Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Journal of Economics...arrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
Journal of Economics and Business
Article
License: CC BY
Data sources: UnpayWall
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
ZENODO
Article . 2020
License: CC BY
Data sources: ZENODO
Journal of Economics and Business
Article . 2020 . Peer-reviewed
Data sources: Crossref
versions View all 2 versions
addClaim

Agriculture, Manufacturing and Economic Growth in India: A Co-integration Analysis

Authors: Imran Ali Baig; Md. Safdar Ali; Abdus Salam; Shah Mohd. Khan;

Agriculture, Manufacturing and Economic Growth in India: A Co-integration Analysis

Abstract

This study examined the most debatable question of the last three-decade, i.e., "Does the agriculture growth affect economic growth? "And also assess the long-run relationship between the variables, namely agriculture, manufacturing and economic growth in India with the use of annually data from 1966-to 2016. The study employed unit root and causality test suggested by the Dicky fuller, Phillips-Perron and Granger, respectively. Besides, ARDL techniques used to analyze the relationship among the variables, i.e., agriculture, manufacturing and economic growth for the short as well as a long period. As per outcome, the result shows that uni-directional causality running from manufacturing and economic growth to agricultural growth. Furthermore, uni-directional causality running from economic growth to manufacturing growth in India. Results also showed that bidirectional causal relationship between economic and agriculture growth. It can be concluded that this study support of a very famous statement "agriculture is the engine of economic growth" this statement is valid for the short period of time, but manufacturing contributed more than agriculture sector to the economic growth in the long run in India.

Related Organizations
Keywords

Agriculture Growth, ARDL Model, Economic Growth, Granger Causality, Manufacturing Growth, Stationarity

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    4
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
    OpenAIRE UsageCounts
    Usage byUsageCounts
    visibility views 2
    download downloads 9
  • 2
    views
    9
    downloads
    Powered byOpenAIRE UsageCounts
Powered by OpenAIRE graph
Found an issue? Give us feedback
visibility
download
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
OpenAIRE UsageCountsViews provided by UsageCounts
downloads
OpenAIRE UsageCountsDownloads provided by UsageCounts
4
Top 10%
Average
Average
2
9
Green
hybrid