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Assessment of the interactions of Agriculture with other sectors in Azerbaijan

Turaj Musayev Mehraj

turac.musayev@yahoo.com

10823 ­ ­ 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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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Samir. Maharramov

Doctoral student of Azerbaijan Tourism and Management University

   

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Talib. Huseynov

PhD student of the Agricultural Economics Research Center

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Aygun. Huseynova

Baku State University

   

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Aygul. Salimova

PhD student of the Agricultural Economics Research Center

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Aydin. Asgarov

Institute of Genetic Resources of ANAS

   

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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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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Anar. Bayramov

Ph.D. student of the Agricultural Research Center