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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Savalan. Seyfaddinov
Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan
Ph.D. in Agrarian Sciences
Bagish. Ahmadov
Deputy Director of the Agricultural Economics Research Center
Doctor of Philosophy in Economics
Yunus. Sadigov
Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher
Ph.D., docent
Rena. Musayeva
Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)