This study aims an investigating the impact of the agricultural sector on the economic growth of Pakistan. Johansen co-integration was used to show the long-run relation between livestock, fisheries, major crops, minor crops, gross capital formation, and economic growth in Pakistan. The data were taken from the Pakistan Economic Surveys for the period 1987-2017. The Vector-Correction Model results show that in the short run livestock and fisheries have a negative and insignificant effect on growth. The significant negative value of the Vector Error Correction Model coefficients shows that the parameters will do adjustment and return to equilibrium in the long run. The co-integration results showed a positive link between sub-sectors of agriculture and economic growth. The study is crucial for policy makers regarding the promotion of agricultural sector. The agriculture sector is very important for the growth of Pakistan's economy, but it has not been given due importance. The study recommends the formulation of suitable policies to promote the livestock and fisheries sector in Pakistan to raise the sources of foreign revenue.
The feasibility study of financial farming was needed to be analyzed by local farmers. This study was conducted purposively in Banua Tengah Village, Takisung Sub-District, Tanah Laut District, in July - September 2017. Respondents were selected by simple random sampling of 30 persons in the village sample. Data were collected in the form of primary data and secondary data Tabulation analysis was needed to analyze the data on farmer’s household characteristics and housing management characteristics, also farmer’s household income and expense data. Financial feasibility analysis for calculating the feasibility of beef cattle breeding business investment was determined using the feasibility indicators namely: NPV, B/C Ratio and IRR, while the indicators of the feasibility of cattle fattening: BEP, ROI, and R/C. The result showed that (1) The business of beef cattle breeding using 5 females aged 1 year old in the fourth year (until bore 1 calf/head) was quite feasible to be developed cause it resulted in Gross B/C Ratio value of 1.23 (B/C > 1), NPV value of 21,500,194 (positive), and IRR value of 14.61% by Discount Rate of 10 %. (2) Fattening beef cattle business using 5 cattles/farmer (3 months raising period) will resulted benefit for farmers when the BEP selling price was above IDR 39,152/kg of live weight, and the total BEP of beef cattle weight gain after 3 months fattening period above 1,700 kg or above 340 kg/head, with ROI value of 31.09% (each cost incurred about IDR 1 will get a profit of IDR. 0.3109), and R/C value = 1.31 ( quite feasible to be developed).
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