Atmospheric condition which remains for some days is called weather, whereas, if such condition prevails for a season, decade or a century, it is termed as climate. To keep the pace of growth fossil fuel has been used in order to meet the energy requirement. However, fossil fuel adds some gases in the atmosphere which are altering the climate with the passage of time.
Climate change and its impact on agricultural production is being debated in economic literature in context of different regions. The geographical location of Pakistan is assumed to be vulnerable to climate change. Concentration of greenhouse gases (GHGs) like carbon dioxide, methane and nitrous oxide through human activities has altered the composition of climate. These gases have increased temperature on earth by trapping sun light. This higher temperature in tropical regions may negatively affect the growth process and productivity of wheat. This study aims to look at the impact of climate change on wheat production in Pakistan. The study uses Autoregressive Distributed Lag (ARDL) model to evaluate the impact of global climate change on the production of wheat in Pakistan. The study considers annual data from 1960 to 2009. On the basis of this historical data the study tries to capture the impact of climate change on wheat production up to now. The results of estimation reveal that global climate change doesn't influence the wheat production in Pakistan. However, on the basis of the results some appropriate adaptative measures are proposed to confront any adverse shock to wheat production in Pakistan.
It is necessary for a country to make its agriculture sector efficient to enhance food security, quality of life and to promote rapid economic growth. The evidence from least developed countries (LDCs) indicates that agriculture sector accounts for a large share in their gross domestic product (GDP). Thus the development of the economy cannot be achieved without improving the agriculture sector. According to the Economic Survey of Pakistan (2011-12) its main natural resource is arable land and agriculture sector’s contribution to the GDP is 21 percent. The agricultural sector absorbs 45 percent of labour force and its share in exports is 18 percent. Given the role of agricultural sector in economic growth and its sensitivity to change in temperature and precipitation it is important to study the impact of climate change on major crops in Pakistan. There are two crops seasons in Pakistan namely, Rabi and Kharif. Rabi crops are grown normally in the months of November to April and Kharif crops are grown from May to October. These two seasons make Pakistan an agricultural economy and its performance depends on the climate during the whole year. Climate change generally affects agriculture through changes in temperature, precipitation.
We discuss the important determinants requires to develop green patents, which eventually reinforce green growth. The theoretical framework examined four elements, the enforcement of intellectual property rights (IPRs), research and development (R&D) expenditures, market size and environmental taxations. We empirically test the green patent data to test the interrelationship of green patents representing the green innovations and IPR, R&D expenditures, market size and environmental taxations. Keeping in view the availability of the data we studied 11 developed countries, which are Austria, Australia, Canada, France, Japan, Finland, Germany, Sweden, U.K and U.S. The panel data can better handled the technological change rather than the pure cross section or pure time series data. Therefore, this study used the Pooled Least Square estimation techniques like Fixed Effect Model (FEM) and random effect model (REM) for both balance period of 1995–2010 and unbalanced period from 1995–2010. We only interpreted the balance period results depicting the enforcement of IPRs has negative and significant impact on green patents while the R&D expenditures, market size and environmental taxations has positive and significant impact on the green patents e.g. development of green innovations. We believe that the enforcement of explanatory variables will eventually acquire green growth.
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