TY - JOUR AU - Javid Ahmad Shawl AU - Fayaz Ahmad Wani AU - Bilal Ahmad Sheikh PY - 2017/09/30 Y2 - 2024/03/29 TI - An Empirical Analysis of Economic Growth and Inflation of Primary Sector Output of Jammu and Kashmir Economy JF - Shanlax International Journal of Economics JA - economics VL - 5 IS - 4 SE - Article DO - UR - https://www.shanlaxjournals.in/journals/index.php/economics/article/view/737 AB - In the present paper we have attempted to study the association between economic growth and inflation rate of primary sector of Jammu & Kashmir Economy for a reference period of 1980-2011. GDP deflator has been used to calculate the inflation rate in primary sector as well as for an economy as a whole. The OLS regression model has been used to analyse the association between economic growth and inflation rate of primary sector of state Economy. The results of the growth regression model proved that there is a weak association between the two variables which gave birth to an important policy option that inflation of the primary sector output should be checked and only a mild inflation should be allowed in the sector which will prove to be an incentive to the farmers of the stateeconomy. ER -