The Effect of Knowledge-Based Economy on Value Added of Agricultural Sector in Iran

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ZIAEE SAMAN; AMIRZADEH MORADABADI SAMIRA; Hashemi Khadijeh Samareh; Narouei Homa

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Journal: Journal of Agricultural Economics and Development Year:2018 | Volume:26 | Issue:102 Page(s): 75-92

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Title

The Effect of Knowledge-Based Economy on Value Added of Agricultural Sector in Iran

Author(s)

ZIAEE SAMAN | AMIRZADEH MORADABADI SAMIRA | Hashemi Khadijeh Samareh | Narouei Homa | Issue Writer Certificate

Keywords

ICT IndexQ1

Knowledge-Based EconomyQ1

R&D IndexQ1

Value AddedQ2

Abstract

The purpose of this study was to evaluate the effect of Knowledge-Based Economy on Value Added of Iran’ s agricultural sector from 1989 to 2014. To investigate the long-term relationship between the Value Added of the agricultural sector and ICT Index, R&D Index, extension and education index, capital and labor variables, Johansen-Juselius Co-integration method and error correction model (ECM) were used. The results of long-term function estimation of the model show a positive and significant impact of ICT Index, research and development index, and capital and labor variables on Value Added of the agricultural sector. The effect of agricultural extension and education index on Value Added of the agricultural sector was positive but it was not statistically significant. In addition, the results of error correction model show that almost 53% of short-term deviations of the agricultural sector Value Added from its long-run equilibrium are modified in a period. Hence, the increase in research and development credits in the budget of agricultural sector can be effective in growth of Value Added of this sector.

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APA: Copy

ZIAEE, SAMAN, AMIRZADEH MORADABADI, SAMIRA, Hashemi, Khadijeh Samareh, & Narouei, Homa. (2018). The Effect of Knowledge-Based Economy on Value Added of Agricultural Sector in Iran. EQTESAD-E KESHAVARZI VA TOWSE'E, 26(102 ), 75-92. SID. https://sid.ir/paper/24207/en

Vancouver: Copy

ZIAEE SAMAN, AMIRZADEH MORADABADI SAMIRA, Hashemi Khadijeh Samareh, Narouei Homa. The Effect of Knowledge-Based Economy on Value Added of Agricultural Sector in Iran. EQTESAD-E KESHAVARZI VA TOWSE'E[Internet]. 2018;26(102 ):75-92. Available from: https://sid.ir/paper/24207/en

IEEE: Copy

SAMAN ZIAEE, SAMIRA AMIRZADEH MORADABADI, Khadijeh Samareh Hashemi, and Homa Narouei, “The Effect of Knowledge-Based Economy on Value Added of Agricultural Sector in Iran,” EQTESAD-E KESHAVARZI VA TOWSE'E, vol. 26, no. 102 , pp. 75–92, 2018, [Online]. Available: https://sid.ir/paper/24207/en

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