Powering Qatar’s agricultural growth: Examining the link between electricity prices and development
<p dir="ltr">This study analyzes the impact of electricity prices on the development of the agriculture sector in Qatar, using annual data from 2003 to 2019. Its findings contribute to addressing a gap in current literature and offer valuable perspectives on the sector’s obstacles an...
محفوظ في:
| المؤلف الرئيسي: | |
|---|---|
| مؤلفون آخرون: | , , |
| منشور في: |
2023
|
| الموضوعات: | |
| الوسوم: |
إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
|
| _version_ | 1864513507675865088 |
|---|---|
| author | Sa’d Shannak (16960002) |
| author2 | Riham Surkatti (19450312) Mohammad Al-Kuwari (19450315) Abdulkarem Amhamed (14778130) |
| author2_role | author author author |
| author_facet | Sa’d Shannak (16960002) Riham Surkatti (19450312) Mohammad Al-Kuwari (19450315) Abdulkarem Amhamed (14778130) |
| author_role | author |
| dc.creator.none.fl_str_mv | Sa’d Shannak (16960002) Riham Surkatti (19450312) Mohammad Al-Kuwari (19450315) Abdulkarem Amhamed (14778130) |
| dc.date.none.fl_str_mv | 2023-04-20T09:00:00Z |
| dc.identifier.none.fl_str_mv | 10.3389/fenvs.2023.1144953 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/Powering_Qatar_s_agricultural_growth_Examining_the_link_between_electricity_prices_and_development/26788249 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Agricultural, veterinary and food sciences Agriculture, land and farm management Environmental sciences Soil sciences agriculture Qatar productivity econometrics subsidy electricity nexus |
| dc.title.none.fl_str_mv | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p dir="ltr">This study analyzes the impact of electricity prices on the development of the agriculture sector in Qatar, using annual data from 2003 to 2019. Its findings contribute to addressing a gap in current literature and offer valuable perspectives on the sector’s obstacles and potential prospects. An extended Cobb-Douglas production function was employed as a theoretical framework, in conjunction with several econometric techniques, including Fully Modified Least Squares, Dynamic Ordinary Least Square, Canonical Cointegration Regression, and Gets, to analyze the persistent relationship between electricity prices, and the gross value added of the agriculture sector. Our research found that electricity prices exert a positive effect on agricultural development. Although the magnitude of the impact was small over the long term, it remained statistically significant. Specifically, the elasticity of the electricity prices ranged between 0.097–0.11, whereas the elasticity of another examined variable, labor productivity, was also positive and ranged between 0.67–0.74. These empirical findings support the ongoing government policy to reform energy prices, increase vegetable production using modernized hydroponic systems, and reduce groundwater use for irrigation, among other policies to sustain food production. Clearly, if these policy options are managed properly, the agriculture sector can play a significant role in diversifying the economy, maintaining environmental conditions and improving food sustainability.</p><h2>Other Information</h2><p dir="ltr">Published in: Frontiers in Environmental Science<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3389/fenvs.2023.1144953" target="_blank">https://dx.doi.org/10.3389/fenvs.2023.1144953</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_b36ebddd1a98a1777f95e8e1614447d0 |
| identifier_str_mv | 10.3389/fenvs.2023.1144953 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/26788249 |
| publishDate | 2023 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | Powering Qatar’s agricultural growth: Examining the link between electricity prices and developmentSa’d Shannak (16960002)Riham Surkatti (19450312)Mohammad Al-Kuwari (19450315)Abdulkarem Amhamed (14778130)Agricultural, veterinary and food sciencesAgriculture, land and farm managementEnvironmental sciencesSoil sciencesagricultureQatarproductivityeconometricssubsidyelectricitynexus<p dir="ltr">This study analyzes the impact of electricity prices on the development of the agriculture sector in Qatar, using annual data from 2003 to 2019. Its findings contribute to addressing a gap in current literature and offer valuable perspectives on the sector’s obstacles and potential prospects. An extended Cobb-Douglas production function was employed as a theoretical framework, in conjunction with several econometric techniques, including Fully Modified Least Squares, Dynamic Ordinary Least Square, Canonical Cointegration Regression, and Gets, to analyze the persistent relationship between electricity prices, and the gross value added of the agriculture sector. Our research found that electricity prices exert a positive effect on agricultural development. Although the magnitude of the impact was small over the long term, it remained statistically significant. Specifically, the elasticity of the electricity prices ranged between 0.097–0.11, whereas the elasticity of another examined variable, labor productivity, was also positive and ranged between 0.67–0.74. These empirical findings support the ongoing government policy to reform energy prices, increase vegetable production using modernized hydroponic systems, and reduce groundwater use for irrigation, among other policies to sustain food production. Clearly, if these policy options are managed properly, the agriculture sector can play a significant role in diversifying the economy, maintaining environmental conditions and improving food sustainability.</p><h2>Other Information</h2><p dir="ltr">Published in: Frontiers in Environmental Science<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3389/fenvs.2023.1144953" target="_blank">https://dx.doi.org/10.3389/fenvs.2023.1144953</a></p>2023-04-20T09:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.3389/fenvs.2023.1144953https://figshare.com/articles/journal_contribution/Powering_Qatar_s_agricultural_growth_Examining_the_link_between_electricity_prices_and_development/26788249CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/267882492023-04-20T09:00:00Z |
| spellingShingle | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development Sa’d Shannak (16960002) Agricultural, veterinary and food sciences Agriculture, land and farm management Environmental sciences Soil sciences agriculture Qatar productivity econometrics subsidy electricity nexus |
| status_str | publishedVersion |
| title | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| title_full | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| title_fullStr | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| title_full_unstemmed | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| title_short | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| title_sort | Powering Qatar’s agricultural growth: Examining the link between electricity prices and development |
| topic | Agricultural, veterinary and food sciences Agriculture, land and farm management Environmental sciences Soil sciences agriculture Qatar productivity econometrics subsidy electricity nexus |