growth and development, therefore an improvement in government spending to the sector is recommended. This study contributes to the downstream linkages in the agricultural sector.

scholarly journals A temporal analysis of growth in fertilizer consumption vis-à-vis food grain production in Rajathan

2019 ◽  
Vol 6 (49) ◽  
Author(s):  
Deepali Bhushan ◽  
G. L. Meena
Keyword(s):  
Growth Rate ◽  
Time Series Data ◽  
Green Revolution ◽  
Temporal Analysis ◽  
Series Data ◽  
Total Consumption ◽  
Food Grains ◽  
Reform Period ◽  
Increasing Trend ◽  
Food Grain

The present investigation pertaining to growth of fertilizer consumption and food grains production in Rajasthan was conducted during 2017-18. This study was based on time series data, which was collected from 1967-68 to 2014-15. The results of the present investigation revealed an increasing trend in fertilizer consumption and food grains production from 1967-68 to 2014-15 in Rajasthan. Total fertilizer consumption in Rajasthan significantly increased at the rate of 13.82 per cent per annum during the post-green revolution phase-I. The consumption of N significantly grew by 14.26 per cent per annum, that of P and K increased by 12.24 per cent and 12.71 per cent, respectively. Food grains production also increased by 2.41 per cent per annum. In the post-green revolution phase-II, growth rate of total fertilizer consumption increased at the rate of 9.96 per cent, N significantly grew by 7.88 per cent, P increased by 17.09 per cent; whereas, K decreased by 0.94 per cent per annum. However, food grains production was increased by 1.57 per cent per annum.The analysis of post reform period pointed out that the total consumption of composite fertilizers, N, P and K significantly increased at the rate of 4.49 per cent, 4.32 per cent, 4.79 per cent and 7.21 per cent, respectively. Food grains production also registered significant growth rate of 3.71 per cent per annum. In entire period of study (1967-68 to 2014-15), total consumption of fertilizers had increased at the rate of 8.35 per cent per annum. While the consumption of N grew by 8.08 per cent per annum, that of P and K increased by 9.60 per cent and 4.95 per cent, respectively. Food grains production was increased by 2.78 per cent per annum.

scholarly journals Understanding Agricultural Productivity Growth in Sub-Saharan Africa: An Analysis of the Nigerian Economy

2020 ◽  
pp. 147-158
Author(s):  
Miftahu Idris
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Labour Force ◽  
Agricultural Productivity ◽  
Sustainable Growth ◽  
Sub Saharan Africa ◽  
Series Data ◽  
Agricultural Export ◽  
The Impact

In recent times, agricultural sector has returned to the forefront of development issues in Nigeria given its contribution to employment creation, sustainable food supply and provision of raw materials to other sectors of the economy. In lieu of that, this study examines the impact of agriculture on the economic growth in Nigeria using annual time series data covering the sample period of 1981 to 2018. To analyse the data collected, Autoregression Distributed Lag (ARDL) model through the bounds testing framework is employed to measure the presence of cointegrating relations between real GDP, agricultural productivity, labour force, and agricultural export. Results show the presence of both short-run and long-run relationship among the variables, and that agriculture has a positive and significant impact on economic growth in Nigeria. These findings inform the Nigerian government on the need to expedite labour force (human capital) and agricultural export (non-oil) development with the view to achieving sustainable growth and development. In addition, developing skills and competencies of labour force through capacity building in the agricultural sector will encourage research and development thereby increase the export size, hence essential for long-term growth.

scholarly journals Impact of Public & Foreign Direct Investment on the Economy of Bangladesh

2021 ◽  
pp. 227-246
Author(s):  
Md Kamrul Islam ◽  
Sabid Khan ◽  
Zareen Haider
Keyword(s):  
Growth Rate ◽  
Time Series Data ◽  
Public Investment ◽  
Negative Relationship ◽  
Series Data ◽  
Fdi Inflows ◽  
Fixed Capital Formation ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

This paper is to investigate the impact of public investment and FDI on GDP growth of Bangladesh. The Gross Fixed Capital Formation represents public investment of our country and we have taken FDI (inflows) as the variable while the GDP is the dependent variable. The time series data has been included here, which will be kept stationary, followed by a regression. As public investment and FDI are the independent variables, it is expected that they both have a positive relation with the dependent variable. Although, FDI may have a negative relationship to the growth. The relationship of FDI with growth rate can be used to show whether a country is in scarce of capital or not. The objective is to identify the relationship of public investment and FDI to the growth and to what extent these investments have an impact on the growth rate. By showing the estimated relationship of FDI to the GDP or growth, we are going to know whether our country is capital abundant or labor abundant.

scholarly journals ECONOMIC GROWTH AND EMPLOYMENT IN AGRICULTURAL SECTOR ON POVERTY IN ACEH PROVINCE

TRIKONOMIKA ◽  
2019 ◽  
Vol 18 (1) ◽  
pp. 1
Author(s):  
Reovasimulo Anakusara ◽  
Abd Jamal ◽  
Chenny Seftarita ◽  
Indra Maipita
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Negative Impact ◽  
Value Added ◽  
Poverty Rate ◽  
Series Data ◽  
Aceh Province ◽  
The Government ◽  
The Impact

This empirical study aims to analyze the impact of economic growth and employment in the agricultural sector on poverty in Aceh Province. The study is conducted on annual time series data for the period of 1995-2017 while to explain the research objectives used Autoregressive Distributed Lag (ARDL) model and Granger Causality. The results found, in the short term, only employment in the agricultural sector has a significant effect on poverty. Meanwhile, in the long term, economic growth has a profound and negative impact on poverty. On the contrary, the absorption of labor in the agricultural sector tends to increase poverty. In addition, the results obtained that economic growth has a unidirectional relationship with employment in the agricultural sector. It was, therefore, suggested that the government should prioritize economic development in regions that have relatively high poverty rate and build an agro-industry in Aceh to increase agricultural value added and also absorb more labor so it can enable to reduce the poverty rate.

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