EXAMINING THE IMPACT OF THE AGRICULTURAL INDUSTRY ON KAZAKHSTAN’S ECONOMY: TRENDS, CHALLENGES AND OPPORTUNITIES

Purpose. By analyzing the relationship between agricultural production, emissions, agricultural employment and local communities, the study aims to highlight the role of agriculture in economic development, as well as provide specific recommendations for policymakers in prioritizing agriculture. Methods . The authors use linear regression as a methodology to establish and identify the relationship between agricultural indicators and GDP growth. The data was taken from various reliable sources, such as the Statistics Agency of the Republic of Kazakhstan and the World Bank. The regression includes both dependent variables (GDP) and independent variables (agricultural activity). Statistical tests are also presented to assess the significance and reliability of the findings. Originality / Value. The article presents new evidence of the dependence of the economy of the Republic of Kazakhstan on the agricultural sector. The uniqueness of the work lies in the identification of the main problems of the agricultural sector and the proposed solutions. The consideration of carbon dioxide emissions and rural employment issues adds a special scientific depth to the study. Findings . The regression analysis identified factors that directly influence the growth of the GDP of the Republic of Kazakhstan. Moreover, the R-square indicates that a significant portion of the variance in the dependent variable can be explained by the selected independent variables, demonstrating the model's effectiveness in identifying the key determinants of agricultural productivity. As observed from the research results, Kazakhstan's agricultural sector requires more attention compared to the industrial sector. This sector is responsible for the growth of GDP and economic productivity, with empirical evidence supporting this. By supporting agrarian policies and investments, it is possible to combat poverty and sustainably develop the rural population.

Authors

Institutions

Publication Details

Journal
Central Asian Economic Review
Published
2024-11-12
DOI
https://doi.org/10.52821/2789-4401-2024-4-72-83
Primary Topic
Russia and Soviet political economy
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

EXAMINING THE IMPACT OF THE AGRICULTURAL INDUSTRY ON KAZAKHSTAN’S ECONOMY: TRENDS, CHALLENGES AND OPPORTUNITIES

К. N. Beketova, Arailym Smagulova, Zh. B. Kinasheva
Central Asian Economic Review
Russia and Soviet political economy
article

EXAMINING THE IMPACT OF THE AGRICULTURAL INDUSTRY ON KAZAKHSTAN’S ECONOMY: TRENDS, CHALLENGES AND OPPORTUNITIES

К. N. Beketova, Arailym Smagulova, Zh. B. Kinasheva
article en

Abstract

Purpose. By analyzing the relationship between agricultural production, emissions, agricultural employment and local communities, the study aims to highlight the role of agriculture in economic development, as well as provide specific recommendations for policymakers in prioritizing agriculture. Methods . The authors use linear regression as a methodology to establish and identify the relationship between agricultural indicators and GDP growth. The data was taken from various reliable sources, such as the Statistics Agency of the Republic of Kazakhstan and the World Bank. The regression includes both dependent variables (GDP) and independent variables (agricultural activity). Statistical tests are also presented to assess the significance and reliability of the findings. Originality / Value. The article presents new evidence of the dependence of the economy of the Republic of Kazakhstan on the agricultural sector. The uniqueness of the work lies in the identification of the main problems of the agricultural sector and the proposed solutions. The consideration of carbon dioxide emissions and rural employment issues adds a special scientific depth to the study. Findings . The regression analysis identified factors that directly influence the growth of the GDP of the Republic of Kazakhstan. Moreover, the R-square indicates that a significant portion of the variance in the dependent variable can be explained by the selected independent variables, demonstrating the model's effectiveness in identifying the key determinants of agricultural productivity. As observed from the research results, Kazakhstan's agricultural sector requires more attention compared to the industrial sector. This sector is responsible for the growth of GDP and economic productivity, with empirical evidence supporting this. By supporting agrarian policies and investments, it is possible to combat poverty and sustainably develop the rural population.

Central Asian Economic Review(4)
Korkyt Ata Kyzylorda State University (KZ), Kurmangazy Kazakh National Conservatory (KZ), International University (KH)
Zero hunger
Openalex Percentile: Top 68%
Russia and Soviet political economy
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.