Agriculture Production and Economic Growth
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Abstract
Post world-war II global economy is growing at steady pace and most of nations have been experiencing rise in per capita income whether they are rich or poor. Agriculture industry is major employer of poor people in low income nations where large segment of population work as an agriculture labourers. While in rich nations less than one percentage population is occupied in agriculture activity. In this article relationship between economic growth and agriculture production is evaluated for rich, middle-income and poor nations on datasets for period 1960 to 2014.
DOI: https://doi.org/10.3844/ajassp.2015.810.813
Copyright: © 2015 Chintan D. Shah. This is an open access article distributed under the terms of the
Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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Keywords
- Agriculture Production
- Economic Growth
- Panel Data Regression