Research Article Open Access

Agriculture Production and Economic Growth

Chintan D. Shah1
  • 1 Lion Wealth Advisors Pvt Ltd. 106/b Synergy Tower, Prahlad-Nagar Corporate Road, Ahmedabad, India-380018, India

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.

American Journal of Applied Sciences
Volume 12 No. 11, 2015, 810-813

DOI: https://doi.org/10.3844/ajassp.2015.810.813

Submitted On: 16 July 2015 Published On: 10 November 2015

How to Cite: Shah, C. D. (2015). Agriculture Production and Economic Growth. American Journal of Applied Sciences, 12(11), 810-813. https://doi.org/10.3844/ajassp.2015.810.813

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Keywords

  • Agriculture Production
  • Economic Growth
  • Panel Data Regression