The Impact of Investment on the Growth of Egypt’s Agricultural Sector

Soliman, Doaa

doi:10.21608/ejar.2017.147088

Cited by 3 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Agricultural investment reflects the importance of the role of the agricultural sector in economic development, especially in developing countries, particularly in the early stages. Adequate size, reduce high rents and improve land surveying [8]. The progress of countries is measured based on the size of their investments or assets, which are among the most important financial factors for raising national income and the standard of living.…”

Section: Importance Of Agricultural Investmentmentioning

confidence: 99%

Estimation and Analysis of the Agricultural Investment Model in Iraq (1990-2020) using the Autoregressive Distributed Lag Methodology

Abdulah,

Latif

2023

KUJAS

View full text Add to dashboard Cite

In this research, the effects of some financial and economic determinants of agricultural investment in Iraq during the period (1990-2020) were analyzed using the autoregressive distributed lag (ARDL) methodology. In this context, agricultural loans, inflation rate, budget deficit, exchange rate, and financial allocations to support agricultural projects were chosen as determinants of agricultural investment. The problem of the research is that the Iraqi agricultural sector possesses many components and capabilities that encourage investment, but it suffers from low investments directed to it. This is not commensurate with the importance of this sector, which negatively affects the rates of agricultural development and the decline in the agricultural sector’s ability to increase the rates of self-sufficiency in agricultural products. The research aimed to know the economic determinants and the extent of their impact on investment in the Iraqi agricultural sector. An inferential analytical approach was used based on estimating the autoregressive distributed lag model and demonstrating its suitability to the research data by testing statistical hypotheses related to the model. The data were analyzed and econometric models were estimated using econometrics and time series analysis software Eivews-12. The results of estimating the long-run relationship showed that all determinants have significant effects on agricultural investment except the inflation rate, the most influential of these determinants is the exchange rate, which negatively affects agricultural investment as the dollar exchange rate increases by one dinar, this leads to a decline in agricultural investment by (1.444854) million dinars. Then agricultural loans with a positive impact where an increase in the agricultural loans by one million dinars is offset by an increase in agricultural investment by (53,057) dinars. Followed by financial allocations for agricultural projects with a positive impact, where every increase in investment allocations by one million dinars will lead to an increase in agricultural investment by (422) dinars. And finally, the public budget deficit with a negative impact on agricultural investment, where every increase in the budget deficit by one million dinars will be offset by a decline in agricultural investment by (50) dinars. The joint integration test showed a long-run equilibrium relationship between economic and financial determinants and agricultural investment. The research recommends the need for the state to implement a package of policies and procedures to activate the role of variables affecting agricultural investment, which contribute to attracting local and foreign investments, most notably maintaining a stable exchange rate for the local currency and increasing the volume of agricultural loans provided.

show abstract

Section: Importance Of Agricultural Investmentmentioning

confidence: 99%

Estimation and Analysis of the Agricultural Investment Model in Iraq (1990-2020) using the Autoregressive Distributed Lag Methodology

Abdulah,

Latif

2023

KUJAS

View full text Add to dashboard Cite

show abstract

“…Para mediados de la década, los subsidios a los alimentos implicaron más de un 20% de los gastos de gobierno, como parte de un sistema de protección social más amplio que abarcaban subsidios al transporte, a la vivienda y la energía. En este marco, y como parte de una serie de compromisos con el FMI, en 1977 Sadat inició un proceso de reforma amplio que despertó protestas de entre 2.000 y 4.000 personas en El Cairo y marchas de más de 20.000 personas en Alejandría (Sachs, 2012: 31), donde los empleados públicos y los universitarios que aspiraban a ingresar al mismo sistema de subsidios habían jugado un papel clave en las protestas (Soliman et al,, 2010): un segmento de 2 millones de personas con salarios fijos y dos empleos.…”

Section: Tablaunclassified

Untitled

2023

REVSAAP

View full text Add to dashboard Cite

show abstract

“…Given the current economic and political climate, agricultural investment is crucial to Egypt's national economy. For the achievement of targeted agricultural development in Egypt, the gross and agricultural domestic products, agricultural income, the share of the agricultural sector in the gross domestic product, the annual growth rate of the agricultural sector and the per capita share of the gross agricultural product are all significantly impacted by agricultural investment (Hassan et al 2016). This primarily entails taking into account the prospective effects on employment, both direct and indirect, as well as the corresponding socioeconomic concerns and potential adverse effects on livelihoods.…”

Section: Introductionmentioning

confidence: 99%

Contributions of Investment and Employment to the Agricultural GDP Growth in Egypt: An ARDL Approach

Abdelgawwad

Kamal

2023

Economies

View full text Add to dashboard Cite

This paper explores the impact of investment and employment on Egypt’s agricultural growth during the period 1991 to 2021 using annual time series data. We use the ARDL approach to examine the long-run and short-run relationships among agricultural investment, agricultural employment and agricultural GDP. The results reveal that the variables of interest are bound together in the long run. The long-run relationship and the error correction model are estimated. The accompanying equilibrium correction proves that long-run linkages exist in a meaningful way. Results show that agricultural investment and agricultural employment are major short- and long-run determinants of the agricultural GDP. In the long run, every 1% increase in agricultural employment (AEMP) results in an increase in the agricultural GDP (AGDP) of 3.73%, while every 1% increase in agricultural investment (AINV) improves the AGDP by 0.43%. In the short run, 26% of all disequilibrium-causing motions are adjusted for in a single session. Therefore, it takes 3.85 years for the Egyptian agricultural GDP to achieve the transition from a short-term disequilibrium situation to a long-term equilibrium. Thus, decision makers should increase the rates of investment in the agricultural sector, in parallel to the development of the agricultural labor force in Egypt. Moreover, the increased allocation of public investments and the injection of private investments are highly recommended. In addition, the Egyptian agricultural sector needs improvements regarding human capital development and agricultural training. Finally, the government must initiate comprehensive farmer support services, bolstered farm/non-farm links and the promotion of rural SMEs to serve as the foundation for agricultural and rural development.

show abstract

The Impact of Investment on the Growth of Egypt’s Agricultural Sector

Cited by 3 publications

References 0 publications

Estimation and Analysis of the Agricultural Investment Model in Iraq (1990-2020) using the Autoregressive Distributed Lag Methodology

Estimation and Analysis of the Agricultural Investment Model in Iraq (1990-2020) using the Autoregressive Distributed Lag Methodology

Untitled

Contributions of Investment and Employment to the Agricultural GDP Growth in Egypt: An ARDL Approach

Contact Info

Product

Resources

About