The Impact of Agricultural and Industrial Output on Public Revenues in Libya (a1908-2020)
DOI:
https://doi.org/10.58916/jhas.v10i1.641Keywords:
Agricultural output, Industrial output, Public revenues, Economic growth, The Libyan economyAbstract
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.
Downloads
References
Amal Al-Maqtouf, 2016, "The role of manufacturing industry in economic growth in Libya during the period (1990-2015)", Faculty of Economics - University of Benghazi, Libya,.
- Iman Salem, 2024, "The role of industrial clusters in achieving economic development with application to the Suez Canal region", Journal of Development and Economic Policies, Volume Twenty-Six - Issue One, Egypt,.
- Jaafar Al-Hussaini, 2024, "Analysis of the impact of public spending on the gross domestic product - a case study of Iraq for the period (1980-2021)", Iraqi Journal of Economic Sciences - Volume Twenty-Two, Issue Eighty, Iraq,.
- Hassan Abu Al-Qasim, 2010, "The impact of agricultural investment spending on agricultural GDP in Libya during the period (1970-2005)", Department of Agricultural Economics - Faculty of Agriculture - University of Tripoli, Libya,.
- Khaled Al-Sawai, 2018, "Autoregressive Lag Methodology ARDL Using "Eviews, a series of lectures via social media platforms" the Internet.
- Khaled Ramadan, 2015, "An Econometric Analysis of the Causal Relationship between Agricultural Production and Agricultural Loans in Libya for the Period (1970-2010)" Libyan Journal of Agricultural Sciences, Volume Twenty, Issues (1-2), Department of Agricultural Economics, Faculty of Agriculture - University of Tripoli.
- Duaa Mamdouh, Yahya Abdel Rahman, 2014, "Economic Analysis of Agricultural Investment in Egypt", Egyptian Journal of Agricultural Research, Volume Ninety-Two - Issue Three, Giza-Egypt.
- Rady El-Sayed, Ahmed Abu El-Yazid, 2021, "Kaldor Hypotheses and the Role of Manufacturing Industries in Economic Growth in the Kingdom of Saudi Arabia", Journal of Development and Economic Policies, Volume Twenty-Three - Issue One - Arab Planning Institute.
- Suleiman Al-Sakouh, 2020, "Measuring the Impact of Industry on Economic Growth in Libya", Scientific Journal of Commercial Research - Issue One, Department of Economics, Faculty of Economics and Political Science - University of Tripoli - Libya.
- Sabah Al-Saadi, 2024, "An Econometric Study of the Impact of Agricultural Investment on the Libyan Agricultural GDP During the Period (1995-2015)", Department of Economics, Faculty of Economics - University of Sirte.
- Abdul Rahman Muhammad, Basil Yasser, 2024, "The Impact of Tax Revenues on the GDP in the Kingdom of Saudi Arabia, an Econometric Study (Q4 2022- Q1 2018)", Academic Journal of Scientific Research and Publishing, Issue 58.
- Ali Zaghir, Hatem Al-Quraishi, 2019, "Analysis of the Impact of Public Revenues on the Contribution of the Industrial Sector to the Gross Domestic Product in Iraq (2003-2018)", College of Administration and Economics, University of Wasit.
- Muhammad Ismail, Jamal Qasim, 2021, "The Impact of the Manufacturing Sector on Economic Growth in Arab Countries", Arab Monetary Fund.
- Central Bank of Libya Various Publications,
- Mustafa Kridlah, Wissam Awaz, 2024, "Public Development Spending and Its Role in the Growth of the Gross Domestic Product of the Agricultural Sector in the Libyan Economy During the Period (2000-2019)", Scientific Journal of the College of Commerce Al-Qarbuli, Issue 9, University of Al-Marqab,.
- Marcel Behun, el al,"The Impact of the Manufacturing Industry on the Economic Cycle of European Union Countries", Journal of Competitiveness, vol, 10, issue 1, 2018.
- Szirmai A, and Verspagen, “Manufacturing and Economic Growth in Developing Countries 1950-2005”, Unu-Merit Working Papers, 2001.
- UNIDO, “Industrial Development Report, Demand for Manufacturing: Driving Inclusive and Sustainable Industrial,” 2018.
William A Meacham," Economic a Contemporary Introduction", 7th edition, 2006.-