نوع مقاله : مقاله پژوهشی
عنوان مقاله English
نویسندگان English
Agriculture serves as the lifeblood of rural communities and is one of the main pillars of sustainable economic development. In the face of relentless population growth, ensuring food security and strengthening agricultural infrastructure have become increasingly vital. Among the key drivers of agricultural performance and economic growth are investments in two critical areas: agricultural buildings and machinery. This study aims to examine the impact of these investments on Iran’s agricultural sector over the period 1981–2021. By empirically analyzing the relationship between capital formation in agricultural buildings and machinery and the sector’s value added, the study seeks to provide evidence to support more effective investment policy decisions. The results of the ARDL model estimation reveal that investment in machinery has a significantly positive effect on the agricultural sector, indicating that increased investment in agricultural machinery and equipment contributes to enhanced production. In contrast, the effect of investment in buildings is relatively weaker. This suggests that investment in agricultural buildings alone is insufficient to spur growth and must be complemented by investment in machinery and other production inputs to achieve a meaningful impact. This limited effect may stem from challenges related to the optimal allocation of resources and the efficient use of developed infrastructure. The findings highlight the importance of both types of investment for the sustainable growth of the sector; however, investment in machinery appears to play a more pivotal role in revitalizing and energizing agriculture. Accordingly, it is recommended that policymakers support investment in agricultural machinery while also addressing the obstacles and challenges associated with investment in agricultural buildings, thereby maximizing the positive effects of capital investment on the growth of the agricultural sector.
کلیدواژهها English
