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Inter-sectoral Growth Linkages and Their Implications for Agriculture: Evidence from Indian States
Millennial Asia ( IF 1.3 ) Pub Date : 2018-12-01 , DOI: 10.1177/0976399618805628
Rittu Susan Varkey 1 , Prasant Kumar Panda 2
Affiliation  

This article empirically examines the existence of inter-sectoral growth linkages among the key sectors of the Indian economy at the state level. The examination evaluates the impact of the non-agricultural sectors of the states and that of the rest of the states on agricultural output of a particular state. An annual panel data set for 15 general category states have been taken for the period 1980–1981 to 2012–2013. Panel cointegration and fully modified ordinary least square methods have been used to study the existence of a long-run equilibrium relationship between sectors. The results suggest that there is a long-run equilibrium relationship among three sectors of the economy in the Indian states. The evaluation indicates that the industrial sector contributes positively in complementing the growth of agriculture, but the service sector advancement affects agricultural growth negatively. However, services having some direct reference to agriculture such as transport, storage and communication (TSC), trade, hotel and restaurant (THR) and banking and insurance (BI) have positive linkage with agriculture. The state specific econometric evaluation of the agricultural output varies relatively across different states, for example, in Kerala, the impact of rest of the industries and services leaves a positive significance; whereas, the study foresees the negative impact of industry and services in the states such as Bihar, Madhya Pradesh, Orissa and Rajasthan. In order to neutralize the negative linkages of service sector on agriculture, policies for promoting pro-agricultural services such as crop and agricultural insurance, agricultural loans, facilities for agricultural warehouse, marketing services, weather communication, transport services and provision of technical support to farm activities are important. Such initiatives can help agricultural sector grow along in the simultaneous development of sectors propelling growth of the economy at a faster rate.

中文翻译:

部门间增长联系及其对农业的影响:来自印度国家的证据

本文从经验的角度考察了州一级印度经济关键部门之间部门间增长联系的存在。该检查评估了州的非农业部门以及其他州对特定州农业产出的影响。在1980-1981年至2012-2013年期间,已获取了15个大类国家的年度面板数据集。面板协整和完全修改的普通最小二乘法已用于研究部门之间长期均衡关系的存在。结果表明,印度各州经济的三个部门之间存在长期的均衡关系。评价表明,工业部门对补充农业增长做出了积极贡献,但是服务业的发展对农业增长产生了负面影响。但是,与农业有直接关系的服务,例如运输,仓储和通讯(TSC),贸易,旅馆和饭店(THR)以及银行和保险(BI)与农业有着积极的联系。各个州对农业产量的州计量经济学评估在不同州之间变化相对较大,例如在喀拉拉邦,其他产业和服务业的影响具有积极意义;然而,该研究预见了工业和服务业将对比哈尔邦,中央邦,奥里萨邦和拉贾斯坦邦等州产生负面影响。为了消除服务业与农业之间的消极联系,制定了促进亲农业服务的政策,例如作物和农业保险,农业贷款,农业仓库设施,市场服务,天气通讯,运输服务以及为农场活动提供技术支持很重要。这些举措可以帮助农业部门在促进经济快速增长的行业同步发展中发展。
更新日期:2018-12-01
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