Econometric assessment of economic and climatic factors affecting agricultural value added
Turaj Musayev Mehraj |
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Agricultural Economics Research Center, leading specialist | |
turac.musayev@yahoo.com |
Agriculture plays an important role in the country's economy in terms of food security, economic growth and foreign trade. Many factors contribute to the increase in value added in agriculture. In the article, the effect of the trade openness index, fertilizer, average annual precipitation, average annual temperature, and the employed population working in the agricultural sector on the real agricultural added value per capita was evaluated using the ARDL method.
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Fuad. Ibrahimov
Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union
Doctor of Philosophy in Economics
Namig. Shalbuzov
Deputy Director of the Agricultural Economics Research Center
Doctor of Philosophy in Economics
Rena. Musayeva
Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)