Public Expenditure on Agriculture and Economic Growth: A Case Study of Meghalaya

Agricultural Economics Research Review 2018, 31 (2), 271-279 DOI: 10.5958/0974-0279.2018.00044.7

10 Pages Posted: 30 Dec 2020

See all articles by U. K. De

U. K. De

North-Eastern Hill University (NEHU) - Department of Economics

Date Written: April 1, 2018

Abstract

This paper assesses the impact of government expenditure on agriculture and allied activities on economic growth (GSDP) in Meghalaya during the period 1984-85 to 2013-14. We find a significant positive impact of agricultural expenditure on crop husbandry on GSDP growth. On the other hand, the impact of public expenditure on forestry, dairy and irrigation is found out to be negative. These findings conclude that although crop husbandry happens to have a significant positive impact of economic growth, the need for strengthening its linkages with other sectors cannot be undermined given the small and declining size of landholdings in the state.

Keywords: Public Expenditure, Agriculture, Economic Growth, Meghalaya

JEL Classification: H72, O49

Suggested Citation

De, Utpal Kumar, Public Expenditure on Agriculture and Economic Growth: A Case Study of Meghalaya (April 1, 2018). Agricultural Economics Research Review 2018, 31 (2), 271-279 DOI: 10.5958/0974-0279.2018.00044.7, Available at SSRN: https://ssrn.com/abstract=3720139

Utpal Kumar De (Contact Author)

North-Eastern Hill University (NEHU) - Department of Economics ( email )

Shillong, 703014
India

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