IDEAS home Printed from https://ideas.repec.org/a/spr/fininn/v3y2017i1d10.1186_s40854-017-0063-z.html
   My bibliography  Save this article

Economic outlook of rice crops in Pakistan: a time series analysis (1970–2015)

Author

Listed:
  • Abdul Rehman

    (Anhui Agricultural University)

  • Luan Jingdong

    (Anhui Agricultural University)

  • Abbas Ali Chandio

    (Sichuan Agricultural University, Sichuan)

  • Muhammad Shabbir

    (University of Kotli Azad Jammu & Kashmir)

  • Imran Hussain

    (Allama Iqbal Open University)

Abstract

Background The basic objective of this study was to examine the relationship between the rice output, its production area, water availability, and agricultural gross domestic product (GDP) of Pakistan. Annual time series data for 1970–2015 were collected from the National Food Security and Research, Economic Survey of Pakistan, and Pakistan Bureau of Statistics (various publications). Methods Rice crop data were analyzed using the ordinary least square method and the augmented Dickey–Fuller test. Were interpreted using the Johansen cointegration test. Results Our study revealed the existence of a long-standing relationship between rice output, its production area, and water availability with the agricultural GDP of Pakistan. Regression results indicate that rice output and cultivated area have a significant and positive relationship with agricultural GDP, while water availability has a negative relationship. Conclusions The study suggests that the government of Pakistan should design new policies and funding schemes for developing and improving water availability.

Suggested Citation

  • Abdul Rehman & Luan Jingdong & Abbas Ali Chandio & Muhammad Shabbir & Imran Hussain, 2017. "Economic outlook of rice crops in Pakistan: a time series analysis (1970–2015)," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 3(1), pages 1-9, December.
    • Handle: RePEc:spr:fininn:v:3:y:2017:i:1:d:10.1186_s40854-017-0063-z
    DOI: 10.1186/s40854-017-0063-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s40854-017-0063-z
    File Function: Abstract
    Download Restriction: no
    File URL: https://libkey.io/10.1186/s40854-017-0063-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rico Gamuyao & Joong Hyoun Chin & Juan Pariasca-Tanaka & Paolo Pesaresi & Sheryl Catausan & Cheryl Dalid & Inez Slamet-Loedin & Evelyn Mae Tecson-Mendoza & Matthias Wissuwa & Sigrid Heuer, 2012. "The protein kinase Pstol1 from traditional rice confers tolerance of phosphorus deficiency," Nature, Nature, vol. 488(7412), pages 535-539, August.
    2. Kahlown, M. A. & Kemper, W. D., 2004. "Seepage losses as affected by condition and composition of channel banks," Agricultural Water Management, Elsevier, vol. 65(2), pages 145-153, March.
    3. Kenong Xu & Xia Xu & Takeshi Fukao & Patrick Canlas & Reycel Maghirang-Rodriguez & Sigrid Heuer & Abdelbagi M. Ismail & Julia Bailey-Serres & Pamela C. Ronald & David J. Mackill, 2006. "Sub1A is an ethylene-response-factor-like gene that confers submergence tolerance to rice," Nature, Nature, vol. 442(7103), pages 705-708, August.
    4. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
    5. Hijmans, R. J. & Condori, B. & Carrillo, R. & Kropff, M. J., 2003. "A quantitative and constraint-specific method to assess the potential impact of new agricultural technology: the case of frost resistant potato for the Altiplano (Peru and Bolivia)," Agricultural Systems, Elsevier, vol. 76(3), pages 895-911, June.
    6. Kahlown, Muhammad Akram & Raoof, Abdur & Zubair, Muhammad & Kemper, W. Doral, 2007. "Water use efficiency and economic feasibility of growing rice and wheat with sprinkler irrigation in the Indus Basin of Pakistan," Agricultural Water Management, Elsevier, vol. 87(3), pages 292-298, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Surbhi Bansal & Pushp Kumar & Shan Mohammad & Nazim Ali & Mohd Arshad Ansari, 2021. "Asymmetric effects of cereal crops on agricultural economic growth: a case study of India," SN Business & Economics, Springer, vol. 1(12), pages 1-19, December.
    2. Wu, Qihan & Yan, Dong & Umair, Muhammad, 2023. "Assessing the role of competitive intelligence and practices of dynamic capabilities in business accommodation of SMEs," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1103-1114.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Muhammad Arif Watto & Amin W. Mugera, 2014. "Measuring Production and Irrigation Efficiencies of Rice Farms: Evidence from the Punjab Province, Pakistan," Asian Economic Journal, East Asian Economic Association, vol. 28(3), pages 301-322, September.
    2. Hongbo Li & Shenhao Wang & Sen Chai & Zhiquan Yang & Qiqi Zhang & Hongjia Xin & Yuanchao Xu & Shengnan Lin & Xinxiu Chen & Zhiwang Yao & Qingyong Yang & Zhangjun Fei & Sanwen Huang & Zhonghua Zhang, 2022. "Graph-based pan-genome reveals structural and sequence variations related to agronomic traits and domestication in cucumber," Nature Communications, Nature, vol. 13(1), pages 1-14, December.
    3. Daiqi Wang & Hongru Wang & Xiaomei Xu & Man Wang & Yahuan Wang & Hong Chen & Fei Ping & Huanhuan Zhong & Zhengkun Mu & Wantong Xie & Xiangyu Li & Jingbin Feng & Milan Zhang & Zhilan Fan & Tifeng Yang , 2023. "Two complementary genes in a presence-absence variation contribute to indica-japonica reproductive isolation in rice," Nature Communications, Nature, vol. 14(1), pages 1-12, December.
    4. Noor Zardari & Ian Cordery, 2009. "Water Productivity in a Rigid Irrigation Delivery System," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 23(6), pages 1025-1040, April.
    5. Muhammad Zia Ullah Khan & Muhammad Illyas & Muqqadas Rahman & Chaudhary Abdul Rahman, 2015. "Money Monetization and Economic Growth in Pakistan," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(4), pages 184-192, April.
    6. Yap, Wei Yim & Lam, Jasmine S.L., 2006. "Competition dynamics between container ports in East Asia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(1), pages 35-51, January.
    7. Erasmia Kotroni & Dimitra Kaika & Efthimios Zervas, 2020. "Environmental Kuznets Curve in Greece in the period 1960-2014," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 364-370.
    8. Shyh-Wei Chen, 2008. "Non-stationarity and Non-linearity in Stock Prices: Evidence from the OECD Countries," Economics Bulletin, AccessEcon, vol. 3(11), pages 1-11.
    9. Ely, David & Salehizadeh, Mehdi, 2001. "American depositary receipts: An analysis of international stock price movements," International Review of Financial Analysis, Elsevier, vol. 10(4), pages 343-363.
    10. Kazem Yavari & Mina Mehrnoosh, 2005. "The Welfare Cost of Inflation in Iran," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 10(2), pages 111-117, fall.
    11. Choi-Meng Leong & Chin-Hong Puah & Shazali Abu Mansor & Evan Lau, 2010. "Testing the Effectiveness of Monetary Policy in Malaysia Using Alternative Monetary Aggregation," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 4(3), pages 321-338, August.
    12. Ali MNA & Moheddine YOUNSI, 2018. "A monetary conditions index and its application on Tunisian economic forecasting," Journal of Economics and Political Economy, KSP Journals, vol. 5(1), pages 38-56, March.
    13. Jan Babecký & Fabrizio Coricelli & Roman Horváth, 2009. "Assessing Inflation Persistence: Micro Evidence on an Inflation Targeting Economy," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 59(2), pages 102-127, June.
    14. Hauser, Shmuel & Kedar-Levy, Haim & Milo, Orit, 2022. "Price discovery during parallel stocks and options preopening: Information distortion and hints of manipulation," Journal of Financial Markets, Elsevier, vol. 59(PA).
    15. Rocha, Roberto de Rezende, 1991. "Inflation and stabilization in Yugoslavia," Policy Research Working Paper Series 752, The World Bank.
    16. Dhanya Jothimani & Ravi Shankar & Surendra S. Yadav, 2016. "Discrete Wavelet Transform-Based Prediction of Stock Index: A Study on National Stock Exchange Fifty Index," Papers 1605.07278, arXiv.org.
    17. Maria Soledad Martinez Peria, 2002. "The Impact of Banking Crises on Money Demand and Price Stability," IMF Staff Papers, Palgrave Macmillan, vol. 49(3), pages 1-1.
    18. Chi-Wei Su, 2012. "The relationship between exchange rate and macroeconomic variables in China," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 30(1), pages 33-56.
    19. Apergis, Nicholas, 2005. "An estimation of the natural rate of unemployment in Greece," Journal of Policy Modeling, Elsevier, vol. 27(1), pages 91-99, February.
    20. Ansharullah Tasri, 2019. "The Flypaper Effect Phenomenon: Evidence from Indonesia," European Journal of Engineering and Formal Sciences Articles, Revistia Research and Publishing, vol. 2, 2019.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:fininn:v:3:y:2017:i:1:d:10.1186_s40854-017-0063-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.