Work

Economic Analysis of the Impact of Economic Variables on Agricultural Investment in Iraq for the Period 1990-2020

Year: 2025

Type: article

Abstract: This research aimed to study the effect of some economic variables (agricultural output, interest rate, agricultural exports, and imports) in determining the volume of agricultural investment in Iraq during the period (1990-2020) by conducting a dynamic econometric analysis of the data collected from its secondary sources. The Error Correction Model (ECM) was employed, and the statistical analysis was performed using EViews 12 software. The results revealed a positive and significant long-term relationship between the explanatory variables and the dependent variable, agricultural investment. Its equilibrium value in the long term is one unit, and 7% of the divergence from the equilibrium between the long term and the short term can be adjusted during the same period. The agricultural domestic product and agricultural exports for the previous year have a significant positive effect on agricultural investments, whereas agricultural imports have a negative sign. There is no effect of the interest rate on agricultural investments. The results also showed that there were no structural changes in the model variables during the study period.

Source: IRAQI JOURNAL OF AGRICULTURAL SCIENCES

DOI: 10.36103/agyn1320

Authors: A. S. Bashar, R. T. Al-Wasity

Institution: University of Baghdad

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDGs: Zero hunger, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $200