Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector

Based on the systematization of relevant problems in the agricultural sector of Kazakhstan and other countries, the purpose of the research is to aid in the development and implementation of a methodology for the econometric analysis of sustainability, the classification of economic growth, and an alternative strategy for gross value added depending on time phases with time lags of 0, 1, and 2 years, and on the gross fixed capital formation in the agricultural sector of Kazakhstan. The research has used a variety of quantitative techniques, including the logistic growth difference equation, applied statistics, econometric models, operations research, nonlinear mathematical programming models, economic modeling simulations, and sustainability analysis. In the work on three criteria: equilibrium, balanced and optimal growth, we have defined the main trends of growth of Gross added value of agriculture, hunting and forestry. The first, depending on the time phases, the second, depending on the Gross fixed capital formation transactions for equilibrium growth, for the growth of an alternative strategy, for the endogenous growth rate and the growth of exogenous flows. And we also received a classification of the trend of Productive, Moderate and Critical growth for the agricultural industry depending on the correlated linkaged industry of the national economy of Kazakhstan. The results of this work can be used in data analytics and artificial intelligence, digital transformation and technology in agriculture, as well as in the areas of sustainability and environmental impact.

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Publication Details

Journal
Econometrics
Published
2024-10-17
DOI
https://doi.org/10.3390/econometrics12040029
Citations
10
Primary Topic
Sustainable Agricultural Systems Analysis
Type
article
Field-Weighted Citation Impact
2.50
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article

Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector

Manatzhan Tleuzhanova, A. B. Tleubayev, Aigul Uchkampirova, Seyit Kerimkhulle et al.
10 citations
Econometrics
Sustainable Agricultural Systems Analysis
2.50
article

Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector

Manatzhan Tleuzhanova, A. B. Tleubayev, Aigul Uchkampirova, Seyit Kerimkhulle, Raikhan Mugauina, Zhanat Bulakbay, Алибек Адалбек, Daniyar Toleubay, Zhumagul Tazhibayeva, Yerassyl Iskakov
article en
10 citations

Abstract

Based on the systematization of relevant problems in the agricultural sector of Kazakhstan and other countries, the purpose of the research is to aid in the development and implementation of a methodology for the econometric analysis of sustainability, the classification of economic growth, and an alternative strategy for gross value added depending on time phases with time lags of 0, 1, and 2 years, and on the gross fixed capital formation in the agricultural sector of Kazakhstan. The research has used a variety of quantitative techniques, including the logistic growth difference equation, applied statistics, econometric models, operations research, nonlinear mathematical programming models, economic modeling simulations, and sustainability analysis. In the work on three criteria: equilibrium, balanced and optimal growth, we have defined the main trends of growth of Gross added value of agriculture, hunting and forestry. The first, depending on the time phases, the second, depending on the Gross fixed capital formation transactions for equilibrium growth, for the growth of an alternative strategy, for the endogenous growth rate and the growth of exogenous flows. And we also received a classification of the trend of Productive, Moderate and Critical growth for the agricultural industry depending on the correlated linkaged industry of the national economy of Kazakhstan. The results of this work can be used in data analytics and artificial intelligence, digital transformation and technology in agriculture, as well as in the areas of sustainability and environmental impact.

EconometricsVol. 12(4)
L. N. Gumilyov Eurasian National University (KZ), Almaty Technological University (KZ), S.Seifullin Kazakh Agro Technical University (KZ), Khalel Dosmukhamedov Atyrau University (KZ)
Openalex Percentile: Top 12%
Sustainable Agricultural Systems Analysis
2.50
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