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377924

Econometric model for determinants of rice production and consumption in Egypt

Article

Last updated: 01 Jan 2025

Subjects

-

Tags

Agricultural economics

Abstract

The agricultural sector is considered one of the most important sectors in the Egyptian economy due to its great importance in meeting the needs of citizens for food and clothing. The relative importance of this sector has been observed to decline in recent years. Rice is also one of the important strategic crops that the Egyptian people need in their food due to its high food value, as well as rice is considered one of the important export crops in Egypt, which contributes to providing the foreign currency needed to meet the requirements of the development process and improve the trade balance. The average consumption of rice during the period (2005-2022) amounted to about 5367.5 thousand tons, because large water needs, which conflict with the available water quantities for irrigation, it is noted that production increases by about 1.02%, 1.65%, 0.65%, 0.45% for each 1% increase in the average per capita share of the cultivated area and the farm price in the previous year, the net return in pounds in the previous year for rice in pounds per ton, and the average per capita share of exports for each of them, respectively. The research recommends studying all export prices in rice-exporting countries and dealing with them in the case of Egypt importing rice, taking into account, of course, the consumer preferences of the Egyptian consumer, as some types may be preferred over others.
 

DOI

10.21608/asejaiqjsae.2024.377924

Keywords

Simultaneous equations model, price, Forecasting

Authors

First Name

Soher

Last Name

Salh Abd Elrazek

MiddleName

-

Affiliation

Master's student; Department of Agricultural Economics - Faculty of Agriculture - Ain Shams University.

Email

soheerelgendy806@gmail.com

City

-

Orcid

-

First Name

Abdallah

Last Name

Mahmoud Abdelmaqsoud

MiddleName

-

Affiliation

Professor Department of Agricultural Economics - Faculty of Agriculture - Ain Shams University.

Email

-

City

-

Orcid

-

First Name

Asmaa

Last Name

Abd El Fattah Ali Ali

MiddleName

-

Affiliation

Lecturer Department of Agricultural Economics - Faculty of Agriculture - Ain Shams University

Email

-

City

-

Orcid

-

Volume

45

Article Issue

3

Related Issue

49063

Issue Date

2024-09-01

Receive Date

2024-08-05

Publish Date

2024-09-30

Page Start

431

Page End

437

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_377924.html

Detail API

https://asejaiqjsae.journals.ekb.eg/service?article_code=377924

Order

8

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

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

MainTitle

Econometric model for determinants of rice production and consumption in Egypt

Details

Type

Article

Created At

23 Dec 2024