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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

23765 ­ ­ 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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Akif. Aghbabali

Baku State University

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Aygun. Salimova

Student of Azerbaijan State University of Economics (UNEC)

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Elchin. Salahov

Azerbaijan State Agricultural University

  Doctor of Philosophy in Economics  

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Boyukxanum. Abdulkarim

Baku State University

   

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Okiemua. Okoror

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

   

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Huseynaga. Asadov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  Ph.D., ass, pr  

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Samira. Akbarova

Ph.D. student of Azerbaijan Technological University Lecturer at Mingachevir State University

   

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Tahmasib. Huseynov

Azerbaijan State University of Economics (UNEC)

  Doctor of Philosophy in Economics  

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Tarlan. Gorchiyeva

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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Rovshan. Guliyev

Azerbaijan State Economic University (UNEC)

  prof, dr  

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Gulnara. Salimova

Senior Researcher of the Research Institute for Economic Reforms

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University