Economic Factors Influencing Agricultural Investment Allocation in Iraq (1990-2017).

In this study, a comprehensive analysis of investment allocation for rural land restoration in Iraq spanning from 2017 to 1990 was conducted to assess its impact. The research aimed to identify key factors influencing agricultural land revival in the country's early period. Economic analysis determined investment size for revival and identified influential factors such as gross domestic product (GDP), agricultural output, and restored lands. Utilizing EViews 9, the study ensured the robustness of time series variables through statistical testing before employing customized regression modeling. The autoregressive distributed lag (ARDL) approach was applied for investment allocation analysis. Results indicate that the agricultural output variable exhibits a positive correlation, signifying that a 1% increase in agricultural production results in a 20.85% increase in short-term investment allocation and a 10.97% increase in the long term. Conversely, GDP shows a negative and significant impact in both short and long terms, with a 0.90% decrease in allocation in the short term and a 0.22% decrease in the long term per unit increase in GDP. The variable representing restored regions initially has a negative effect in the short term but becomes positive in the long term, with a 1% increase in restored areas leading to a 0.0066% increase in short-term investment and a 0.0279% increase in the long term. The error equation demonstrates critical significance, indicating a long-term adjusted relationship between the variables.