International Journal of Economics, Business and Accounting Research (IJEBAR)
Vol 8 No 2 (2024): IJEBAR, VOL. 08 ISSUE 02, JUNE 2024

ANALYSIS OF BIOPHARMACY CROPS PRODUCTION AND EXPORTS ON AGRICULTURAL SECTOR GDP GROWTH RATE (2012-2022)

Shahrul, Shahrul (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

The objectives of this study are to: 1) determine the number of developments in biopharmaceutical production, 2) determine the number of biopharmaceutical plant exports, and 3) determine the impact of biopharmaceutical plant production and exports on the agricultural sector's GDP growth rate from 2012 to 2022. This type of research employs quantitative panel data. Data on biopharmaceutical crop output, exports, and national income from 2012 to 2022 were obtained from the Central Statistics Agency (BPS) and other sources. The data analysis technique employs correlation analysis and the F test. The study's findings demonstrate that: 1) biopharmaceutical plant production and export have a substantial impact on agricultural economic growth. 2) There is a positive association between biopharmaceutical crop production and exports and agricultural GDP growth, although this trend can be altered by a variety of external and internal factors. 3) This research, however, demonstrates that various fluctuations and issues must be addressed in order to secure the agricultural sector's long-term and equitable growth. Keywords:biopharmaceuticals, exports, production, growth rate

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Journal Info

Abbrev

IJEBAR

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Economics, Business, and Accounting Research (IJEBAR) is a peer-reviewed, open access international scientific journal dedicated for rapid publication of high-quality original research articles as well as review articles in all areas of Economics, Business and Accounting. ...