Development of Livestock and Productivity of Labour in Pakistan: An Empirical Work
Development of Livestock and Productivity of Labour in Pakistan: An Empirical Work
Muhammad Shahid1*, Mehmood Shah2, Adiqa Kiani3 and Farhat Parveen4
ABSTRACT
This study examined the agriculture particularly livestock sector which is considered the fundamental and back bone of any economy of the world. In the season of draught and a crop failure, the only sector which generates incomes and financial support for agricultural sector. This research paper debates on livestock implications in raising labour productivity by taking time series data from 1984 to 2017 and Auto Regressive Distributive lag model (ARDL) has been applied to conclude the results. The other econometric test CUSUM and CUSUM sum of square were conducted to check the stability of the model. The results of the study reveal statistically significant positive impact of livestock and on labour productivity while the role of Govt. fixed capital and inflation are insignificant. This comprehensive research will support the govt. in formulating policies on livestock to labour productivity of the economy.
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