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Agricultural production index: International comparison

Author

Listed:
  • İbrahim Bozkurt

    (Department of Finance and Banking, Faculty of Economics and Administrative Sciences, Cankiri Karatekin University, Cankiri, Turkey)

  • M. Veysel Kaya

    (Department of Economics, Faculty of Economics and Administrative Sciences, Kirikkale University, Kirikkale, Turkey)

Abstract

This paper investigates the influences of macroeconomic policies on agricultural production and other factors affecting it, based on panel data in a global sample for the period 2010-2017. Because spatial interactions in the agricultural production levels of countries are determined, spatial panel models are employed in the analyses. According to the analysis results, countries' financial, fiscal and monetary policies have an important effect on agricultural production. Besides, other important determinants of agricultural production are climatic conditions, land use and modern input use in agriculture. Our findings have important implications, especially for countries with low agricultural production.

Suggested Citation

  • İbrahim Bozkurt & M. Veysel Kaya, 2021. "Agricultural production index: International comparison," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 67(6), pages 236-245.
    • Handle: RePEc:caa:jnlage:v:67:y:2021:i:6:id:29-2021-agricecon
    DOI: 10.17221/29/2021-AGRICECON
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    References listed on IDEAS

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