Public Investment in Agricultural Infrastructure and its Impact on Economic Growth in the Agrarian Sector of Peru, 2009-2018.
DOI:
https://doi.org/10.70577/asce.v4i4.513Keywords:
Investments, Infrastructure, Economic growth, Agriculture, Irrigation.Abstract
The study aimed to determine the impact of public investment in agricultural infrastructure on the economic growth of Peru’s agrarian sector during the period 2009–2018. A quantitative approach with an explanatory scope was applied, using a non-experimental, longitudinal, and correlational design. Data were obtained from official sources including MEF, BCRP, and INEI, and were subsequently processed through econometric techniques using the Ordinary Least Squares (OLS) method and statistical significance tests in EViews 10.0. The findings showed that public investment in irrigation infrastructure had a positive and statistically significant effect on the growth of the agrarian gross domestic product. A 1% increase in such investment was associated with an approximate rise of 0.06 percentage points in agrarian GDP growth. Consequently, it was concluded that public investment in agricultural infrastructure constituted a structural determinant of the growth of Peru’s agrarian sector by enhancing productivity, promoting social inclusion, and supporting the sustainability of rural development.
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