scholarly journals Evaluation of producer inflation, subsidies and profitability of vegetables and grains in Sinaloa, 2018-2019

Author(s):  
C. G. Borbón-Morales ◽  
Miguel A. Martínez-Téllez ◽  
EDGAR OMAR RUEDA PUENTE

Objective: To evaluate producer inflation, equity in PROCAMPO subsidy distribution, as well as profitability of eight agricultural products in the state of Sinaloa, 2018-2019 cycle.Design/Methodology/Approach: First, inflation is estimated in the value of agricultural production, using the agricultural producer price index (INPP) base 2019. Second, the inequality in the allocation of PROCAMPO is calculated with Lorenz curves. Third, the internal rate of return (IRR) is estimated for the eight products and compared with the 28-day yield of the treasury certificates (CETES).Results: The current values generated show growth in cereals (corn, wheat), and vegetables (tomato, chili peppers), with downward inflationary gaps in the period 2000-2019. There is a concentration of the PROCAMPO allocation in producerswith high income deciles. The IRR is high in vegetables, and low in corn and beans.Study Limitations/Implications: This study does not specify the size of the productive unit and only the data is generalized. It does not address marketing channels and their destinations.Findings/Conclusions: The producer is assuming the inflationary increase. Income transfers via PROCAMPO areinequitable. The IRR in corn and beans is sometimes less profitable than CETES.

Author(s):  
Joel Chiadikobi Nwaubani ◽  
Adanma Ngozi Ohia ◽  
Christiana Uzoma Ezechukwu ◽  
Peace Opara ◽  
Chinwe Adaugo Uzokwe ◽  
...  

The structure of the European Union producer price indices, nominal total agricultural production varies from one country to another. The EU agricultural price indices involve the index of producer prices of agricultural products and the index of purchase prices of the means of agricultural production. The purpose of agricultural price indices is to unveil trends in the prices of individual agricultural products and purchase prices of the means of agricultural production. Moreover, the objective of the applying statistics on agricultural prices is to make comparisons between member states and also for economic analyses. Absolute agricultural prices are needed for many model calculations and for the ascertainment of price elasticity. The means through which these objectives could be achieved are believed to be when the absolute prices are compared between the member states, and also, when the products for which the prices from the respective member state are to be recorded for economic relevance. These objectives are not always compatible and sometimes require some compromise. In this study, we evaluate the price indices of domestic agricultural production as a whole in the EU24, using the most accurate association model of the Categorical Data Analysis. Figures from the Eurostat office calculated on annual base year from 2005-2017 were used to analyse this study. Since the main focus is to have a better understanding of producer price indices, nominal total domestic agricultural production, the analysis of association table (ANOAS) is given in order to ascertain the percentage of the data which is covered by each model. We find and estimate the association model with the best fit and in conclusion we find out that the Row-Effects Association Model (R) has the best fit because it covers 93% of the data, thereby giving the best fit among all.


1984 ◽  
Vol 56 (3) ◽  
pp. 163-174
Author(s):  
Lauri Kettunen

Long term supply elasticities for basic agricultural products are needed for forecasting and planning of agricultural production. Despite many econometric studies on supply elasticities in Finland, so far no coherent analysis covering all products has been made. This shortcoming is the background for this study. Ordinary least squares were first used to estimate the elasticities, but since the residuals were in many cases autocorrelated, autoregressive models were also applied. The fit of the models did not improve much, but the autocorrelation disappeared, particularly when second order models were estimated. The long term supply elasticities seem to be small in general, a fact which also corresponds to expectations and earlier studies. The estimation of cross elasticities was not very successful and only one or two variables in addition to the producer price of the product concerned, could be included in the models. The estimation of supply elasticities proved to be sensitive to the inclusion of a new variable or a new observation. This may be due to the small number of observations or due to the rapid change in supply conditions which may be difficult to explain by econometric methods.


2017 ◽  
Vol 1 (2) ◽  
pp. 131-136 ◽  
Author(s):  
Deni Apriadi ◽  
Arie Yandi Saputra

The agricultural sector has an important role in supporting the Indonesian economy. But on the other hand, sometimes many community groups do not benefit due to problems that arise because the distribution chain of agricultural products are long enough, especially for farmers and consumers (end users). Of course the situation must be improved, so that the agricultural products of Indonesia can be enjoyed by consumers or farmers with proper. One of its efforts is by establishing an e-commerce based e-commerce system in agriculture. E-commerce based ecommerce system can be used as an alternative for farmers, used as a media campaign, communication and information and can cut the distribution chain of agricultural products marketing. The benefits felt by farmers and consumers directly and indirectly give a positive influence, especially from the broader marketing channels of agricultural products can increase production demand and spur the procurement of production among farmers and also the price offered to consumers will be cheaper so that sales in agricultural products can be more increased and profitable for farmers


2018 ◽  
Vol 1 (4) ◽  
pp. 9-18
Author(s):  
Rasulov Tulkin Sattarovich ◽  
Khushvaktov Kuvonchbek Ravshanovich

In today’s world of swiftly increasing global economy and continuously changing international trade laws and technology exchange rate plays a pivotal role in the production, price formation, export and import of agricultural products. For many years exchange rate as an integral part of agricultural economics has been ignored. The present study was intended to investigate exchange rate as an impacting factor on the agricultural production. It also considers the researches that have been carried about the impact of the exchange rate on prices and export of agricultural products, theirs analyses and how much impact it has in the situation of Uzbekistan.


Stanovnistvo ◽  
1999 ◽  
Vol 37 (1-4) ◽  
pp. 141-161
Author(s):  
Marina Todorovic ◽  
Gordana Vojkovic

The author begins by discussing the relationship between agriculture and population at a theoretical level, proceeds with a historical review of changes in the role and significance of an individual as agricultural producer, and finally, analyzes population as an element (potentials - limitations) of agricultural development in Serbia. The overall production results, and particularly the propensity to technical and technological innovation, as well as the ability to adapt to the changed conditions are, as we know well, crucially dependent on the structure of the working population. Hence, the author discusses regional differences in agricultural population by age, sex, level of education and productivity to provide a clear illustration of the impact of this element (indicator) on the population as the factor of agricultural production. The results show significant macroregional differences by this element with respect to the average for Serbia.


Author(s):  
Gennadiy A. Polunin ◽  

The article is devoted to substantiating the prospects for increasing the marginal volumes of agricultural production for export in the next four years. Two scenarios of such production are considered: 1) expansion and 2) intensification of the use of land resources. As part of the development of the first scenario, an analysis of the distribution of unused agricultural land, including arable land, by federal districts was carried out. Also, based on the forecast of the introduction of additional annual volumes of acreage in the subjects of the Federation, the calculation of additional volumes of agricultural production, which can be expected in the next four years, was carried out. The analysis of data on the increase in the yield of export-oriented crops over the past five years has been carried out, in the framework of the second scenario, the calculation of the projected additional yield due to the intensification of agriculture is presented. The results of the study indicate that the intensification of agriculture will have the greatest impact on the growth of production and export of agricultural products in the near future.


Author(s):  
Оlena Stefan ◽  

The article, based on a comprehensive analysis of regulations, doctrinal approaches and case law, substantiates the understanding of the term "agriculture" in terms of purpose (use) of land. Direct analysis of regulations revealed that agricultural land is land provided for agricultural production, agricultural research and training activities, location of relevant production infrastructure, including infrastructure of wholesale markets for agricultural products, or intended for these purposes. In turn, the purpose of the land is the permissible limits of land use by citizens and legal entities (acquirers of such a right) established by law and specified by the relevant body (which transfers such land into ownership or use). The basis for determining the purpose of the land is its belonging to the appropriate category. The main criterion, for example, to distinguish agricultural production (agricultural activity) from other activities is the use of agricultural land as the main (basic) means of production. As a result of the study, it was concluded that the term "agriculture" can be understood in its broad and narrow sense. In a broad sense, the term "agriculture" is the use of land for commercial agricultural production, farming, personal farming, subsidiary agriculture, individual and collective gardening, haymaking and cattle grazing, for research and training purposes, provision of services in agriculture, placement of infrastructure of wholesale markets for agricultural products, as well as other activities on agricultural land, depending on the activities provided by law and the constituent documents of the economic entity. In a narrow sense – this is the purpose of agricultural land. The understanding of the term "agriculture" as the purpose of agricultural land is used by the court in resolving disputes.


Author(s):  
Magdalena Golonko ◽  
Marcin Wysokiński ◽  
Arkadiusz Gromada

The main purpose of the article was to assess the regionalization of agricultural production in the world and the changes occurring in this aspect. The article presents the concentration level of agricultural production in the world by continent. The source of materials was data from FAOSTAT. The research period covered the years 2004 - 2016. In the analyzed period, the value of gross agricultural production doubled. Various trends were observed within the period studied. In the years 2004-2010, in all regions of the world, there was an increase in gross production of agriculture, while in the period 2010-2016 only in two – North America and Asia. It was noted that there was a high concentration of agricultural production, mainly concentrated in Asia and Europe. In the analyzed period, there was a relative increase in the share of agricultural production in Asia and South America as compared to other regions. Individual groups of agricultural products, such as cereals and animal production, were also analyzed. In both cases, concentration was different. The pace of concentration in animal production was higher than in plant production.


2017 ◽  
Vol 23 (4) ◽  
pp. 1649-1663
Author(s):  
Monika Junicke

I use a two-country dynamic stochastic general equilibrium (DSGE) model with a nonzero steady-state inflation to study monetary policy in transition economies. In particular, my analysis focuses on whether inflation targeting is based on a consumer price index (CPI) or its producer counterpart, producer price index (PPI). This issue is specifically relevant for transition economies as they might be subject to Balassa–Samuelson effects arising from trading in international markets. Under these circumstances, domestic inflation is possibly higher than imported inflation, hence targeting PPI inflation may prove more effective in influencing domestic macroeconomic variables than targeting CPI inflation. Using a Bayesian methodology, I find that the central banks of three Eastern European countries (namely, the Czech Republic, Hungary, and Poland) are likely to target PPI inflation rather than CPI inflation. This result is in line with the theoretical predictions in the literature, and is robust across several Taylor-type rules.


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