COMPARING THE PERFORMANCE OF PUBLIC AND PRIVATE SECTOR AGRICULTURAL INSTITUTIONS IN THE ALGERIAN ECONOMY DURING THE PERIOD 1974-2021

Abstract

Objective: The objective of this study is to investigate to assess and measure economic performance in the field of agriculture, through both the public and private sectors, and to determine the agricultural sector’s contribution to the Algerian economy, Theoretical Framework: The importance of the agricultural sector in achieving food security and economic diversification by encouraging growth in renewable resource sectors such as agriculture. Method: The methodology adopted for this research comprises Conducting a statistical analysis of a set of economic variables related to the agricultural sector to understand the importance of this sector and its performance during the period from 1974 to 2021. Results and Discussion: - There are significant differences in favor of the private sector in all study variables, indicating a shift from public sector dominance to private sector dominance. - The public sector dominated from independence until 1990, after which the private sector emerged and participated alongside the public sector in all economic activities in Algeria. Research Implications: The agricultural sector in Algeria helps to diversify the economy and gradually reduce dependence on the unstable hydrocarbon sector by relying on sectors with renewable resources. Originality/Value: This study contributes to the literature by Understanding the importance of the agricultural sector through its provision of food security, its contribution to the Algerian economy, and its role in reducing the import bill. All of this contributes to minimizing economic fluctuations that may affect Algeria, which is a goal pursued through economic diversification by encouraging both the public and private sectors in agriculture.