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311916

An analytical economic study of the effect of inflation on the production costs of some agricultural crops in the Arab Republic of Egypt

Article

Last updated: 05 Jan 2025

Subjects

-

Tags

Agricultural Economics and Management Sciences

Abstract

The phenomenon of inflation is a problem inherent to the economies of different countries of the world, both developed and developing, and it is characterized by its rapid spread from one country to another, its strong growth from time to time, and the difficulty of controlling it. Demand for goods and services without being matched by an increase in real gross domestic product and thus an increase in prices. It also arises as a result of an increase in the costs of domestic and imported production factors, or as a result of an imbalance in some structural factors of the economic structure. The research aims to study the current situation of inflation in the agricultural sector, as well as to study its impact on the production costs of the most important field crops in Egypt, where the inflation rate reached the maximum amount of the total amount in 2020 at a rate of 42.5%, while it reached the minimum rate in 2009 at a rate of 8.% and an average of 22.5%. 20% during the period (2009-2020) and it was found that if the inflation rate of the total amount of agricultural production increased by 10%, this would lead to an increase in the value of land preparation, seeds and cultivation, fertilization, agricultural service, pest control, harvesting, crop transportation, public expenses , rent, costs without rent, rent costs for the wheat crop by 3.2%, 3.6%, 2.6%, 2.8%, 3%, 2.8%, 4.5%, 3.1%, 2.2%, 3.5%, and 3%, respectively. It was found that when the inflation rate of the total amount of agricultural production increased by 10%, this leads to an increase in the cost of preparing the land, seeds and cultivation, agricultural service, pest control, harvesting, crop transportation, general expenses, rent, costs without rent, irrigation, costs rent for maize crop by 2.9%, 2.9%, 3.4%, 3%, 5.7%, 3.9%, 2.7%, 2.7%, 2.1%, 2, 7% and 2.8%, respectively  

DOI

10.21608/fjard.2023.311916

Keywords

Inflation, Production cost, crops

Authors

First Name

Sayed S.

Last Name

Salah

MiddleName

-

Affiliation

Agric.EconomicDept.,Fac.Agric., FayoumUniv

Email

-

City

-

Orcid

-

First Name

Mohamed

Last Name

Ahmed

MiddleName

-

Affiliation

Agric.EconomicDept.,Fac.Agric., FayoumUniv

Email

-

City

-

Orcid

-

First Name

Sherouk R.

Last Name

Abdalaziz

MiddleName

-

Affiliation

Agric.EconomicDept.,Fac.Agric., FayoumUniv

Email

-

City

-

Orcid

-

Volume

37

Article Issue

3

Related Issue

42537

Issue Date

2023-07-01

Receive Date

2023-08-09

Publish Date

2023-07-01

Page Start

555

Page End

568

Print ISSN

1110-7790

Online ISSN

2805-2528

Link

https://fjard.journals.ekb.eg/article_311916.html

Detail API

https://fjard.journals.ekb.eg/service?article_code=311916

Order

311,916

Type

Research articles.

Type Code

1,920

Publication Type

Journal

Publication Title

Fayoum Journal of Agricultural Research and Development

Publication Link

https://fjard.journals.ekb.eg/

MainTitle

An analytical economic study of the effect of inflation on the production costs of some agricultural crops in the Arab Republic of Egypt

Details

Type

Article

Created At

28 Dec 2024