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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

20387 ­ ­ 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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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Aygun. Huseynova

Baku State University

   

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Sabina. Valiyeva

Doctoral student of the Agro Researches Center

  Ph.D., docent  

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Ceyran. Babirova

Ph.D. student Azerbaijan State University of Economics (UNEC)

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Aygun. Salimova

Student of Azerbaijan State University of Economics (UNEC)

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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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  

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University