No abstract

Poverty is an issue of concern in developing countries as it remains the most elusive social evil to derail the economic progress of the country and social status of population. India remains fastest growing economy in the world, however efforts have to be made to improve the standard of living and social wellbeing of people. Agriculture as primary sector benefits the poor sections of the population by providing employment opportunities and play a key role in reducing poverty. The present study was conducted to assess the impact of agriculture growth on poverty reduction by using secondary data and sixteen states of India were purposively selected. An attempt was made to analyse the relationship between poverty, Agriculture Gross Domestic Product (GDP) per worker and Non-Agriculture Gross Domestic Product (GDP) per worker using pooled regression analysis. The findings of the study shows that, as every one per cent increase in Agriculture GDP per worker found to have reduced poverty by 0.11 per cent as against 0.04 per cent in Non-Agriculture GDP per worker. This shows that increase in Agriculture GDP per worker causes higher poverty reduction as compared to Non- Agriculture GDP per worker. This is true in case of agrarian economy like India as majority of population are dependent on agriculture for their sustenance. However, it suggested that the balanced mutual growth between various sectors of the economy will help to alleviate poverty in the country.

The present study is an attempt to analyse growth, instability and direction of trade of wool exports from Australia. Compound Annual Growth Rate, Cuddy-Della Valle Index and Markov chain analysis are the tools used for analysing data from 2008 to 2017. The growth rate of export in terms of quantity is negative and very low (-0.59% per annum) and the growth rate of exports in terms of value is positive (3.99% per annum). The instability index is low (2.78%) for exports in quantity terms and is medium (18.10%) for exports in value terms. China is the most stable market for export of wool from Australia with retention probability of 80.08%. The other reliable importers are Republic of Korea and Czech Republic. The study suggested the need to diversify Australian wool market.

The present study was carried out to assess the growth rate in agricultural exports and imports of Asia Pacific region. Data for a period of 27 years i.e., from 1992 to 2018 is considered for analysis. The agricultural exports from Asia Pacific region and the world showed positive and significant annual growth rate of 7.90 per cent and 7.09 per cent, respectively. And also, there is increasing trend in import of agricultural commodities to Asia Pacific region (7.29%) and world (6.94%). In case of Asia Pacific agricultural exports as well as imports, the share of Animal and Fibre products decreased whereas share of Vegetable and Food products increased gradually over the study period. The growth rate of Vegetable products is 9.33 and 9.29% in case of exports and imports, respectively. The growth rate of both agricultural exports and imports is increasing for entire Asia Pacific region due to increasing share of Vegetable products. To maintain the increasing trend there is a need to focus on liberalizing logistics, facilitating adoption of modern information and communication technologies promoting competition among service providers and improving access to credit and trade finance.

The study aims to evaluate the patterns and competitiveness of Indonesian agricultural exports. The research period covered for this report is from 2000 to 2018. The study is focused on the compound growth rate and the revealed comparative advantage. In terms of quantity, the compound growth rate for agricultural commodities exports from Indonesia is 8.78 percent, and in terms of volume, it is 12.33 percent. According to the report, there is a need to expand the export market by meeting the requirements set by import countries. Seven agricultural commodities groups showed revealed comparative advantage throughout the study period, five showed revealed comparative advantage by the end of the study period, and seventeen showed revealed comparative disadvantage throughout the study period. The study proposed a need to promote the export of agricultural commodities having revealed comparative advantage during the entire or at the end of the period of study.