The effect of public saving on agricultural and fishing investments for the government and private sectors in Iraq for the period 2005- 2021.

The target of the manuscript is to quantify and examine the effects of public saving on agricultural and fishing investments for the government and private sectors and economic growth in Iraq for the period 2005-2021. Econometric tools were used to clarify the impact (autoregressive model with distributed lag periods). The findings show that there is cointegration relationship between public saving (S) independent variable, government investments in agriculture, and fishing (GI) dependent variable, private sector investments in agriculture, fishing (PI) dependent variable, and economic growth (GDP) dependent variable, Moreover the value of the error correction parameter significant Generally speaking at the degree of negative (1%) and (5%) for all variables. The results indicated that there was a significant and positive short-term relationship between (S) and (GI) at a significance level (5%), in addition to the absence of a lengthy effect between the two elements that during the study period. There is also no substantial impact of public saving on private investment in agriculture, forestry, and hunting during the research period, neither in the short term nor in the long term. The results also showed that there is a significant and positive short-term relationship between (S) and (GDP), and the presence of a long-term favorable impact at a substantial degree (5%), which means that increasing public saving by one unit results in a rise in GDP of (0.001577). Conversely, a decrease in public saving by one unit leads to a decrease in GDP by the same amount, assuming other factors remain constant. This report suggests that the Iraqi government be given more authority through its economic policies in driving savings and employing it towards investment in the agriculture industry to boost and diversify agricultural output. [ABSTRACT FROM AUTHOR]