Agricultural Sub-Sectors Performance: An Analysis of Sector-Wise Share in Agriculture GDP of Pakistan

Abstract

This study focused on the agricultural sub-sectors performance: an analysis of sector-wise share in agriculture GDP in Pakistan by using secondary data from 1998 to 2015. Ordinary Least Square (OLS); an econometric method was applied to estimate the model parameters. For this purpose the study considered dependent variable of agriculture GDP and several independent variables were contain major, minor crops, livestock and forestry. The empirical results indicate that agricultural sub-sectors contribute positively and significantly in the agriculture GDP. However, forestry sub-sector had expected sign but the variable was not significant. In agriculture, forestry sub-sector share was considered very poor compared with other sub-sectors could be due to less attention paid from the government. The results suggest that the Government of Pakistan should make some intervention in the agricultural sub-sectors by introducing innovative agriculture technologies that could improve the sub-sectors share in the overall agriculture GDP.