Agricultural Support Policies and the Evolutionary Cycles of Iranian Agricultural Economic Growth
Subject Areas : Increase yield
Hamid Mohammad
1
*
,
Narges Tavakoli Dastjerdi
2
,
kourosh javadi pashaki
3
,
Ali reza Sargazi
4
1 - Associate Professor, Department of Agricultural Economics, Faculty of Agriculture, University of Zabol, Iran
2 - PhD Student, Department of Agricultural Economics, Faculty of Agriculture, University of Zabol, Iran
3 - PhD in Agricultural Economics and Visiting Professor, CEO of Shahed Negar Statistical and Research Company, Tehran, Iran
4 - Assistant Professor, Department of Agricultural Economics, University of Zabol
Keywords: Agricultural development, Agricultural economic cycle, Agricultural policies,
Abstract :
Objective: Government support policies play a key role in economic development, job creation, and increasing the competitiveness of various economic sectors. Due to the fragile nature of agricultural production, governments usually adopt support policies to maintain food security. By providing financial and legal incentives, governments can help reduce economic risks and create a safer and more attractive environment for investors.
Material and methods: Therefore, this study uses the nonlinear MS(M)-AR(p) model to distinguish the agricultural growth from 2001 to 2018 under Iran's agricultural support policies to distinguish the cycle of Iran's agricultural economy into three fast, medium, and low growth regimes. And examine the probability of shifting and maintaining among different regimes.
Results: We further calculated the average duration of each regime. In addition, we calculated the growth regime transition for specific times. Based on the results of this study, we find that Iran's agricultural economy has maintained a relatively stable growth trend with the support of Iran's active agricultural policies.
Conclusion: However, Iran's agricultural economy tends to maintain a low growth status in the long run. Finally, based on our findings, we provide recommendations for agricultural development that continue existing agricultural policies and strengthen support for agriculture, forestry, and animal husbandry.
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