Impact of Foreign Agricultural Trade on Agricultural GDP in Libya Using ARDL Model Approach

Fouzi Faraj*(1)

(1). Dept of Agricultural Economics, Faculty of Agriculture, University of Benghazi, Benghazi, Libya.

(*Corresponding author: Fouzi Salih Faraj Email: salehfara1981@yahoo.com).

Received: 27/06/2024                             Accept:5/11/2024

Abstract:  

The study aimed to measure the impact of agricultural trade on domestic agricultural production in Libya, by employing data from time series extending from 1995 to 2021, and using the ARDL Model methodology. The results showed the existence of a long-run relationship between the studied variables. As the results showed, agricultural exports have a significant positive Impact, while agricultural imports have a significant negative Impact, but inflation has no effect. While in the short-run, agricultural exports also have a positive significant impact on agricultural output, agricultural imports have a negative significance, and the inflation rate has no significant impact on agricultural GDP too. 

Keywords: Agricultural Exports; Agricultural Imports; Inflation Rate; Agricultural GDP; ARDL Model; Libya.

Full paper in English: pdf