Asymmetric Effects of Cereals Crops on Agricultural Economic Growth: A Case Study of India [post]

Surbhi Bansal, Pushp Kumar, Shan Mohammad, Nazim Ali, Mohd Arshad Ansari
2021 unpublished
The study explores the asymmetric effects of cereals crops, namely wheat, rice, and maize production on agricultural economic growth in India during 1960–2019. The asymmetric ARDL method is used in this study to analyze the asymmetric relationship between the independent and dependent variables. The findings reveal a link between cereal crop growth and agricultural economic growth. The NARDL findings indicate that positive maize and rice shocks have a considerable short- and long-term influence
more » ... long-term influence on agricultural economic growth. In contrast, the positive shock of wheat production is not significant. While the negative shocks of maize, rice and wheat production significantly impact agricultural economic growth. In a nutshell, the study reveals that agriculture growth has an asymmetric relationship with maize, wheat and rice production. The study's findings imply that policymakers should develop long- and short-term plans to boost agricultural growth and productivity in order to help farmers.
doi:10.21203/ fatcat:msx7cwntdnhd3jbilrgegbwp3y