Journal of Advances in Economics and Finance

Download PDF (140.2 KB) PP. 45 - 52 Pub. Date: November 30, 2020

DOI: DOI: 10.22606/jaef.2020.54001

• Zaib-un-nisa^*
  Bahauddin Zakariya University, Multan, Pakistan

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.

Pakistan, agricultural exports, non-agricultural exports, Johansen co-integration, labor force

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