Implications of productivity growth in Pakistan: An economy-wide analysis

Public investments and policies under Pakistan’s new Framework for Economic Growth are expected to lead to substantial gains in productivity, especially in the industrial and service sectors of Pakistan’s economy. Computable General Equilibrium (CGE) model simulations using a new 2008 Social Account...

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Main Authors: Debowicz, Darío, Dorosh, Paul A., Robinson, Sherman, Haider, Syed Hamza
Format: Brief
Language:Inglés
Published: International Food Policy Research Institute 2012
Subjects:
Online Access:https://hdl.handle.net/10568/154012
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author Debowicz, Darío
Dorosh, Paul A.
Robinson, Sherman
Haider, Syed Hamza
author_browse Debowicz, Darío
Dorosh, Paul A.
Haider, Syed Hamza
Robinson, Sherman
author_facet Debowicz, Darío
Dorosh, Paul A.
Robinson, Sherman
Haider, Syed Hamza
author_sort Debowicz, Darío
collection Repository of Agricultural Research Outputs (CGSpace)
description Public investments and policies under Pakistan’s new Framework for Economic Growth are expected to lead to substantial gains in productivity, especially in the industrial and service sectors of Pakistan’s economy. Computable General Equilibrium (CGE) model simulations using a new 2008 Social Accounting Matrix (SAM) for Pakistan show that achieving high productivity growth targets broadly consistent with the Framework for Economic Growth would imply a 9.3 percent per year gain in average household income (compared to trend growth in household incomes of 5.8 percent). Accelerating agricultural growth as well, however, would result in even greater overall economic growth with an additional 2.6 percent gain in average household income. Moreover, with accelerated agriculture growth, real incomes of poor household groups rise substantially, by an additional 2.9 to 4.5 percent, as food-deficit urban poor and poor rural non-farm households benefit from lower real food prices, and agricultural growth spurs rural non-farm output and incomes.
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spelling CGSpace1540122025-11-06T06:13:04Z Implications of productivity growth in Pakistan: An economy-wide analysis Debowicz, Darío Dorosh, Paul A. Robinson, Sherman Haider, Syed Hamza productivity public investment computable general equilibrium models agricultural growth Public investments and policies under Pakistan’s new Framework for Economic Growth are expected to lead to substantial gains in productivity, especially in the industrial and service sectors of Pakistan’s economy. Computable General Equilibrium (CGE) model simulations using a new 2008 Social Accounting Matrix (SAM) for Pakistan show that achieving high productivity growth targets broadly consistent with the Framework for Economic Growth would imply a 9.3 percent per year gain in average household income (compared to trend growth in household incomes of 5.8 percent). Accelerating agricultural growth as well, however, would result in even greater overall economic growth with an additional 2.6 percent gain in average household income. Moreover, with accelerated agriculture growth, real incomes of poor household groups rise substantially, by an additional 2.9 to 4.5 percent, as food-deficit urban poor and poor rural non-farm households benefit from lower real food prices, and agricultural growth spurs rural non-farm output and incomes. 2012 2024-10-01T13:58:56Z 2024-10-01T13:58:56Z Brief https://hdl.handle.net/10568/154012 en Open Access application/pdf International Food Policy Research Institute Debowicz, Dario; Dorosh, Paul A.; Robinson, Sherman and Haider, Syed Hamza. 2012. Implications of productivity growth in Pakistan: An economy-wide analysis. PSSP Working Paper 2. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/154012
spellingShingle productivity
public investment
computable general equilibrium models
agricultural growth
Debowicz, Darío
Dorosh, Paul A.
Robinson, Sherman
Haider, Syed Hamza
Implications of productivity growth in Pakistan: An economy-wide analysis
title Implications of productivity growth in Pakistan: An economy-wide analysis
title_full Implications of productivity growth in Pakistan: An economy-wide analysis
title_fullStr Implications of productivity growth in Pakistan: An economy-wide analysis
title_full_unstemmed Implications of productivity growth in Pakistan: An economy-wide analysis
title_short Implications of productivity growth in Pakistan: An economy-wide analysis
title_sort implications of productivity growth in pakistan an economy wide analysis
topic productivity
public investment
computable general equilibrium models
agricultural growth
url https://hdl.handle.net/10568/154012
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