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مساهمة قطاعي الزراعة و الصناعة في النمو الاقتصادي و التنمية في الاقتصاد الفلسطيني خلال الفترة 1968-2012
[The Contribution of the Agricultural and Industrial Sectors to Economic Growth and Development in the Palestinian Economy :1968-2012]

Author

Listed:
  • Abugamea, Gaber

Abstract

This study investigates the contribution of agriculture and industry sectors to economic growth and development in Palestine for the period 1968-2012. It sets a modeling connects economic growth once and economic development another one to contribution of the main production sectors, agriculture and industry. Moreover, it employs OLS estimation procedures on First Difference of the involved variables due to nonstationarity of variables in case of using Augmented Dicky Fuller (ADF) tests. Estimation results show that industrial sector is contributing higher than agriculture sector on economic growth though both possessed a significant positive impact on economic growth. Noticeably, we found that only agriculture sector impacted economic development significantly. Meanwhile both sectors jointly are main determinants of economic growth and development. Study recommends a number of policies aiming at pushing towards a balanced effective development.

Suggested Citation

  • Abugamea, Gaber, 2018. "مساهمة قطاعي الزراعة و الصناعة في النمو الاقتصادي و التنمية في الاقتصاد الفلسطيني خلال الفترة 1968-2012 [The Contribution of the Agricultural and Industrial Sectors to Economic Growth and Developme," MPRA Paper 89793, University Library of Munich, Germany, revised 2018.
  • Handle: RePEc:pra:mprapa:89793
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    References listed on IDEAS

    as
    1. Dickey, David A & Rossana, Robert J, 1994. "Cointegrated Time Series: A Guide to Estimation and Hypothesis Testing," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 56(3), pages 325-353, August.
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    More about this item

    Keywords

    : Agriculture & Industry Sectors; Economic Growth; Development; OLS; Palestine;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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