The Nexus for Progress of Rice Market GDP in India, China, Indonesia, Vietnam and Bangladesh

Abstract: This research explores that how rice weather it is consumption or production has a greater impact on the growth of the Gross Domestic Product (GDP) over the 1990-2019 sample period in China, Bangladesh, India, Indonesia and Vietnam. Empirical findings suggest rice yielding has a greater impact on GDP growth than rice consumption. The root test unit of Philips-Perron shows GDP development of the sample countries is stationary in number of cases related to rice production, whereas Indian and Indonesian demonstration of rice production are only stationary at the same level. and first alteration, others demonstration inactive at initial change. In both level and first difference, only Vietnam and India exhibit stationary for rice production, although others appear stationary in initial change. After evaluating Granger Causality and decomposing variance, the results show that China's bidirectional Granger causes relations, and that Vietnam reveals that preemptive Granger causes connections. Yet all variables are clarified by one another, excluding the association between rice feeding and rice creation.