Analysis of the factors associated with agricultural GDP in Mexico
Main Article Content
Keywords
Productive factors, Descriptive analysis, average annual growth rate, multiple regression
Abstract
Objective: To detect productive factors that explain the total value of agricultural production (agricultural GDP) and carry out a descriptive analysis.
Methodology: A multiple linear regression adjustment and a descriptive analysis of the variables for which information is available were carried out.
Results: Five variables were found to have a significant association with agricultural GDP. In the last 20 years, the agricultural sector has experienced exponential economic growth with an annual growth rate (TCMA) of 7.7%, about 60% of the total value of production is provided by only 7 states, agricultural exports increased from 2015 due to demand from the United States for Mexican fruits and vegetables.
Implications: Information on the state of agriculture in Mexico makes it possible to understand trends and take actions to increase the growth of agricultural GDP. Many variables do not have updated information, which limits the analysis.
Conclusions: The sown agricultural area has decreased and the productive factors analyzed maintain a positive average annual growth rate, which indicates a process of transition from extensive crops, such as grains and cereals, to intensively exploited crops, such as fruits and vegetables. It is necessary to invest in the generation of agricultural data.