An econometric analysis of the most important factors affecting the value of agricultural output in Libya

Abstract

An Econometric Analysis Study of the Most Important Factors Affecting on Agricultural Product Value in Libya Abstract The aim of this study is to analyze the important economic factors affecting on agricultural product value in Libya during the period of (1990-2010). The log-log form was selected to present Cobb-Douglac function, the results of this study showed that there is a positive relationship between agricultural product value and the gross domestic product value, also the effect of agricultural product value on gross domestic product value is low. However, the result of this study indicated that the agriculture labor force has appositive and a great effect on the agricultural product value.