426465

Economic Analysis of the Most Important Factors Affecting Egypt's Agricultural GDP

Article

Last updated: 11 May 2025

Subjects

-

Tags

Agricultural economics

Abstract

Egypt's agricultural GDP reflects the success of the country's agricultural policy in terms of the economy's ability to produce various agricultural goods and services.
The research aims to identify the most important economic variables affecting the Egyptian agricultural GDP by developing an appropriate standard model.
The results showed that increasing agricultural investments, agricultural labor, crop area, and the value of agricultural exports by 1% led to an increase in agricultural GDP by 0.11%, 8.72%, 9.82%, and 0.24%, respectively.
A 1% increase in agricultural GDP, the US dollar exchange rate against the Egyptian pound, interest rates, agricultural loans, and the value of agricultural exports led to an increase in agricultural investments by 0.96%, 0.34%, 3.38%, 0.75%, and 0.32%, respectively.
A 1% increase in agricultural investments, inflation rate, population, and average annual wage of agricultural workers led to an increase in agricultural employment by 0.002%, 0.01%, 0.11%, and 0.04%, respectively.
The results also showed an expected increase in agricultural GDP, agricultural investments, and agricultural labor to approximately 1,456.68 billion Egyptian pounds, 44.55 billion Egyptian pounds, and 7.35 million workers in 2030.
In light of the research results, the study recommends the need to increase agricultural investments, which will provide the resources needed to increase production, and to work on increasing the interest rate, which will provide more funds for government agricultural investment, and to work on using hybrid models in forecasting, given the accuracy of this method in forecasting.

DOI

10.21608/asejaiqjsae.2025.426465

Keywords

Egyptian agricultural GDP, three-stage the least squares (3LSL), hybrid forecasting method, Artificial Neural network (ANN), ARIMA Model

Authors

First Name

Ahmed Mahmoud

Last Name

Mohamed

MiddleName

Abd El-Aziz

Affiliation

Agricultural Economics Research Institute - Agricultural Research Center - Giza - Egypt

Email

dr.ahmed.mahmoud4@gmail.com

City

أسيوط

Orcid

-

Volume

46

Article Issue

2

Related Issue

55036

Issue Date

2025-06-01

Receive Date

2025-03-20

Publish Date

2025-06-30

Page Start

263

Page End

278

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_426465.html

Detail API

http://journals.ekb.eg?_action=service&article_code=426465

Order

12

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 the Most Important Factors Affecting Egypt's Agricultural GDP

Details

Type

Article

Created At

11 May 2025