Correlation and regression analysis of the impact of leasing on agricultural production in Republic of Serbia

Abstract

The paper explores the impact of leasing in agriculture on agricultural production in the Republic of Serbia by means of correlation and regression analysis. The research was conducted in the period between 2006 and 2016. The authorized data from National Bank of Serbia and Statistical Office of the Republic of Serbia were used in the paper. With the aim of carrying out a more comprehensive research, the paper analyzes the impact of leasing placement on the following economic accounts for agriculture: Output of agricultural industry, Intermediate consumption, Gross value added, Agricultural goods output, and Factor income.