Asymmetric effects of cereal crops on agricultural economic growth: a case study of India

Bansal, Surbhi; Kumar, Pushp; Mohammad, Shan; Ali, Nazim; Ansari, Mohd Arshad

doi:10.1007/s43546-021-00166-2

Cited by 8 publications

(3 citation statements)

References 24 publications

(23 reference statements)

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“…If there is co-integration among variable found then the asymmetry price transmission of (5), and (6) can be discussed in the short-run and long-run. The estimated findings of Eq ( 5 ) and ( 6 ) can be examined through the Wald test [ 44 ] to determine the possible asymmetric effect of independent variables on the dependent variable. After identifying the presence of long- and short-term asymmetric effects on research variables, we utilize a variety of diagnostic tests to evaluate the robustness of our findings.…”

Section: Data Description and Econometric Methodologymentioning

confidence: 99%

Spatial price transmission in the onion markets of Bangladesh: An application of NARDL approach

et al. 2023

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As the price of local onions is greatly impacted by the price of imported onions at these two levels of the supply chain, the goal of this study was to ascertain whether onion prices in Bangladesh are transmitted asymmetrically at the wholesale and retail levels. To analyze asymmetry, the study employed the nonlinear autoregressive distributed lag (NARDL) model in the short and long run using monthly time series data from January 2006 to December 2020. The NARDL model captures the effects of both positive and negative shocks in the short as well as in the long run. The empirical results from the NARDL indicate that the wholesale price of local onion shares a short-run relationship with the wholesale price of imported onion while the local retail price of onion shares a long-run relationship with the imported retail price of onion. In addition, the short-run impact of local wholesale and imported wholesale prices is asymmetric. Long-run evidence supports the existence of an asymmetric effect between the local and imported retail onion prices. Using the Pairwise Granger causality test, we examined the causal relationships between wholesale and retail prices. The direction of the casual relationship indicates that the wholesale and retail prices of imported onions lead to the wholesale and retail prices of local onions. A clear understanding of the onion market, how prices move between market actors, and its role in determining market price interaction could be gained by analyzing the asymmetric relationship between the local and imported onion prices. As a result, significant policy recommendations could be made to control the onion price in Bangladesh.

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Section: Data Description and Econometric Methodologymentioning

confidence: 99%

Spatial price transmission in the onion markets of Bangladesh: An application of NARDL approach

et al. 2023

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“…Agboola et al ( 2022 ) conducted a study on Nigeria and found that various components of agricultural production boost economic growth. In Bansal et al ( 2021 ), agricultural growth was found as the end product of certain agricultural production decisions which then boosts economic growth. In the case of Benin, Chabi Simin Najib et al ( 2022 ) found that agricultural production exerts a positive influence on economic growth.…”

Section: Review Of Related Literaturementioning

confidence: 99%

An empirical assessment of the tripartite nexus between environmental pollution, economic growth, and agricultural production in Sub-Saharan African countries

Ali

Gyamfi

Bekun

et al. 2023

Environ Sci Pollut Res

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A lot of attention has been paid to environmental pollution worldwide, due to the increase in anthropogenic activities. Massive investment in non-renewable energy options raises questions regarding environmental sustainability and how to maximize food and non-food output while still preserving a healthy ecosystem. To this end, the present study explores the three-way nexus between economic growth, CO 2 emission, and agriculture-value added will accounting for other control variables across a balanced panel of selected African economies from 1997 to 2020. Panel econometrics method of the generalized method of moments (two-step difference GMM) is used to obtain a robust result. From the present study, the environmental pollution model shows that economic growth significantly contributes to environmental pollution in Africa. Additionally, the food price index, capital, and FDI promote pollution, while agricultural production and labor decrease pollution. In the case of the economic growth model, the findings reveal that environmental pollution supports the growth-led pollution hypothesis. Also, the food price index and capital ameliorate economic growth, while foreign direct investments decrease economic growth. Finally, the agricultural production model indicates that economic growth increases agricultural production when the interaction term between GDPC and FDI is included in the model. In summary, the combination of explanatory variables, environmental pollution, capital, and foreign direct investment decreases agricultural production. On the contrary, the food price index and labor promote agricultural production in Africa. Furthermore, the study provides a lot of policies for authorities and stakeholders in Sub-Saharan African countries and other developing economies.

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“…As a result of the study, the financial incentives provided in the agricultural sector did not have a significant effect on the development of the agricultural sector in the long term; however, economic growth positively affected the development of the agricultural sector. Bansal et al (2021) used nonlinear autoregressive distribution lag (NARDL) and Granger causality test in their study in which they examined the effects of rice, wheat, and maize crop production on agricultural growth in India. The NARDL model indicated that in the long run, positive and negative shocks in maize and rice production and a positive shock in wheat production were positively correlated with agricultural growth.…”

Section: Introductionmentioning

confidence: 99%

The impact of some animal products on agricultural gross domestic product in Türkiye: A time series analysis

Acibuca

2024

Revista Brasileira De Zootecnia

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The relationship between animal products and agricultural gross domestic product (AGDP) in Türkiye was investigated in this study. We used data of eight animal products (cow milk, sheep milk, beef, mutton, poultry meat, eggs, wool, and honey) from 1980 to 2020. After checking the stationarity of the series by the Augmented Dickey-Fuller (ADF) test, the Johansen cointegration test was used to establish the existence of a long-term relationship between animal products and AGDP, and the results were interpreted using The Fully Modified Ordinary Least Squares (FMOLS) analysis. According to the findings, honey, beef, poultry meat, mutton, eggs, and wool had a positive and significant relationship with AGDP in Türkiye, whereas sheep milk and cow milk and AGDP was not significant. The total effect of the examined animal products on AGDP was 0.61%. The results showed that wool was the most important contributor to AGDP among the products analyzed. Therefore, it is suggested that policymakers develop funding strategies to expand the production of these products.

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Asymmetric effects of cereal crops on agricultural economic growth: a case study of India

Cited by 8 publications

References 24 publications

Spatial price transmission in the onion markets of Bangladesh: An application of NARDL approach

Spatial price transmission in the onion markets of Bangladesh: An application of NARDL approach

An empirical assessment of the tripartite nexus between environmental pollution, economic growth, and agricultural production in Sub-Saharan African countries

The impact of some animal products on agricultural gross domestic product in Türkiye: A time series analysis

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