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The Iraqi Journal of Agricultural science
Article . 2024 . Peer-reviewed
License: CC BY NC ND
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EFFECT OF SHOCKS OF AGRICULTURAL TERMS OF TRADE (TOT) ON SOME AGRICULTURAL INDICATORS IN IRAQ FOR THE PERIOD (1990 - 2019)

Authors: AlAttabi, H. A.; B. H. AlBadri;

EFFECT OF SHOCKS OF AGRICULTURAL TERMS OF TRADE (TOT) ON SOME AGRICULTURAL INDICATORS IN IRAQ FOR THE PERIOD (1990 - 2019)

Abstract

This study aimed to investigate the impact of agricultural TOT shocks and the strength of their effects on some indicators of the agricultural sector. The research uses VAR, Variance decomposition and IRF approaches. The research is due to the almost monolithic exports and the multiplicity of imports, and the results of the agricultural product response to the shock of the agricultural gross terms of trade (GBTT) indicated that it had a negative impact, due to the shocks that the last variable was subjected to, which was reflected on an agricultural product, but they are not permanent as they returned to the normal situation within the sixth year. The research recommended adopting the TOT criterion as one of the criteria for drawing agricultural development plans in Iraq and one of its basic indicators to link the import capacity with the export capacity, as well as the need to pay attention to reviving agricultural exports to Iraq to stimulate agricultural terms of trade and then agricultural investment.

Keywords

Agriculture (General), Variance decomposition, VAR, impulse response function, stationary., Plant culture, S1-972, SB1-1110

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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