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Role of communication technologies in broadacre agriculture in A ustralia: an empirical analysis using panel data
Author(s) -
Salim Ruhul,
Mamun Shamsul Arifeen Khan,
Hassan Kamrul
Publication year - 2016
Publication title -
australian journal of agricultural and resource economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 1364-985X
DOI - 10.1111/1467-8489.12114
Subject(s) - panel data , agriculture , economics , econometrics , investment (military) , government (linguistics) , agricultural economics , geography , political science , linguistics , philosophy , archaeology , politics , law
This paper examines the role of communication technologies ( CT s) in A ustralian broadacre agricultural production using data over the period of 1990–2013. Allowing for cross‐sectional independence in the data, the pooled mean group and augmented mean group techniques are applied to estimate dynamic relationships among variables. The empirical results demonstrate that CT s affect agricultural output positively in the long run. The estimated elasticity is 0.237. This result suggests that government policies that lift investment in telecommunication facilities are shown to contribute to an increase of output in A ustralia's broadacre agriculture in the long run.