BERC publishes an article in the Journal of Finance, Economy and Social Research titled: A FINANCIAL AND MACROECONOMIC OVERVIEW OF WATER: THE CASE OF PALESTINE

 The Business and Economic Research Center (BERC) of Al-Quds Open University has published an article in the Journal of Finance, Economy and Social Research (Finans Ekonomi ve Sosyal Ara?t?rmalar Dergisi), titled "A FINANCIAL AND MACROECONOMIC OVERVIEW OF “WATER”: THE CASE OF PALESTINE" prepared by Mr. Wissam Samara, Assistant Director of the Center, and Prof.  Merve TUNCAY.

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.