Economic Study of the Impact of the Value of Egypt's Agricultural Production on Gross Domestic Product (GDP)

Abstract

The gross domestic product expresses the economic value of goods and services during a specific period of time, and the agricultural sector affects the value of the gross domestic product. The problem of the research lies in the low contribution of the value of agricultural output to the value of the gross domestic product. Therefore, the research aims to study the value of agricultural production and find out the extent of its impact on the value of the output. Gross domestic. It was shown from the results that a one-unit increase in the value of the total agricultural production, plant production, animal production, and fish production on a trip basis leads to an increase in the value of the gross domestic product by 6.95, 12.99, 19.32, and 58.59 billion pounds, respectively, as the stability became clear. The relative values of plant production, animal production, fish production, field crops, vegetable crops, and fruit crops, respectively, where the coefficient of variation was estimated at approximately 0.34%, 0.36%, 0.49%, 0.32%, 0.40%, and 0.38%, respectively, during the study period. While it was found that the production values of medicinal and aromatic plants were relatively unstable, the coefficient of variation was estimated at about 0.58%. Studying the development of the total production values of field crops in the three loops shows the relative stability of the production values of winter, summer, and indigo field crops, respectively, as the coefficient of variation reached about 0.33%, 0.32%, and 0.26%, respectively.