The Impact of Local Agriculture Investment in Economic Growth in the Egyptian Agricultural Sector

Document Type : Original Article

Authors

Agricultural Economics Research Institute, Agricultural Research Center, Egypt

Abstract

The national product is the main indicator that can be used in measuring growth and development . In spite of the importance of the Egyptian agricultural sector in achieving economic growth. The contribution of agricultural investment about 5.38 % of the total national investments which represents this percentage about 6.68% of the agricultural GDP during the period (2000/2001-2021/2022). The study showed that private agricultural investment efficiency efficiency during the study period, and by studying the impact of agricultural investment on economic growth, it was found data instability of agricultural domestic product and public and private agricultural investment, and the first differences were taken, it was shown that  there was causal relationship in one direction between public agricultural investment and agricultural domestic product, as well as the quality of vegetation using the VAR model, and it was found that the best slower period for making investment decisions for development projects is two lags period. According to VAR model expected AGDP,agricultural investment Public increased to 753, 48 billion pound in 2025.

Main Subjects

Alexandria Science Exchange Journal
Volume 44, Issue 1
JANUARY- MARCH
March 2023
Pages 179-192

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