New Valley Journal of Agricultural Science (Oct 2022)

An Economic Study of the Most Important Variables Affecting Agricultural Investment in Egypt

  • Hussein Sarhan

DOI
https://doi.org/10.21608/nvjas.2022.163117.1088
Journal volume & issue
Vol. 2, no. 6
pp. 309 – 317

Abstract

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Abstract The research aimed to study the most important variables affecting agricultural investment in Egypt and to achieve this the following sub-objectives are studied which are to study the most important factors affecting agricultural investment in Egypt during the period (2000-2020). As well as measuring the most important variables affecting agricultural investment in Egypt using the factorial analysis in Egypt during the period (2000-2020). The results of the factorial analysis showed that the degree of saturation on the first factor has strong relations with seven variables, which can be called the most important factors affecting agricultural investment in Egypt. The top of this factor was occupied by the variable of the technological level with the highest saturation of 0.979, followed by both the variable of total agricultural labor, the variable of the total value of agricultural income, the total value of agricultural exports, the total crop area, the total value of agricultural investment loans, the total value of agricultural imports with a degree of saturation amounting to about 0.968, 0.964, 0.958, 0.925, 0.806, 539 respectively. This is logical and in line with the current situation. The relationship between the total agricultural investment as a dependent variable (Y) and each of the interpretive independent variables that have an impact on agricultural investment in Egypt was estimated and the results of the model showed its statistical significance as well as the significance of the parameters of those independent variables. Their reference was consistent with economic logic.

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