The Impact of Investment Policy on Agricultural Labor

Abstract: ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ
• Egyptian Journal of Agricultural Economics. Egyptian Association of Agricultural Economics. Vol.(26), No.(3), Cairo, Egypt, September 2016.
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Nearly half of the population, which requires the provision of appropriate job opportunities for the largest possible proportion of newcomers to the work of rural youth market in the areas of direct agricultural work or areas and activities integrated production and projects. However, agricultural unemployment rate is about 11.5% in 2014/2015, a relatively large number, but the danger lies in the fact that the low operating rates or imbalance between supply and demand for agricultural labor is the other side of the problem of under-investment and the rate of development in quantity and quality and inefficient distribution pattern which requires reconsideration of the overall investment policies.
The research is aimed at analyzing and measuring the relationship between the investment, agricultural labor, so by measuring the long-term effects and short-term investment on employment levels in the Egyptian agricultural sector (represented by the demand for agricultural labor), and measure the speed of adaptation of employment levels in the agricultural sector for the change in size Agricultural investment and thus determine the time required to clear the long-term effects. And in order to reach a package of policies to raise the level and efficiency of investment in order to achieve intensive growth in employment.
The results showed that the degree of immediate response was higher than the long-term response to the demand for agricultural labor to change in response to the level of investment where amounted to respond 0.66 coefficient It reflects the effects of short-term investment to increase employment and reduce unemployment in the agricultural sector function. Degree also reached a long-term change in the demand for agricultural labor to respond due to the change in investment towards 0.60. Also confirmed estimates that the average results necessary for the emergence of the effects of agricultural investment on the demand for agricultural labor size of the length of time was about 2.4 years.
So the speed of adjustment or automatic adjustment, we find it during the four periods were weak and low, suggesting the absence or weakness of the mechanism of adjustment, which responds by which the demand for agricultural labor or the reduction of unemployment in the agricultural sector for the increase in the level of investment, where an estimated mechanism of adaptation to about 15% . Meaning that long-term relationship between the investment and the demand for labor in the Egyptian agricultural sector needs a period of time not less than three years to lead to increase investment to create real, lasting jobs in the agricultural sector and thus reduce the unemployment rate in the agricultural sector, and that the mechanism of access to it going at a slow pace does not fit with the desired growth rates in this sector, but that the slow adjustment mechanism reflects the slow adaptation of the demand for agricultural labor with the surrounding agricultural sector in the light of the increasing agricultural investment rates of economic changes.
Recommendations:
The investment policy have a state strategies for investors to stimulate towards the agricultural sector, by selecting the college sectors and sub which generates output which jobs growth than others, where the results showed that the agriculture sector when faced with investments can accommodate employment and achieve its purpose , the need to invest in agricultural projects-intensive element of the work.
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URL
Publication year 2016
Availability location مكتبة معهد بحوث الاقتصاد الزراعي-7 ش نادى الصيد - مبنى الهيئات والشركات - الدقي- الجيزة (الدور الرابع)
Availability number
Organization Name
City الجيزة
serial title المجلة المصرية للاقتصاد الزراعى
Author(s) from ARC
Publication Type Journal
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