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|b Investments are the key to the economic development of developing countries, which suffer from weak domestic investment and thus resort to attracting foreign direct investment to help drive economic growth. The problem of research is the weakness of domestic and foreign investments in Egypt as a major reason for the weakness of national savings, which led to weak economic growth rates. The aim of the study is to identify the role of agricultural investments in the development of the Egyptian agricultural sector and to measure the impact of total exports on the flow of foreign direct investment. A study of the development of the value of agricultural investments in Egypt showed that it amounted to about 6.52 billion pounds, representing about 5.8% of the national investments, which is about 137.2 billion pounds as an average for the period (2000/2001-2017/2018). The value of agricultural investments in the private sector amounted to LE 4.01 billion as an average of the study period, accounting for 60.7% of the average value of it. The development of agricultural GDP in Egypt showed that it increased during the study period from LE 49.72 billion in 2000/2001 to LE 227.96 billion in 2017/2018, an increase of 178.3% compared to 2000/2001. In the public sector and the private sector amounted to about 0.069, 104.96 billion pounds, respectively, as an average of the period of study representing about 0.07%, 99.93% of the value of agricultural GDP. This confirms that, the agricultural GDP depends on the private sector. With regard to the rate of agricultural investment, it was estimated at 0.07 as an average for the period (2000/2001-2017/2018). This indicates that the rate of agricultural investment is less than the correct one, which indicates the efficiency of national and agricultural investment in Egypt during the study period, because of the decrease in the value of investments needed to increase GDP in one unit. The return on agricultural investment was estimated at 17.48 as the average for the study period, thus it is greater than the correct one, which indicates the efficiency of agricultural investment in Egypt, due to the high value of the unit generated from the GDP from investment expenditure. In the study of endemic factors, it was estimated at 0.41 as the mean for the study period, and it was found that the endemic coefficient was less than the correct one, indicating the efficiency of agricultural investment in Egypt. By estimating the CES function, it was found that the elasticity of production for labor is higher than the elasticity of production for investments, production depends on the labor component. The labor component is more important in increasing production compared to investments. The agricultural sector is characterized by labor intensity. The capacity was about 5.86 the agricultural production is characterized by increased capacity returns, and the distribution coefficient was about 0.017, the role of investments is very low in obtaining agricultural output, which necessitates increasing its role by encouraging investment in agricultural projects. The estimate of the proposed model of the economic variables affecting the flow of foreign direct investment shows that the increase of GDP by one billion pounds leads to an increase of about LE 0.05 billion in the flow of foreign direct investment, and the growth rate of exports of about 1% leads to an increase of about 0.21 Billion in the flow of foreign direct investment, and the ratio of savings to GDP by about 1% leads to an increase of about 132.07 billion pounds in the flow of foreign direct investment. While the increase in the rate of inflation to GDP by about 1% leads to a decrease of about 414.52 billion pounds in the flow of foreign direct investment, and the increase in the proportion of government spending to GDP by about 1% leads to a decrease of about 7.33 billion pounds in FDI flow. In assessing the performance of the national economy to measure its ability to attract investments or not, by identifying the rate of growth of Egyptian exports, the value of Egyptian exports has taken an overall trend of statistical significance at an annual growth rate of about 9.50% of the average value of exports during the study period. The occurrence of diversification in the fields of Egyptian economic activity. As a result of the size of the internal debt, the trend has been statistically significant at an annual growth rate of 9.98% of the average internal debt during the study period. This indicates that the Egyptian economy is facing significant challenges to provide the necessary funds to repay debt and improve the investment climate. The research recommends the following recommendations: 1. To increase the investments directed towards the agricultural sector through the development of an appropriate investment policy in order to reach the target level of investments in this sector to play its role in advancing economic development. 2- Work on removing obstacles and problems that limit the increase of agricultural investment in Egypt, where the study showed high efficiency of investment in this sector. 3- Work to replace investments in the agricultural sector, which increases the efficiency of agricultural investment and thus increase the productivity of this sector. 4- Supporting the Egyptian government to increase Egyptian exports to the world by facilitating and increasing the opportunities of investors to participate in development projects in Egypt and exerting continuous efforts to encourage small and medium enterprises to increase production and expand the export base. 5- Work on improving the investment climate to attract and attract foreign investments to increase the ability of the Egyptian economy to meet the major challenges in providing the necessary funds to repay debts.
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