Department Of Agricultural Economics, Marvdasht Branch,Islamic Azad University,Marvdasht,Iran
*Corresponding author: firstname.lastname@example.org
Abstract: Agriculture in Iran is the greatest economical sector after petroleum and services sectors which has devoted about 20 percent of national gross production and main share of non- petroleum exports, so that, this section development has determinate role in economical growth. Investment in agriculture section is one of factors which due to increase in demand for food and other agriculture products can cause to develop production and more employment in agriculture section. Therefore, in this section, it has been tried that Long- term effect of parameters such as petroleum incomes, investment stock, value-added, national income and inflation rate on state or governmental investment by use of conditional ARDL pattern is in frame of Pesaran and Shin (It applies for time series and variables can be I (0) or I (1)), this is studied for 1356-1386 periods. The results of this study showed that there is Long-term relation between governmental investment, petroleum incomes, investment stock, value-added, national income and inflation rate. On the other hand, governmental investment has the most and least sensitive to Value-added and petroleum income, respectively.
[Seyed Nemat Allah Mousavi, Azadeh Dogani and Javad Torkamani. Factors Affecting Public Sector Investment in Agriculture in Iran: The Usage of Unrestricted Error Correction Mode. Life Sci J 2012;9(1):367-373]. (ISSN: 1097-8135).http://www.lifesciencesite.com. 53
Key words: Governmental investment, ARDL model, error correction model, elasticity.