Do agricultural commodity prices asymmetrically affect the performance of value-added agriculture? Evidence from Pakistan using a NARDL model
نویسندگان
چکیده
Abstract In the last few decades, rising prices of agricultural commodities have been an area concern for most countries owing to high population growth, increased unemployment, and per capita food needs. The current study intends examine positive negative shocks product prices, credit disbursement, labor force’s impact on growth Pakistan. nonlinear autoregressive distributed lag (NARDL) method was applied using secondary data sources from 1970 2018. results revealed that price contribute positively agriculture growth; however, shock has a more stimulating effect than prices. Furthermore, disbursement force significantly value added in short long run. Finally, study’s findings far-reaching consequences policymakers dealing with Pakistan’s asymmetric relationship between commodity growth.
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ژورنال
عنوان ژورنال: Humanities & social sciences communications
سال: 2023
ISSN: ['2662-9992']
DOI: https://doi.org/10.1057/s41599-023-01888-4