Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector
Tleubayev A. Kerimkhulle S. Tleuzhanova M. Uchkampirova A. Bulakbay Z. Mugauina R. Tazhibayeva Z. Adalbek A. Iskakov Y. Toleubay D.
December 2024Multidisciplinary Digital Publishing Institute (MDPI)
Econometrics
2024#12Issue 4
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.
alternative strategy , econometric analysis , gross fixed capital formation , gross value added , Kazakhstan , sustainability in agriculture
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Department of Economics, S. Seifullin Kazakh Agro Technical Research University, 62, Zhenis Avenue, Astana, 010011, Kazakhstan
Department of Information Systems, L.N. Gumilyov, Eurasian National University, 2, Satpayev Street, Astana, 010008, Kazakhstan
Department of Economics and Business, International Engineering Technological University, 89/21, Al-Farabi Avenue, Almaty, 050060, Kazakhstan
Department of Economics and Entepreneurship, L.N. Gumilyov, Eurasian National University, 11, Kazhymukan Street, Astana, 010008, Kazakhstan
Department of Finance, L.N. Gumilyov, Eurasian National University, 11, Kazhymukan Street, Astana, 010008, Kazakhstan
Department of Economics, Kh. Dosmukhamedov Atyrau University, 1, Building, Student Avenue, Atyrau, 060011, Kazakhstan
Department of Management, L.N. Gumilyov, Eurasian National University, 11, Kazhymukan Street, Astana, 010008, Kazakhstan
Department of Economics
Department of Information Systems
Department of Economics and Business
Department of Economics and Entepreneurship
Department of Finance
Department of Economics
Department of Management
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