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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

21003 ­ ­ 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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Hagar. Namazova

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

   

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Yegane. Abbasova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Gulnara. Salimova

Senior Researcher of the Research Institute for Economic Reforms

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Faig. Huseynov

Azerbaijan State University of Economics (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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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University

   

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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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