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322719

Economic Analysis of Agricultural Investment in Egypt

Article

Last updated: 23 Dec 2024

Subjects

-

Tags

Agricultural economics

Abstract

This research aims to study the criteria for agricultural investment efficiency in Egypt, in addition to estimating the economic growth function by examining the relationship between GDP and both government and private agricultural investments using standard estimation methods, including time series analysis, unit root tests, co-integration, and causal relationship analysis. The research results indicate that all unit root tests for the variables in the standard model suffer from instability at their levels and first differences, while they all stabilize at the second differences. The results also reveal a balanced relationship between these variables, indicating that they do not deviate from each other, showing a similar behavior. From the co-integration equation, it is evident that it has a long-term impact on Agricultural Domestic Product (ADP). Moreover, the impact of government agricultural investment is greater than that of private agricultural investment on Agricultural Domestic Product. The coefficient of government agricultural investment was approximately 0.22, while the coefficient of private agricultural investment was around 0.18. The results also show that the impact of both government and private agricultural investments on Agricultural Domestic Product is weak and insufficient to achieve the desired economic growth. This suggests the need for additional measures or increased investment in the agricultural sector by both the government and the private sector to promote agricultural growth and achieve sustainable economic development.

DOI

10.21608/asejaiqjsae.2023.322719

Keywords

Government Investment, Agricultural investment, Private investment, Capital Intensification Factor

Authors

First Name

Nora

Last Name

Mahmoud Rabie

MiddleName

-

Affiliation

مدرس بقسم الاقتصاد الزراعي- كلية الزراعة- جامعة الزقازيق

Email

-

City

-

Orcid

-

First Name

Eman

Last Name

Elkhyat

MiddleName

R

Affiliation

faculty of agriculture, Benha university

Email

dremanelkhyat@yahoo.com

City

-

Orcid

-

First Name

Asmaa

Last Name

Bahloul

MiddleName

-

Affiliation

faculty of agriculture Benha university

Email

asmaa.bahlol@fagr.bu.edu.eg

City

-

Orcid

-

Volume

44

Article Issue

4

Related Issue

43630

Issue Date

2023-12-01

Receive Date

2023-09-15

Publish Date

2023-12-30

Page Start

1,015

Page End

1,032

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_322719.html

Detail API

https://asejaiqjsae.journals.ekb.eg/service?article_code=322719

Order

37

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

MainTitle

Economic Analysis of Agricultural Investment in Egypt

Details

Type

Article

Created At

23 Dec 2024