THE IMPACT OF OIL BUSINESS ON COUNTRIES` AGRICULTURE SECTORS: Dutch Disease Effect

Berdiyorov Bekzod Shoymardonovich

Актуар молия ва бухгалтерия ҳисоби · 2024-yil

Annotatsiya

The purpose of this thesis is to inspect Dutch Disease hypothesis by analyzing the impact of oil industry boom on nations` agriculture value added to GDP by using nine real macroeconomic variables. This panel data includes 17 (OPEC and non-OPEC) countries from different continents over the years of 2007-2023. Hausman and Breusch-Pagan Lagrange econometric tests were applied to choose one regression among five different models. Final empirical model is constructed using Random effect estimations. Concluding outcome approves the Dutch Disease hypothesis in the analysis that in order to increase the agriculture value added to GDP by 1%, authorities should devaluate the national currency by 0.66%, ceteris paribus.

Maqola ma’lumotlari
MualliflarBerdiyorov Bekzod Shoymardonovich
JurnalАктуар молия ва бухгалтерия ҳисоби
Nashr sanasi2024-10-31
Jild4
Son09
Betlar387-397
TilIngliz
DOI10.55439/afa/vol4_iss09/598

Kalit so‘zlar

Dutch disease, Random Effect model, agriculture percentage in GDP, real FX rate.

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