بررسي تاثير سياست‌هاي پولي و مالي بر ارزش افزوده بخش كشاورزي ايران‌

Investigation the impact of Monetary and Fiscal Policies on Iranian Agricultural Value Added

Since agricultural sector plays an important role in Iranian economic and monetary and fiscal policies have important impacts on this sector, this study investigates the impacts of these polices on value added of the agricultural sector. For this purpose short run and long run impacts of these policies on the value added, a logarithm function, co-integration approach as autoregressive distribution lag and error correction model are used for the analysis. The data were collected for period of 1977-2004. The Results show that government expenditures have positive effect on agricultural value added. By one percentage increase in government expenditures, agricultural sector value added increases by 5 percentages. But monetary policies have negative impacts on value added of agriculture sector. One percentage increase in liquidity agricultural sector decreases the value added by 23 percentages. Results of error correction model shows that in short run, one percentage increase in government expenditures, results in 4.5 percentage in agricultural value added. By one percentage increase in liquidity, value added of agriculture sector, decreases by 19 percentages