scholarly journals Sectoral Volatility, Development, and Governance: A Case Study of Pakistan

2006 ◽  
Vol 45 (4II) ◽  
pp. 797-817
Author(s):  
Toseef Azid ◽  
Naeem Khaliq ◽  
Muhammad Jamil
Keyword(s):  
Growth Rate ◽  
Structural Change ◽  
Service Sector ◽  
Structural Changes ◽  
Agricultural Sector ◽  
Green Revolution ◽  
Rate Of Growth ◽  
Agriculture Industry ◽  
The Future

Development of overall economy of any country largely depends upon the characteristics of different prominent sectors such as agriculture, industry, services, etc. Sharp structural change in prominent sectors are experienced by the Pakistan’s economy during the last four decades, in which industrial and service sector have exhibited an extra ordinary rate of growth, while the agricultural sector did not shown that rate of growth which was experienced during the time of green revolution. Due to these structural changes in the prominent sectors volatility of growth rate has been experienced by the economy. To the extent that most of the recent volatility in growth rate of GDP can be attributed to the increasing share of the some volatility of the some prominent sectors, the analysis of their volatility can be useful in providing some enlightenment on the factors behind this phenomenon and its implications for the formulation of the policy in the future.

The Future of the Nigerian Agricultural Industries: A Case Study of Oil Palm Production in Edo State

2013 ◽  
Vol 824 ◽  
pp. 561-567 ◽  
Author(s):  
U.J. Udosen ◽  
A.P. Ugboya
Keyword(s):  
Growth Rate ◽  
Oil Palm ◽  
Frequency Distributions ◽  
Factors Influencing ◽  
The Future ◽  
Edo State ◽  
Agricultural Industries ◽  
Fresh Fruit Bunches ◽  
Planting Materials

This study analyzes oil palm production from 2001 - 2008 in Edo State, with a view of establishing the future of Nigerian Agricultural oil palm industries. The specific objectives were to identify and quantify the factors influencing the production of oil palm, reveal the constraints to the production of oil palm; analyze the viability of oil palm production as an investment and predict the future of oil palm enterprise in Edo State. Three Local Government Areas of high oil palm concentration in Edo State were covered. Ninety selected oil palm producers from nine villages in the study area were selected. Frequency distributions and multiple regression analysis were used to analyze the results. The results showed that for the period under review (2001 - 2008) on a per hectare basis, seedlings cost, and labour cost were significant inputs, positively influencing the production of oil palm in the Edo State. A growth rate of 6.2% and 23.5% were projected for oil palm with reference to palm oil and fresh fruit bunches (FFB), respectively, up to the year 2020, an indication that oil palm production in the State is viable and the future is bright. The study revealed that inadequate storage facilities, poor planting materials and lack of government assistance, among others, are major bottlenecks in oil palm production in Edo State. However, since oil palm production in Edo State is viable, it is an indication that the future of Nigerian Agricultural Industries is bright.

scholarly journals Sectoral Analysis of Employment Intensity of Growth in Nigeria

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Rasaki Dauda ◽  
Omowumi Ajeigbe
Keyword(s):  
Service Sector ◽  
Agricultural Sector ◽  
Raw Materials ◽  
Development Indicators ◽  
Sectoral Analysis ◽  
Industrial Sectors ◽  
Agriculture Industry ◽  
Service Sectors ◽  
Employment Generation ◽  
World Development

This study assessed employment intensity of growth (EIG) in the agriculture, industry and service sectors in Nigeria from 1991 to 2019 within the context of Okun’s theory/law. Data from the 2020 World Development Indicators were employed for analysis, using elasticity procedure after decomposing the scope into different periods and regimes. The findings showed negative EIG in the agriculture and industrial sectors while the service sector returned positive EIG. Therefore, government should invest significantly in the service sector while the agricultural sector should be mechanized to boost output and supply of raw materials to industries to enhance employment generation.

scholarly journals STRUCTURAL CHANGES OF FARMER’S FARMS: CASE STUDY OF LITHUANIA

2018 ◽  
Author(s):  
Jurgita ZALECKIENĖ
Keyword(s):  
Rural Areas ◽  
Agricultural Production ◽  
Agricultural Development ◽  
Structural Changes ◽  
Agricultural Sector ◽  
Statistical Data ◽  
Family Farm ◽  
The Eu ◽  
Significant Factors

Due to historical circumstances, the development of Lithuanian commercial farmer’s farms is slow; however, farmer’s farms are very important to the vitality of rural areas while developing agricultural commodities and goods. The purpose of this article – to analyze the structural changes in farmer’s farms and present the directions of future development. Structural changes in Lithuanian farmer’s farms during the 2005 – 2015 timeframe were analyzed while looking at the diagnostic indicators, which are the following: the number of farmer’s farms, the structure of farmer’s farms according to their size, the activity units of farmer’s farms, age of farmers, farmer’s farms sources of income. In order to study the statistical data, methods of systemization, logical analysis and generalization were applied. The analysis of the statistical data suggests that the following structural changes are taking place in Lithuanian farmer’s farms: the number of registered farmer’s farms increases and the farmers’ are getting younger. One of the most significant factors causing the structural changes in holdings – the EU financial support for the agricultural development and the changing customer demands. More and more often rural areas perform residential function and new living areas are developed. There is a predominance of the small farms (up to 10 hectares). This is mainly a result of the reform in agricultural sector at the end of 20th century. Many small agricultural holdings were established due to this reform. However, significant changes occur while choosing and/or combining the activity units of the farm: the number of farms specializing in crops increases, the number of the holdings focusing on livestock and combined farming (crops and livestock) is declining; also, farmer’s farms with diversified income or the activity units grow in number. Limited opportunities to intensify agricultural production in small farmer’s farms caused the fact that activities or income were diversified. The model of family farm remains; however, the relation between activity and the usage of family’s labour in farm activity changes.

A new route to the rapid growth of the service sector: rise of the standard of living

2019 ◽  
Vol 23 (4) ◽  
Author(s):  
Harutaka Takahashi ◽  
Kansho Piotr Otsubo
Keyword(s):  
Steady State ◽  
Structural Change ◽  
Rapid Growth ◽  
Service Sector ◽  
Structural Changes ◽  
Manufacturing Sector ◽  
Value Added ◽  
Standard Of Living ◽  
Living Standard ◽  
Intensity Effect

Abstract In the present study, we set up a continuous-time two-sector optimal growth model with services and manufacturing goods and then examine structural change: the rapid growth of the service sector. Earlier studies of structural changes can be separated into two categories: preference-driven and technology-driven. Here we introduce a new and distinct category of structural change: consumption externality identified as rise of the living standard. A key assumption is that (1) a representative consumer has a non-homothetic Stone–Geary type utility function with respect to manufacturing goods and that (2) its subsistence level will be regarded as the standard of living and will be affected by the average consumption of manufacturing goods, which also affects the consumption level of services. We also assume that the manufacturing sector is more capital-intensive than the service sector, which takes an important role in our proofs. Results show that a steady state equilibrium exists that is globally stable as well as saddle-point stable. Then, given certain production parameters in a steady state, there exists optimal steady state where the value-added and employment shares by service sector will dominate those of the manufacturing sector under the condition that external effects of the service sector dominates capital-intensity effect of the manufacturing sector. In other words, through the transition process, the service sector will dominate the manufacturing sector in the steady state.

Structural change and economic growth in India: a comparative study of Punjab

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anirban Sanyal ◽  
Nirvikar Singh
Keyword(s):  
Economic Growth ◽  
Structural Change ◽  
Structural Changes ◽  
Green Revolution ◽  
State Level ◽  
Productivity Change ◽  
Time Varying ◽  
Content Type ◽  
Panel Regressions ◽  
Time Varying Parameter

Purpose The Green Revolution transformed agriculture in the Indian State of Punjab, with positive spillovers to the rest of India, but recently the state’s economy has fallen dramatically in rankings of per capita state output. Understanding the trajectory of Punjab’s economy has important lessons for all of India. Economic development is typically associated with changes in economic structure, but Punjab has remained relatively reliant on agriculture rather than shifting economic activity to manufacturing and services, where productivity growth might be greater. Design/methodology/approach The authors empirically examine structural change in the Punjab economy in the context of structural change and economic growth across the States of India. The authors calculate structural change indices and map their pattern over time. The authors estimate panel regressions and time-varying parameter regressions, as well as performing productivity change decompositions into within-sector and structural changes. Findings Panel regressions and time-varying-coefficient regressions suggest a significant positive influence of structural change on state-level growth. In addition, growth positively affected structural change across India’s states. The relative lack of structural change in Punjab’s economy is implicated in its relatively poor recent growth performance. Comparisons with a handful of other states reinforce this conclusion: Punjab’s lack of economic diversification is a plausible explanation for its lagging economic performance. Originality/value This paper performs a novel empirical analysis of structural change and growth, simultaneously using three different approaches: panel regressions, time-varying parameter regressions and productivity decompositions. To the best of the authors’ knowledge, it is the only paper we are aware of that combines these three approaches.

Structural change and transition in the agricultural sector: Experience of Serbia

2017 ◽  
Vol 50 (4) ◽  
pp. 319-330 ◽  
Author(s):  
Natalija Bogdanov ◽  
Vesna Rodić ◽  
Matteo Vittuari
Keyword(s):  
Structural Change ◽  
Structural Changes ◽  
Agricultural Sector ◽  
The Other ◽  
European Countries ◽  
Political Crisis ◽  
Eastern European ◽  
Competitive Advantages ◽  
Social Settings ◽  
Eastern European Countries

The economic and political crisis Serbia had to face during the nineties affected the competitive advantages its agricultural sector had in comparison with the other countries of the region. Despite a number of differences related to the specific economic, political and social settings and developments, the reform path Serbia started in 2000 showed a number of similarities, but also some differences in comparison with most of the Central and Eastern European Countries. In this paper the main features of structural changes in the Serbian agricultural sector are analyzed, also in comparison with other countries in the region, the basic factors that contributed to these changes are identified and explained, and the key consequences and implications of this process are examined.

Growth, Investment, and Savings in Five Year Plans

2021 ◽  
pp. 88-120
Author(s):  
K. L. Datta
Keyword(s):  
Growth Rate ◽  
Structural Changes ◽  
Domestic Product ◽  
Public And Private ◽  
The Public ◽  
Agriculture Industry ◽  
Total Investment ◽  
Target Set ◽  
Public And Private Sector ◽  
Two Sectors

This chapter visits major macroeconomic parameters, such as gross domestic product, savings, and investment, and studies their movement, especially the peaks and troughs in the six decades of planning, 1951–2011. The growth performance of the economy is assessed by comparing the realized growth rate with the target set in the Five Year Plans. It identifies the periods when the growth rate failed to meet the target, and pinpoints the reasons behind the shortfall. The growth rates are measured for agriculture, industry, and services sectors, and the structural changes in the economy are explored. Tracing the course of investment in the public and private sector in the mixed-economy framework, it shows how the share of these two sectors in total investment and domestic product altered over time. Finally, it unfolds the nexus between savings, investment, and economic growth that is evident in different phases of the Plan periods.

ChemSafe (HK) Ltd

2003 ◽  
Vol 07 (01) ◽  
pp. 17-42
Author(s):  
Terence Tsai ◽  
Jonathan Lee ◽  
Catina Pui Pui Siu ◽  
Michael Chun-Fu Ma ◽  
Christianne Lam ◽  
...  
Keyword(s):  
Growth Rate ◽  
Hong Kong ◽  
Environmental Protection ◽  
Natural Environment ◽  
Science And Technology ◽  
Green Revolution ◽  
Environmentally Friendly ◽  
Changing Society

This case study explores the unique challenges confronting a small-sized Hong Kong enterprise in the wake of the "Green Revolution". The founder Mr. Peter Chan, possessed of a zest to protect the natural environment, sought to combine profit for the company with environmental protection. The science and technology behind the development of PestControl®, an organic and environmentally friendly pesticide, was clearly superior to that of its closest competition. However, despite an impressive growth rate in the 1990s, Chan was concerned about his firm's ability to sustain growth. The case is a classic example of entrepreneurship fighting for survival in a rapidly changing society.

scholarly journals FACTORS AFFECTING CUSTOMER LOYALTY FOR MOBILE SERVICE PROVIDERS

2020 ◽  
Vol 12 (0) ◽  
pp. 1-10
Author(s):  
Miglė Vyšedvorskytė ◽  
Neringa Vilkaitė-Vaitonė
Keyword(s):  
Customer Loyalty ◽  
Service Sector ◽  
Service Providers ◽  
Mobile Service ◽  
Consumer Loyalty ◽  
Factors Affecting ◽  
Mobile Phone User ◽  
The Future ◽  
Phone User

Intense competition in the mobile services market encourages these service providers to take measures to create, maintain and enhance consumer loyalty. In such a concentrated market, it becomes important for service providers to identify and enhance the factors determining customer loyalty and their expression, whereas maintaining existing users requires significantly less effort and financial, human and time resources than attracting new ones. This article deals with a case study of Lithuania’s mobile operators: UAB “Bitė Lietuva”, UAB “Tele2”, UAB “Telia” in the context of consumer loyalty. The paper raises the question of what factors influence mobile phone user loyalty and how these factors can be evaluated. The article presents theoretical analysis of factors determining consumer loyalty in the service sector. An expert evaluation and multi-criteria study reveals which loyalty factors have the strongest influence on customers of mobile operators when choosing a particular service provider in Lithuania. The relevance of this article has potential for a practical study of consumer loyalty factors in the future. In the future, the research may be continued on a larger scale, involving more companies in the telecommunications sector, choosing research methods that are suitable for a broader sample of research and formulating consumer loyalty enhancement solutions applicable exclusively to organizations in the industry.

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