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Performance Analysis of Inclusive Growth in Egypt تحليل أداء النمو الاحتوائي في مصر

Article

Last updated: 28 Dec 2024

Subjects

-

Tags

Agricultural economics

Abstract

The study aimed to study and analyze the parameters, indicators and determinants of sectoral and regional inclusive growth in Egypt during the period 2007-2021. The standard and standard statistical indicators were used in addition to using multiple regression models to estimate the most important determinants of inclusive growth in Egypt during the study period. Results of the study during the period 2007-2021: - Annual growth rate of national output, value added by factors of production, national investments, domestic savings and capital formation was about 16%, 16.1%, 12.6%, 12.1% and 14.5% respectively at 1% statistical significance level, The statistical significance of the annual growth rate of net foreign investments has not been proven at different significance levels. - The average unemployment rate was 10.4% for total, 5.6% for males and 4.8% for females, the average poverty rate was 26.3%, The average number of small enterprises was 16.8 thousand, the average amount spent on small-enterprises was about Pound1818.5 million, the average number of small-enterprises was about 167.5 thousand, the average amount spent on micro-enterprises was about Pound1,487 million and total loans averaged about Pound 854.5 billion. - Average government expenditure, average education sector expenditure, average health sector expenditure and average agricultural sector expenditure was about 819.5, 89.5, 39.7 and 125.5 billion pounds respectively. the Government has endeavored to provide support, grants and social benefits, averaging Pound198.5 billion, while external grants averaged an average of TC grants and net development assistance of approximately $1056.7 million, 186,2305.2 million, respectively, during the study period. - The main indicators and benchmarks of inclusive growth in the agriculture sector: average value added and average investments in the sector were about 326.1 In the industry, the average value added and average investments in the sector were about 992.5 billion, 176.4 billion, respectively, while in the industry, the average value added and average investments in the sector were about 7.4 million, while in the services sector, the average value added and the average investments in the sector were about 1470.6, Pound217.7 billion, respectively, while sector workers averaged about 14.1 million during the study period. - The results of the statistical analysis of Egypt's most important determinants of inclusive growth using the multiple regression method, 1% increase in unemployment has been shown to increase the number of poor by 0.27%, and a 1% increase in the exchange rate increases the number of poor by 0.45%. The study recommends the need for a package of economic and financial adjustments and affirmative action to reflect the return of economic growth on equitable income distribution, low unemployment rates and equity to reduce the number of poor to achieve the quality of life and the economic and social well-being of Egyptian society.

DOI

10.21608/jalexu.2024.311461.1214

Keywords

Inclusive Growth, poverty, Unemployment

Authors

First Name

Reham

Last Name

Ahmed

MiddleName

Galal

Affiliation

Department of Agricultural Economics – Faculty of Agriculture – Alexandria University, Egypt.

Email

reham-galal@alexu.edu.eg

City

-

Orcid

-

First Name

Sameh

Last Name

Shehab

MiddleName

Mohamed Hassan

Affiliation

Department of Agricultural Economics – Faculty of Agriculture – Alexandria University, Egypt.

Email

-

City

-

Orcid

-

Volume

29

Article Issue

3

Related Issue

49778

Issue Date

2024-09-01

Receive Date

2024-07-25

Publish Date

2024-09-01

Page Start

428

Page End

445

Print ISSN

1110-5585

Online ISSN

2785-9525

Link

https://jalexu.journals.ekb.eg/article_376423.html

Detail API

https://jalexu.journals.ekb.eg/service?article_code=376423

Order

7

Type

Research papers

Type Code

1,789

Publication Type

Journal

Publication Title

Journal of the Advances in Agricultural Researches

Publication Link

https://jalexu.journals.ekb.eg/

MainTitle

Performance Analysis of Inclusive Growth in Egypt تحليل أداء النمو الاحتوائي في مصر

Details

Type

Article

Created At

28 Dec 2024