Contributors to agricultural and industrial output in Libya's GDP

Abstract

This study aims to investigate the relationship between the two independent variables Agricultural Gross Domestic Product (LNGDPA) and Industrial GDP (LNGDPB) and the dependent variable GDP in Libya using the autoregressive model for distributed deceleration periods (ARDL) during the period 1979-2019. To investigate the existence of joint integration between the variables of the study in the long and short term. The results confirmed the existence of a long-term equilibrium relationship "a relationship of mutual integration" between the independent variables: Agricultural Gross Domestic Product (LNGDPA), Industrial Gross Domestic Product (LNGDPB) and the dependent variable Gross Domestic Product (LNGDP), and the results showed a statistically significant positive relationship between Industrial Gross Domestic Product (LNGDPB) and Gross Domestic Product (LNGDP) in the long term, while it did not appear with regard to Agricultural Gross Domestic Product (LNGDPA). The results also showed a long-term causal relationship from the independent variables combined to the dependent variable.