The Impact of Agricultural and Industrial Output on Public Revenues in Libya (a1908-2020)
Abstract
The study aimed to measure the impact of both (agricultural and industrial output) on public revenues in the Libyan economy during the period 1980-2020. The study tested the extrapolation of the time series of the study variables, Modern methods were used in time series analysis, namely the unconstrained error correction model for (Autoregressive with Distribution lag Bounds Test) ARDL. One of the most important finding of the study is that pubic revenues are negatively affected by industrial output, which is a statistically significant effect. The study recommended diversifying sources of income and supporting the agricultural and industrial sectors in the Libyan economy.