An Empirical Relationship between Agriculture Investment and Economic Growth in North Macedonia: An ARDL Analysis

Jankulovski, Nikolche and Angelova, Biljana and Boshkoska, Meri (2021) An Empirical Relationship between Agriculture Investment and Economic Growth in North Macedonia: An ARDL Analysis. TEM JOURNAL - Technology, Education, Management, Informatics, 10 (3). pp. 1470-1475. ISSN 2217-8309

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Abstract

The main aim of this paper is to find the
relationship between agriculture investment and the
growth of the gross domestic product in North
Macedonia. We collected the yearly secondary time
series data between the periods 1991 to 2020. We run
the ARDL co-integration test to check the long-run as
well as the short-run relationship between dependent
and independent variables. We found a positive and
significant relationship between agriculture valueadded
and the growth of the GDP in the long run. The
agricultural land has a positive relationship with the
growth of the GDP in the long run but negatively
correlated in the short run. Last, both variables
agricultural methane emissions and inflation are
negatively correlated with the growth of the gross
domestic product in both the long and the short run.

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions:	Faculty of Economics
Depositing User:	Efp Eprints
Date Deposited:	29 Dec 2021 07:35
Last Modified:	29 Dec 2021 07:35
URI:	https://eprints.uklo.edu.mk/id/eprint/6604

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