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Home 44. December 2023 Assessment of the interactions of Agriculture with other sectors in Azerbaijan

Assessment of the interactions of Agriculture with other sectors in Azerbaijan

Turaj Musayev Mehraj
turac.musayev@yahoo.com

22289 ­ ­ EN ­ ­ 44. December 2023 ­ ­­ ­ agriculture gross product intersectoral relations input-output table linkages input-output analysis

 

UOT: 338.43, 330.44, 303.725.34

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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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Galib. Hajiyev

Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Rashad. Ahmadov

Education Center of Tax Ministry of Azerbaijan Republic

   

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Akif. Aghbabali

Baku State University

   

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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Nijat. Muradov

Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Mushfiq. Tukanov

Ph.D. student of the Agricultural Research Center

   

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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  

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Vuqar. Namazov

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Anar. Malikov

PhD candidate, Azerbaijan Cooperation University

  Phd student  

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr