Reflections on Sustainable Development Planning in the Agricultural Industry

2018 ◽  
Vol 9 (3) ◽  
pp. 591
Author(s):  
Aigul TLESOVA ◽  
Saule PRIMBETOVA ◽  
Aigul KAZAMBAYEVA ◽  
Saltanat YESSENGALIYEVA ◽  
Farida MUKHAMBETKALIYEVA

In the past few years, we have experienced a transition from the decades-long period of falling real prices of grains, and food more generally, to a new market environment in which commodity and food prices are higher, more volatile and more highly influenced by petroleum prices. The problems of reaction for price volatility, both in the short- and long-run, are complex and multifaceted. Looking back at the 2007/08 crisis, countries responded through a spectrum of policies, but were largely unprepared, resulting in ad hoc and short-term mechanisms. Countries maintaining food reserves used these to intervene directly in the market to stabilize domestic prices. Many food importing countries reduced import tariffs, while several surplus producing countries limited, or even banned, exports in order to avoid food shortages and further domestic price increases. For whatever actions governments consider taking, it is always important to keep in mind the full set of policy measures, the wider risks and possible responses for the targeted population. The following suggests that choosing appropriate policies requires a deeper understanding of the issues at stake. This paper analyses the various theoretical approaches to the planning of agricultural and food areas of Kazakhstan. The authors consider that the method of forecast scenarios is the most effective one.

2018 ◽  
Vol 19 (2) ◽  
pp. 268-287
Author(s):  
Corina Saman ◽  
Cecilia Alexandri

This paper deals with the dynamic response of exchange rates, inflation and agricultural foreign trade in Bulgaria, Poland and Romania to global food prices. We employ time-varying VARs with stochastic volatility to estimate the behaviour of these macroeconomic variables over the 2001M1–2015M12 period. The original contribution of this paper is that it captures the time variation and nonlinearities of the relationship between variables taking into account food price volatility and its macroeconomic implications. The main findings of the paper are: (i) high global food prices were transmitted to domestic economies causing pressure on inflation in the long run; (ii) in the short run the impact of a positive shock in international food price increases domestic inflation, depreci-ates the currency and reduces the agricultural trade; (iii) the vulnerabilities to global food prices are more pregnant for Romania and Bulgaria; (iv) the difference in the transmission of world prices is related to the different status of the countries as regards food and agricultural trade. The findings of the research would be significant for the governments to promote policies to help farmers respond to the rising of food prices by growing more and responding to export opportunities that may arise.


Author(s):  
Nelė Jurkėnaitė ◽  
Ivan Djuric

Over the last decade, Lithuanian pork sector faced dramatic changes, where trade relations with Russia had an important role. The research problem is defined as follows: how does the trade ban of Russia, imposed towards live pigs and pork originating from Lithuania, affect price changes on domestic Lithuanian pork market? The research aims at estimating the effects of the trade ban caused by the outbreak of the swine fever in Lithuania and providing proposals on situation development. The aim is achieved by analysing the transmission of price changes between Lithuanian and Russian pork markets by using the ARDL model. The results indicate a significant decrease in transmission of price changes, both in short- and long-run, from Lithuanian pig prices towards Russian domestic prices during the ‘2011 ban’ regime and further worsening of the situation during ‘2014 ban’ period that was mainly caused by the isolation of the Russian market and lack of export diversification strategy from the Lithuanian side. In Lithuania, high price volatility was not typical during the bans, while negative effects on welfare of farmers were evidenced by reduced trade volumes, which could be improved by biosafety and disease spread reducing measures, reassessing trade regulations and partners’ network.


2021 ◽  
Vol 13 (4) ◽  
pp. 49-60
Author(s):  
Onwusiribe Ndubuisi Chigozirim ◽  
Nto Philips Okore ◽  
Oteh Ogbonnaya Ukeh ◽  
Agwu Nnanna Mba

One of the most important economic factors in food choice is the price. Food dynamics' value is a subject of controversies and opinions, especially price issues, and sensitivity is often peculiar to seasons and market forces. Price dynamics have the potential to introduce and change consumptions, thus affecting household welfare. This study examined the dynamics of food price volatility and households' welfare in Nigeria from 1990: Q1 to 2019: Q4. We sourced the study data from the Food and Agriculture Organization (FAO) and the World Bank (WB). We estimated the quadratic trend equation, Generalized Autoregressive Conditional Heteroscedasticity (GARCH), and Auto-Regressive Distributed Lag (ARDL) models. Food prices and depth of food deficit had a significant short-run impact on the households' welfare. Policymakers should focus on the short-term benefits while formulating policies aimed at households' welfare because policies aimed at the household level are impactful in the short-run compared to the long-run.


2021 ◽  
Vol 9 (3) ◽  
pp. 516
Author(s):  
Alfu Mifta Khusufa ◽  
Dwi Haryono ◽  
Fembriarti Erry Prasmatiwi

The aims of this research are to analyze the level of food security, the factors that influence the level of household food security, and efforts to increase the level of food security of palm oil farmer households.   The location of this research is chosen purposively in Bangunrejo Sub district, Central Lampung Regency in which respondents are 75 palm oil farmers household.  The data were collected in January – March 2019 using a survey method and analyzed using cross-classification between the share of food expenditure and energy adequacy level, ordinal logistic regression, and descriptive qualitative analysis.  The results of the research showed that the majority of farmer households (61.33%) were classified as food secure, and the rest were classified as less food secure (28%), vulnerable to food (9.33%), and food insecure (1.33%).  The affecting factors on the level of food security were formal education level of housewives, households’ income, and number of household members. The efforts to increase the level of food security by Government were through monitoring food availability and food reserves, developing food distribution and stabilization of food prices, Program Keluarga Harapan (PKH), Raskin, and Bantuan Pangan Non Tunai (BPNT). Whereas, the efforts by palm oil farmer households were food loan (93.33%) and changing dietary habit (6.67%).Key words: cross-clasification, food security, palm oil farmer households


2012 ◽  
Vol 17 (1) ◽  
pp. 101-128 ◽  
Author(s):  
Henna Ahsan ◽  
Zainab Iftikhar ◽  
M. Ali Kemal

Controlling prices is one of the biggest tasks that macroeconomic policymakers face. The objective of this study is to analyze the demand- and supply-side factors that affect food prices in Pakistan. We analyze their long-run relationship using an autoregressive distributed lag model for the period 1970–2010. Our results indicate that that the most significant variable affecting food prices in both the long and short run is money supply. We also find that subsidies can help reduce food prices in the long run but that their impact is very small. Increases in world food prices pressurize the domestic market in the absence of imports, which cause domestic food prices to rise. If, however, we import food crops at higher international prices, this can generate imported inflation. The error correction is statistically significant and shows that market forces play an active role in restoring the long-run equilibrium.


2020 ◽  
Author(s):  
Richmond Sam-Quarm ◽  
Mohamed Osman Elamin Busharads

The aim of this paper is to explore the reasons of gold price volatility. It analyses the information function of the gold future market by open interest contracts as speculation effect, and further fundamental factors including inflation, Chinese yuan per dollar, Japanese yen per dollar, dollar per euro, interest rate, oil price, and stock price, in the short-run. The study proceeds to build a Dynamic OLS model for long-run equilibrium to produce reliable gold price forecasts using the following variables: gold demand, gold supply, inflation, USD/SDR exchange rate, speculation, interest rate, oil price, and stock prices. Findings prove that in the short-run, changes in gold price does granger cause changes in open interest, and changes in Japanese yen per dollar does granger cause changes in gold price. However, in the long-run, the results prove that gold demand, gold supply, USD/SDR exchange rate, inflation, speculation, interest rate, and oil price are associated in a long-run relationship.References


Author(s):  
David Adugh Kuhe

This study investigates the dynamic relationship between crude oil prices and stock market price volatility in Nigeria using cointegrated Vector Generalized Autoregressive conditional Heteroskedasticity (VAR-GARCH) model. The study utilizes monthly data on the study variables from January 2006 to April 2017 and employs Dickey-Fuller Generalized least squares unit root test, simple linear regression model, unrestricted vector autoregressive model, Granger causality test and standard GARCH model as methods of analysis. Results shows that the study variables are integrated of order one, no long-run stable relationship was found to exist between crude oil prices and stock market prices in Nigeria. Both crude oil prices and stock market prices were found to have positive and significant impact on each other indicating that an increase in crude oil prices will increase stock market prices and vice versa. Both crude oil prices and stock market prices were found to have predictive information on one another in the long-run. A one-way causality ran from crude oil prices to stock market prices suggesting that crude oil prices determine stock prices and are a driven force in Nigerian stock market. Results of GARCH (1,1) models show high persistence of shocks in the conditional variance of both returns. The conditional volatility of stock market price log return was found to be stable and predictable while that of crude oil price log return was found to be unstable and unpredictable, although a dependable and dynamic relationship between crude oil prices and stock market prices was found to exist. The study provides some policy recommendations.


2021 ◽  
Vol 9 (3) ◽  
pp. 531
Author(s):  
Elok Dinar Anggitasari ◽  
Yaktiworo Indriani ◽  
Fembriarti Erry Prasmatiwi

The aims of this research are to analyze the level of food security, the factors that affect the level of food security, and efforts to increase the level of food security of coffee farmer households.  The method used in this research is a survey method.  Location is chosen purposively in Ngarip and Sukamaju Villages, Ulu Belu Subdistrict, Tanggamus regency with samples of 70 coffee farmer households selected using a simple random method.  The data were primary and secondary data, collected in May - July 2018 and analyzed by cross-table between the share of food expenditure and energy adequacy level, ordinal logistic regression, and descriptive qualitative analysis.  The results of the research according to BPS showed that the majority of respondents belonged to the category of food secure (31.43%), and the rest belonged to the category lack of food (30.00%), food vulnerable (22.86%), food insecure (15.71%).  The results according to nutrition and 2012 food law showed that the majority of respondents belonged to the category of food security (50.00%), lack of food (41.43%), food vulnerable (5.71%), and food insecure (2.86%).  The affecting factors on the level of food security were the household income and education level of housewives.  The efforts to increase the level of food security by Government were conducted by monitoring of food availability and food reserves, developing food distribution and stabilization of food prices, developing diversification of consumption and food security as well as staple food assistance through the raskin program, whereas efforts are carried out by households coffee farmers, namely by doing productive activities outside the coffee farm.Key words: coffee farmer households, food expenditure, food security


Significance Last year brought yet another large grain harvest and other farming sectors including meat and dairy performed well. However, a second year of export restrictions on wheat reflects political worries about managing domestic prices, not actual food availability. Impacts As expected, Russia has renewed its food embargo against Western nations to the end of 2021. A Russian ban on certain produce from Uzbekistan, later reversed, may reflect political friction more than safety concerns. To offset the loss of Uzbek tomatoes, Russia has increased its import quota for Turkey by 25%.


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