Structure of Agricultural Investment and Economic Growth in Tunisia: An ARDL Cointegration Approach

Sayef Bakari and Samir Abdelhafidh ()
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Samir Abdelhafidh: Department of Economics Science, LIEI, Faculty of Economic Sciences and Management of Tunis, University of Tunis El Manar, Tunisia

Economic Research Guardian, 2018, vol. 8, issue 2, 40-64

Abstract: In this work, we examine the impact of the structure of domestic investment in the agricultural sector on economic growth in Tunisia in the long run employing annual time series data for the period 1990-2016. Our empirical strategy is founded on the autoregressive distributed lag approach (ARDL). According to our empirical results, it has been discovered that investments in fruit trees, investment in livestock farming, investment in agricultural irrigation and investment in studies, extension and research in the agricultural sector have a positive effect on economic growth. Unfortunately, we found that investment in fishing has a negative incidence on economic growth. These results imply and propose that the diversification of domestic investment in the agricultural sector and investment in the agricultural sector are well-respected as a fountain of economic growth in Tunisia in the long run.

Keywords: Structure; Agricultural Investment; Economic Growth; ARDL; Tunisia (search for similar items in EconPapers)
JEL-codes: C20 E22 F43 Q10 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:8:y:2018:i:2:p:40-64

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