The aim of the current study is to investigate the macro determinants of the technological progress in the agricultural sector of Pakistan. Variables of the study are technological progress (TFP), infrastructural development (INFRA), research and development (R&D), human resource development (EDU) and credit disbursement (CRD). Time series data have been used which is from the period of 1961-2013. Total factor productivity index has been used as proxy for the technological progress. The tremendous growth in the TFP has been observed during the decade of 60‟s and lowest rates during the decade of 70s and in 2000. Farther study used ARDL model for finding the significant long and short run relationship among the variables. The results showed that there is positive and significant relationship between the education (EDU) and technological progress (TFP) both in long and in short run. Similarly infrastructure (INFRA) and TFP has also positive and significant relationship both in short and in long run. But the results of the research and development (R&D) showed that in short run it is positive and significant and in long run it has insignificant relationship with the TFP. On the contrary, credit disbursement (CRD) has positive and insignificant relationship with the TFP in short and in long run. Findings of the present study concluded that technological progress has been positively affected by the macro economic variables and also by the efficiently utilization of inputs. Keywords: Autoregressive distributive lag model, Technological progress, human resource development, credit disbursement, infrastructure development and research and development.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
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