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10.2307/3666202
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 1756-137X
- DOI
- 10.1108/17561371111131317
- Publisher site
- See Article on Publisher Site
Abstract
Purpose – The purpose of this paper is to develop a financial liberalization index (FLI) and evaluate its impact on agricultural growth. Design/methodology/approach – The study uses the autoregressive distributed lag approach to determine the long run and short coefficients. Findings – The empirical results show that FLI affects agricultural growth positively in the short and the long run; but real interest rate positively affects agricultural growth in the short run and negatively in the long run. Originality/value – While previous research focuses on overall economic growth, this paper evaluates the impact of financial liberalization on the agricultural sector.
Journal
China Agricultural Economic Review – Emerald Publishing
Published: May 10, 2011
Keywords: Pakistan; Agriculture; Economic growth; Economic policy