The growth rate of agricultural production in Azerbaijan: features of the dynamics and the role of resource factors
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Hamza Khalilov Agakishi, prof, dr |
| Agricultural Economics Research Center, Advisor to the director | |
| hamza_xelilov@mail.ru |
UOT: 33. 63. 336
AbstractThe article analyzes the growth dynamics of agricultural production and the role of resource factors in its formation in the period after the fundamental agrarian reforms carried out in the conditions of independence of the Republic of Azerbaijan. It is shown that under these conditions, in the regime of successive expansion of financial, material and human resources, as well as sown area involved in the turnover, in the formation of relatively high long-term growth rates, the productivity factor prevailed, and at the same time, the role of extensive expansion was significant. However, in the coming periods this model cannot be used because the extensive expansion of growth sources becomes very limited. In this regard, it is necessary to accelerate the qualitative changes in growth factors in order to ensure medium-term and long-term dynamics of agricultural production in accordance with strategic development goals. The article also discusses the priority areas for implementing these changes.
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Lotanna. Emediegwu
Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK
Emin. Ahmedzadeh
Doctoral student of the Agricultural Research Center
Doctor of Philosophy in Economics
Nijat. Muradov
Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan
Rena. Musayeva
Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)