Investigating the relationship of energy price shock with yield, cotton product price, added value and export of agricultural sector

Document Type : Research Paper

Author

• mina alipour

University of tabriz, Department of Agricultural Economics, University of tabriz

10.30495/jae.2024.32177.2392

Abstract

Introduction: the present study investigates the effect of energy price shock (diesel price) on the yield of cotton and exports and added value in the agricultural sector.

Materials and Methods: In this study, SVAR model was used during 1370-99 to achieve the research goal.

Findings: The results showed that with the increase in the price of energy, the productivity increases and also the economic growth of the agricultural sector decreases. In the medium term, the contribution of the added value of the agricultural sector in determining the fluctuations in the price of cotton products is more than the other variables, and in the long term, the contribution of all the model variables in explaining the price fluctuations has increased.

Conclusion:. The results showed that with the increase in the price of energy, the productivity increases and also the economic growth of the agricultural sector decreases.

Keywords

• Keywords:Value Added
• Cotton
• Energy Shock
• Exports
• SVAR

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