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Assessment of the interactions of Agriculture with other sectors in Azerbaijan

Turaj Musayev Mehraj

turac.musayev@yahoo.com

8279 ­ ­ EN ­ ­ 44. December 2023 ­ ­­ ­ agriculture gross product intersectoral relations input-output table linkages input-output analysis

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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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Vugar. Mehdiyev

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

  Ph.D., docent  

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Ramiz. Isgandarov

Department of "Economics and Statistics" of Azerbaijan Technical University

  prof, dr  

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Elchin. Salahov

Azerbaijan State Agricultural University

  Doctor of Philosophy in Economics  

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Rena. Musayeva

Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Andriy. Popovych

Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej, Warszawa, Polska / Agricultural and Food Economics State Research Institute, Warsaw, Poland

  Ph.D.  

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University