AN ECONOMIC ANALYSIS TO EVALUATE THE PRICE AND THE FOREIGN TRADE POLICIES IN IRAQI AGRICULTURAL SECTOR FOR THE PERIOD 2000-2017
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Abstract
The research objective has been achieved through the use of mathematical models to calculate the net nominal protection factor of the main grain crops and the standards employed for measuring the efficiency of agricultural foreign trade during the above period. Values of the net nominal protection factor reveal fluctuation and instability in the government’s price policy since the values of the protection factor ranged between an integer one and its fractions. When the values of the net nominal protection factor are less than an integer one for some years, this reflects the support submitted by the state to the producers of the main grain crops through indirect taxation. On the other hand, when the values of the net nominal protection factor are greater than an integer one for most of the study years that points out to the state support submitted to the producers of the main grain crops. The positive annual growth rate of agricultural imports between (2000-2017( shows the direct relation between the above variations and the policy of support represented by the value of the net nominal protection factor greater than one for the main grain crops in most of the years of study.
The positive annual growth rate of agricultural imports in the period (2000-2017(shows that the policy of support represented by the value of the net nominal protection factor greater than one for the main grain crops (wheat, barley, corn (in most of the study years did not fulfill its purpose due to the lack of production compared to the increase in population.
The study has concluded some recommendations; the most important of which is to take macroeconomic policies into consideration when setting agricultural price policies by decision makers in the agricultural sector. The most important related macro variables are the exchange rate of the local currency against foreign currencies
Keywords: Economic anaiysis, Price policy, foreign trade policy, Agricultural secctor.
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Copyright (c) 2024 Mhamad Abd alrasul Lateef, Abd allah Ali Mudhhi (Author)
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