A COMPARATIVE ANALYSIS OF THE VALUE-ADDED AGRICULTURE INDICATORS FOR POLOND AND TURKEY

Authors : Nilcan MERT, Özlem EŞTÜRK

Pages : 1-14

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Publication Date : 2023-03-19

Article Type : Research Paper

Abstract :The agricultural sector creates added value for the country\`s economy by supplying raw materials to the industry, as well as the supply of foodstuffs necessary for nutrition. Value added refers to the difference between the monetary value of goods and services produced and the inputs used in production. In this study, the determinants of agricultural value added in Poland and Turkey for the period 1995-2018 were analyzed. In the study, while value added agriculture constituted the dependent variable, individual GDP, gross capital formation, ratio of agricultural land constituted the independent variables. An 1% change in agricultural land and GDP per capita changed value added agriculture in the same direction by 0.0643% and 2.8223% for Poland, respectively. On the other hand, an 1% change in gross capital formation changed value added agriculture by 0.0498% in the opposite direction. When the findings obtained for Turkey were evaluated, the agricultural land and gross capital formation coefficients were negative and statistically significant. GDP per capita coefficient was positive but statistically it was not significant. Accordingly, an 1% change in agricultural land and gross capital formation was expected to change value added agriculture per employee by 0.0365% and 0.0367% in the opposite direction for Turkey, respectively.
Keywords : Katma Değerli Tarım, Türkiye, Polonya, Kointegrasyon