The Impact of the Agricultural Sector on the Gross Domestic Product in Algeria - An Econometric Study for the Period (2000–2020)

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Zakaria BellaBaci, Farida Azzazi

Abstract

This study aims to analyze and estimate the impact of the agricultural sector on economic growth in Algeria during the period 2000–2020. To achieve this, a descriptive approach was adopted to analyze the theoretical framework related to the agricultural sector and gross domestic product, alongside a quantitative approach utilizing the Autoregressive Distributed Lag (ARDL) model to measure the relationship between the study variables. The findings reveal a positive and statistically significant correlation between the agricultural sector's value-added and economic growth during the study period. These results highlight the pivotal role of the agricultural sector in diversifying national income sources and fostering economic growth, particularly amidst the structural challenges faced by the Algerian economy and its heavy reliance on the hydrocarbons sector.

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How to Cite
Zakaria BellaBaci, Farida Azzazi. (2024). The Impact of the Agricultural Sector on the Gross Domestic Product in Algeria - An Econometric Study for the Period (2000–2020). European Economic Letters (EEL), 14(4), 1759–1773. Retrieved from https://www.eelet.org.uk/index.php/journal/article/view/2309
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