THE NEXUS BETWEEN AGRICULTURE AND FARMING ON A TIME-SERIES MODEL: IN THE CASE OF KASHKADARYA REGION

Abstract

The agricultural economy plays an important role in the world economy and satisfies the material needs and requirements of the population for food products. There are many approaches to the economic study of the volume of agricultural production and changes in it. According to statistics, currently world's agriculture is home to 1 billion of the economically active population. It employs more than a million people , and accounts for about 5 percent of the world's total output. According to the statistical forecast, “by 2050, the world population will reach 9.1 billion. In this case, the world's demand for meat and dairy products is expected to increase by 2 , 5-3 , 0 times compared to today " [6]. This, in turn, increases the demand for agricultural products.
In order to achieve the main goal in agriculture, a variety of products are grown, works, services are performed, which are distributed and sold in order to meet demand. These processes, which take place at the level of enterprises, associations, industries (district, region, republic), are carried out on the basis of free market relations.