DETERMINANTS OF AGRICULTURAL INVESTMENT IN LIGHT OF CONTEMPORARY LOCAL VARIABLES | ||||
| Arab Universities Journal of Agricultural Sciences | ||||
| Article 4, Volume 27, Issue 3, September 2019, Page 1727-1738 PDF (1.02 MB) | ||||
| Document Type: Original Article | ||||
| DOI: 10.21608/ajs.2019.73974 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
Gomaa Aly Abdel-Aziz 1; S. M. Makled2; Eman F. Kadoss2
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| 1Dept. of Economics | ||||
| 2Agric. Economics Dept., Fac. of Agric., Ain Shams Univ., P.O. Box 68, Hadayek Shobra11241, Cairo, Egypt | ||||
| Abstract | ||||
| Investment is one of the most important tools of the economic and social development plans in order to achieve its objectives. The success of development policies depends on several factors, including the volume of investments and the efficiency of their distribution in different fields. This requires that the investment plans and programs set in line with the state's ability to use these investments effectively. Agricultural investment is one of the basic means for the success of agricultural development as it is the main basis for increasing production as well as increasing income and creating more job opportunities and investment is a variable variable has an effective role in finding solutions to the problems of the economy sucking As well as absorbing a measure of manpower that is not working, thus contributing to reducing the problem of unemployment, and increasing the government agricultural investment, which opens the way for private investments in the form of productive projects that contribute to increase production and thus increase exports and reduce imports, thus improving the agricultural balance and increasing national and individual income. Which is reflected in the increase in savings, which in turn lead to the creation of new investments. It can be said that the strategy of agricultural development in Egypt aims to encourage and increase rates of investment growth, whether public investment owned by the state or private investment contributes to increase production And of improving the investment required for the projects of infrastructure and this leads to increased investment activities by adding new projects within the economic structure. The strategy of agricultural development in Egypt aims to encourage and increase the rates of investment growth whether it is a public investment owned by the state or other sectors that contribute to the productivity of the private sector and the infrastructure necessary for the production projects. This leads to increase the investment activities by adding new productive projects that diversify the production base Within the economic structure, despite the successive economic changes experienced by the Egyptian economy, there is still a slowdown in the advancement of government agricultural investments with a clear and significant decline in investments directed to Compared to agricultural sectors obeyed other than the impact is clearly on the performance of the agricultural sector and thus lower rates of agricultural development in Egypt. From the above, the total agricultural investment equation shows that this investment increased by 0.21%, 0.54%, 0.52% for each 1% increase in both agricultural and agricultural exports in the previous year and agricultural income in the previous year, respectively, while decreasing Total agricultural investment by about 0.91% and 0.23% for each increase in agricultural balance deficit and exchange rate by 1%. In other words, the most important variables affecting agricultural investment in a given year were the agricultural GDP of the previous year, the value of agricultural income, and agricultural exports. The statistical significance of this relationship was found at 0.05, and the significance of the model as a whole was found to be around 79% of the changes in the investment to the aforementioned factors. | ||||
| Keywords | ||||
| National investment; Agricultural investment; Agricultural development | ||||
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