DOMESTIC INVESTMENT IN THE AGRICULTURAL SECTOR AND ECONOMIC GROWTH IN TUNISIA
Journal Title: International Journal of Food and Agricultural Economics - Year 2019, Vol 7, Issue 2
Abstract
Our aim in this paper is to investigate the nexus between agricultural investment and economic growth in Tunisia. We compiled annual data for the period from 1965 to 2016 and we adopted an empirical methodology based on the cointegration analysis and on Vector Error Correction Models. In the long run, our results show a positive unidirectional causality from agricultural investment to economic growth and a negative one from other investments to economic growth. In the short run, Granger tests identify only a bidirectional causality between other investments and economic growth. These results confirm that investment in agriculture is conductive for economic growth in Tunisia and justifies the adoption of sound policies to encourage this sector.
Authors and Affiliations
Samir Abdelhafidh, Sayef Bakari
Keywords
Related Articles
- EP ID EP573934
- DOI -
- Views 142
- Downloads 0
THE IMPACT OF EDUCATION ON AGRICULTURAL PRODUCTIVITY: EVIDENCE FROM EAST ASIAN ECONOMIES
This study presents an efficient version of test for the hypothesis that education plays a key role in influencing agricultural productivity based on a switching regression model. In the present setting, farmers’ ability...
A DETERMINATION OF FACTORS INFLUENCING SUGAR TRADE
A variety of factors influence U.S. sugar imports. Although the U.S. tariff-rate import quota restricts trade, other factors also influence sugar trade. In order to determine the impact of the U.S. tariff rate quota and...
EFFECTS OF CLIMATIC AND ECONOMIC FACTORS ON CORN AND SOYBEAN YIELDS IN ONTARIO: A COUNTY LEVEL ANALYSIS
Climate change is the most challenging issue of our time. While climate change is often portrayed as a global phenomenon, the real impacts of climate change are felt at the local level. Changes in climatic conditions dir...
COMPETITIVENESS IN MANGO TRADE: A COMPARATIVE ANALYSIS BETWEEN PAKISTAN ANDOTHER MANGO EXPORTING NATIONS
This paper analyses the Pakistan’s mango export competitiveness against other leading mango producers and exporters. Using the trade data between the years 2010 and 2016, this paper estimates several revealed comparative...
VIRTUAL WATER TRADE AND WATER ENDOWMENTS IN SOUTHERN AFRICA
The virtual water content of a product (a commodity, good or service) relates to the amount of water that is used in its production. Virtual-water ‘trade’ represents the amount of water embedded in products traded. With...