A FINANCIAL AND MACROECONOMIC OVERVIEW OF “WATER”: THE CASE OF PALESTINE

Öz

The purpose of this paper is to determine whether the current water supply can aid in achieving economic growth in Palestine through the agricultural sector. Thus an attempt was made to answer the question whether it is worthwhile for the Palestinian Authority (PA) to invest in the agricultural sector to achieve a certain level of sustainable development. A time-series regression analysis is performed to investigate whether the current amount of water can sustain economic growth in Palestine for 1998-2018. Findings have indicated that there is no relationship between the agricultural sector and the two sources of water. Meanwhile, there is a cointegration relationship between the agricultural sector and the spring water. Accordingly, water is not achieving economic growth in Palestine due to a shrinking agricultural sector. Moreover, the Palestinian agricultural sector faces several challenges during the expansion period, most importantly in terms of the insufficient subsidies provided to the Palestinian farmers by the PA.

Anahtar Kelimeler

• Palestine
• Water
• Economi Growth
• Agricultural Sector
• FMOLS

“SU”YA FİNANSAL VE MAKROEKONOMİK BİR BAKIŞ: FİLİSTİN ÖRNEĞİ

Öz

Bu çalışmanın amacı, Filistin’de su arzının tarım sektörü bağlamında ekonomik büyümeye yol açıp açmadığını ortaya koymaktır. Böylece Filistin Yönetimi için belirli bir sürdürülebilir gelişim düzeyini yakalayabilmek için tarım sektörüne yatırım yapmaya değip değmeyeceği sorusuna cevap verilmeye çalışılacaktır. Çalışmada, 1998-2018 dönemi için Filistin’deki mevcut su miktarının ekonomik büyümeyi sürdürüp sürdüremeyeceğini araştırmak amacıyla bir zaman serisi analizi uygulanmıştır. Bulgulara göre, tarım sektörü ile iki su kaynağı arasında bir ilişki bulunmamaktadır. Bununla birlikte, tarım sektörü ile kaynak suyu arasında br eşbütünleşme ilişkisi tespit edilmiştir. Sonuç olarak, suyun Filistin’de küçüln tarım sektörü dolayısıyla ekonomik büyümeye katkı sağlayamadığı söylenebilir. Ayrıca, Filistin tarım sektörü özellikle Filistin Yönetimi tarafından çiftçilere sağlanan yetersiz teşvikler dolayısıyla genişleme dönemlerinde birçok zorlukla başa çıkmak zorunda kalmaktadır.

Anahtar Kelimeler

• Filistin
• Su
• İktisadi Büyüme
• Tarım Sektörü
• FMOLS

Kaynakça

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