Agriculture

Do agricultural commodity prices asymmetrically affect the performance of value-added agriculture? Evidence from Pakistan using a NARDL model

U. Kashif, J. Shi, et al.

This study explores the fascinating relationship between agricultural commodity price shocks, credit disbursement, and labor force on Pakistan's agricultural growth. Conducted by Umair Kashif and colleagues, it reveals that both positive and negative price shocks boost agricultural growth, with positive shocks making a more pronounced impact. The research also emphasizes the significant role of credit and labor force in driving agricultural value-added over time.