The impact of agricultural input costs on food prices in Turkey: A case study

IF 1.9 4区 经济学 Q2 AGRICULTURAL ECONOMICS & POLICY
Sefa Işık, Fatih Cemil Özbuğday
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引用次数: 6

Abstract

Food price inflation has been a significant subject of debate in Turkey since food prices soared in 2018. The study examines the linkage between agricultural input prices and food prices in Turkey by using quantitative method approaches with the monthly data spanning from 2015-M01 to 2020-M01. A co-integration analysis is performed using the autoregressive-distributed lag (ARDL) bounds test approach and Maki co-integration test with structural breaks. Additionally, the fully modified ordinary least square (FMOLS), dynamic ordinary least squares (DOLS), and canonical co-integrating regression (CCR) are applied to verify the results of the ARDL approach. The analysis demonstrates a significant, long-running relationship between agricultural input prices and food prices in Turkey. The long-run agricultural input price elasticities are found to be in the range of 1.30–1.36.
农业投入成本对土耳其食品价格的影响:一个案例研究
自2018年食品价格飙升以来,食品价格通胀一直是土耳其争论的一个重要话题。本研究利用2015- 01年至2020- 01年的月度数据,采用定量方法考察了土耳其农业投入价格与食品价格之间的联系。协整分析采用自回归分布滞后(ARDL)界检验方法和结构断裂的Maki协整检验进行。此外,采用全修正普通最小二乘(FMOLS)、动态普通最小二乘(DOLS)和典型协整回归(CCR)对ARDL方法的结果进行了验证。分析表明,土耳其农业投入价格与食品价格之间存在显著的长期关系。长期农业投入价格弹性在1.30 ~ 1.36之间。
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来源期刊
Agricultural Economics-Zemedelska Ekonomika
Agricultural Economics-Zemedelska Ekonomika Agricultural Economics & Policy-
CiteScore
4.30
自引率
4.50%
发文量
47
审稿时长
30 weeks
期刊介绍: An international peer-reviewed journal published under the auspices of the Czech Academy of Agricultural Sciences and financed by the Ministry of Agriculture of the Czech Republic. Published since 1954 (by 1999 under the title Zemědělská ekonomika).Thematic scope: original scientific papers dealing with agricultural subjects from the sphere of economics, management, informatics, ecology, social economy and sociology. Since 1993 the papers continually treat problems which were published in the journal Sociologie venkova a zemědělství until now. An extensive scope of subjects in fact covers the whole of agribusiness, that means economic relations of suppliers and producers of inputs for agriculture and food industry, problems from the aspects of social economy and rural sociology and finally the economics of the population nutrition. Papers are published in English.
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