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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

23517 ­ ­ 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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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Khayyam. Javadzadeh

Azerbaijan State University of Economics, UNEC

  Ph.D., docent  

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Ceyran. Babirova

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

   

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Hagar. Namazova

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

   

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Akif. Aghbabali

Baku State University

   

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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Elchin. Khalilov

Research Institute of Plant Protection and Technical Plants

   

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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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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Firdovsi. Fikratzade

Doctoral student at the Institute for Scientific Research on Economic Reforms

  Doctor of Philosophy in Economics