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Assessment of the interactions of Agriculture with other sectors in Azerbaijan

Turaj Musayev Mehraj

turac.musayev@yahoo.com

11461 ­ ­ EN ­ ­ 44. December 2023 ­ ­­ ­ agriculture gross product intersectoral relations input-output table linkages input-output analysis

In this study, the input-output table was used in order to analyze the interaction of Agriculture with other sectors. Input-output tables show the economic interactions of the sectors in an economy with each other in the supply-demand relationship. The latest available 2016 Input-output table for Azerbaijan was used in this study. Based on this table, an input-output model was developed. Using the Input-Output model, it is estimated the amount of output created by a single investment in Agriculture impacting to Agriculture sector, along with the related sectors, including the total output was calculated. The obtained result shows that one unit increase in the final demand in Agriculture increases the output of all sectors by 1.794 units. The high backward linkage of the Agricultural sector indicates that it will demand inputs from other sectors for production and will stimulate the economy and increase revitalization. The study determined that agriculture is an important sector of the economy of Azerbaijan.

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AUTHORS

 

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University

   

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. Hikmat

Ph.D. in agrarian sciences, docent H.N. Nasibov

   

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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

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Izzat. Talibov

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Maarif. Yusiphov

Vegetable Research Institute

   

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Aykhan. Gadashov

Head of the portal azexport.az Ph.D. student of the Agricultural Research Center

   

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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Yusif. Humbatov

Azerbaijan University of Technology