scholarly journals Milk Market Integration between Poland and the EU Countries

Agriculture ◽  
2020 ◽  
Vol 10 (11) ◽  
pp. 561
Author(s):  
Monika Roman ◽  
Michał Roman
Keyword(s):  
Market Integration ◽  
Raw Milk ◽  
Agricultural Products ◽  
Eu Countries ◽  
Milk Market ◽  
The Eu

Milk is one of the most essential agricultural products in the EU. One of the major milk producers in the EU is Poland. Polish farmers account for supplying 8% of the total EU production. Nevertheless, Polish milk prices differ from the prices recorded in its western neighbors. The aim of the article has been to evaluate the dynamics of the relationships between milk prices in Poland and in the EU countries. To develop it, the monthly raw milk prices, covering the period January 2005 through December 2018, were applied. The calculations were made for the entire selected period as well as for two sub-periods: 2005–2011 and 2012–2018. The results were used to confirm the milk market integration between Poland and the EU countries. Besides, it must be noted that the relations increased considerably since 2012. The EU countries which have recorded the greatest impact on the prices in Poland are Germany, Ireland, France and Slovakia.

scholarly journals Spatial Integration of the Milk Market in Poland

2020 ◽  
Vol 12 (4) ◽  
pp. 1471 ◽  
Author(s):  
Monika Roman
Keyword(s):  
Agricultural Production ◽  
Granger Causality Test ◽  
Raw Milk ◽  
Point Of View ◽  
Spatial Integration ◽  
Causality Test ◽  
Price Differences ◽  
Milk Market ◽  
The Eu

The production of milk is an essential branch of agricultural production in Poland. There have been considerable changes in the milk market in Poland over the last 20 years (such as, e.g., the adjustment of the market to the EU requirements, which had an impact on the functioning of this market as well as its spatial integration. This research mainly aimed to assess the processes of spatial integration on the Polish milk market in the period 1999–2018. In order to process the material collected, the author applied the analysis of price differences, the analysis of correlation, the Johansen test of cointegration and the Granger causality test. As a result of the research conducted, it was found that there is a long-term balance between prices in various voivodeships in Poland. Moreover, the closer the voivodeships were to one another, the greater the co-variability of prices was between them. In addition, it was indicated which voivodeships were crucial from the point of view of the process of revealing and determining raw milk prices in Poland by two distinguished periods (1999–2008 and 2009–2018).

scholarly journals The Determinants Of European Union (EU) Foreign Direct Investments In The EU Countries From Central And Eastern Europe During 1994–2012

2017 ◽  
Vol 20 (1) ◽  
pp. 75-99 ◽  
Author(s):  
Donny Tang
Keyword(s):  
Stock Market ◽  
Market Integration ◽  
Large Scale ◽  
Banking Sector ◽  
Bank Credit ◽  
Market Size ◽  
Foreign Direct Investments ◽  
Eu Countries ◽  
Positive Effect ◽  
The Eu

This study examines whether the CEECs’ financial market development can explain the EU FDI in the CEECs during 1994–2012. The higher bank credit flows had a positive effect on the FDI in 2005–2012. This can be attributed to the major banking sector reforms undertaken before the CEECs’ EU accession. Second, the stock market size had a positive effect in 1997–2004. This is due to the fact that the EU membership announcement facilitated deeper stock market integration. Third, the higher country income, in interaction with a higher bank credit flow, had only a small positive effect in 2005–2012. The higher income CEECs have pursued much deeper bank liberalization through large-scale privatization of state-owned banks. Finally, the higher country income, in interaction with a larger stock market size, had a negative effect in 2005–2012. A possible reason for this is that the EU countries have started to divert their new FDI to the non-EU countries.

scholarly journals DILEMMAS OF MEASURING AND EVALUATING INCOME IN AGRICULTURE IN THE EUROPEAN UNION

2020 ◽  
Vol XXII (1) ◽  
pp. 289-299
Author(s):  
Henryk Runowski
Keyword(s):  
European Union ◽  
Agricultural Production ◽  
Agricultural Products ◽  
The European Union ◽  
Eu Countries ◽  
Agricultural Income ◽  
Farmer Income ◽  
The Eu

The aim of the article is to outline problems related to the measurement and assessment of income in European Union agriculture. Research shows that measuring agricultural income, as well as assessing differences in income between EU countries are a matter of many doubts. They not only result from problems of a methodical nature, but also from specific solutions of a cultural nature (e.g. sale of a successor farm or free family transfer). The methodology used to determine income in agriculture currently used in the European Union only takes income resulting from agricultural production and the processing of agricultural products as well as other activities directly related to agricultural production into account. Other sources of farmer income are ignored. This applies, for example, to remuneration for work outside the farm, social allowances and revenues from the lease or rental of property resources. Thus, the methodology used to determine the income of persons related to agriculture prevents or at least hinders the full assessment of the income situation of farmers in the EU and in individual countries, including Poland. The current way of measuring farmer income causes certain economic and social repercussions and is often criticized. The conclusion is that there is a need to improve the methodology of measuring income in agriculture.

scholarly journals Ensuring the financial safety of Ukrainian agricultural enterprises in the context of export products and the impact on macroeconomic indicators

VUZF Review ◽  
2021 ◽  
Vol 6 (3) ◽  
pp. 186-195
Author(s):  
Maksym Bezpartochnyi ◽  
Igor Britchenko ◽  
Olesia Bezpartochna
Keyword(s):  
Foreign Exchange ◽  
Economic Activity ◽  
Agricultural Products ◽  
Financial Indicators ◽  
Internal Environment ◽  
Agricultural Enterprises ◽  
Eu Countries ◽  
Macroeconomic Indicators ◽  
The Impact ◽  
The Eu

This article is devoted to the study of directions of financial safety of Ukrainian agricultural enterprises through the assessment of indicators economic activity and analysis of the export potential of agricultural products. The financial indicators of economic activity of Ukrainian agricultural enterprises, which affect the ensuring of financial safety, are determined. The activity of large Ukrainian agricultural enterprises in terms of their capitalization and formation of own capital are studied. Analyzed the commodity structure of exports agricultural products of Ukrainian agricultural enterprises and determined the amount of foreign exchange earnings from EU countries. Due to economic-statistical and mathematical tools, a study of the dependence of GDP and the euro on foreign exchange earnings from exports of agricultural products of Ukrainian agricultural enterprises to the EU countries. Offered the scheme of directions of maintenance of financial safety of the agricultural enterprises of Ukraine in the context of internal environment of activity of economic entities and stabilization of macroeconomic indicators of the country.

scholarly journals PROBLEMS AND PROSPECTS OF THE DEVELOPMENT OF THE AGRICULTURAL MARKET OF UKRAINE AT THE EXPENSE OF TRUFFLE EXPORTS TO EU COUNTRIES

2020 ◽  
Author(s):  
Svitlana Maschenko ◽  
◽  
Liudmyla Tiveriadska ◽  
Daria Vydai ◽  
◽  
...  
Keyword(s):  
Agricultural Production ◽  
Agricultural Sector ◽  
Agricultural Products ◽  
Land Market ◽  
Eu Countries ◽  
The Past ◽  
Food And Agriculture ◽  
Food And Agriculture Organization ◽  
Livestock Products ◽  
The Eu

The article provides economic indicators of the EU and Ukraine, in particular the share of agriculture and indicators of food exports and imports. The changes that took place have been analyzed in the land market and in general in the market of agricultural products of Ukraine, and it was found that during 2015-2019 there was a negative trend of decreasing economic efficiency of agricultural production. It is concluded that the level of profitability of production of horticultural, grain and legume crops tends to decrease. It was found that the structure of exports of Ukrainian products is dominated by crop products, and the share of livestock products is insignificant. Noted that the increase in the value of exports of agricultural goods over the past three years is positive and the most profitable now will be the export of truffles from Ukraine to EU countries. According to FAOSTAT (Food and Agriculture Organization of the United Nations), namely the indicators of profitability and production of truffles, a conclusion was made on the competitiveness of Ukrainian truffles in the EU market. It has been determined that the agricultural sector activity has positive and negative moments in the territories of Ukraine. It has been concluded that the Ukrainian government has to focus on a policy aimed at balancing the tax burden, introducing certification for the European market.

BUTTER MARKET INTEGRATION BETWEEN POLAND AND SELECTED EUROPEAN UUNION COUNTRIES

2017 ◽  
Vol XIX (4) ◽  
pp. 169-174
Author(s):  
Monika Roman
Keyword(s):  
Market Integration ◽  
Secondary Data ◽  
Causality Analysis ◽  
Pearson’S Correlation ◽  
Eu Countries ◽  
Cointegration Tests ◽  
Johansen Cointegration ◽  
Pearson's Correlation ◽  
Milk Market ◽  
Second Period

The aim of the paper was to determine the links between butter prices in Poland and butter prices in selected EU countries. The article uses secondary data for the monthly price of butter at the level of EU countries collected by the Milk Market Observatory and the portal CLAL.IT for 2007-2016. The analyzed period was divided into two periods: 2007-2011 and 2012-2016. The article uses Pearson’s correlation, Johansen cointegration tests, and Granger’s causality analysis. The results of the study confirmed the stronger link between butter prices in Poland and EU butter prices in the second period.

scholarly journals The Determinants of FDI Sectoral Structure in the Central and East European EU Countries

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 66
Author(s):  
Mario Pečarić ◽  
Tino Kusanović ◽  
Pavle Jakovac
Keyword(s):  
Market Integration ◽  
Manufacturing Sector ◽  
Capital Inflows ◽  
Fdi Inflows ◽  
East European ◽  
Services Sector ◽  
Eu Countries ◽  
Sectoral Structure ◽  
Gdp Growth Rate ◽  
The Eu

The EU model of market integration, based on financial openness, leads to divergence and sectoral specialization, which makes the convergence of Central and East European EU countries (CEE) in the EU questionable. The idea of the paper is that forms of foreign direct investment (FDI) have a differential effect on the growth and development of countries—i.e., it is assumed that FDI inflows into the manufacturing sector have a greater intensity and impact on economic growth than inflows into the services sector. Therefore, the aim of this paper is to analyze the system determinants and transmission mechanisms of the sectoral structure of FDI inflows on the sample of 10 CEE for the period 1995–2019. Following a critical analysis of previous research, a panel model was constructed in the empirical section. A developed credit market and the purchasing power of residents lead to greater capital inflows into the services sector, while a higher GDP growth rate and a depreciated real exchange rate lead to higher inflows into the manufacturing sector. The conclusion of the paper is that changing the structure of the domestic economy based on clear industrial and investment policies is the best way to attract developmentally efficient FDI.

scholarly journals COMPETITIVENESS OF DAIRY PRODUCTS EXPORT TO RUSSIA AND ALTERNATIVE MARKETS

2016 ◽  
Vol 38 (4) ◽  
pp. 425-435
Author(s):  
Birutė Stankaitytė
Keyword(s):  
Dairy Products ◽  
International Competitiveness ◽  
Local Region ◽  
Agricultural Products ◽  
Trade Regime ◽  
Eu Countries ◽  
Competitiveness Index ◽  
Alternative Markets ◽  
The Eu

In order to protect certain sectors, Russia has introduced some new protectionist measures for EU agricultural products such as meat and dairy products. Russia is a member of WTO for four years, but is still not respecting its WTO commitments concerning the liberalisation of trade regime. The research was conducted in order to measure the level of competitiveness of Lithuanian dairy products in trade with Russia and in alternative markets. Measuring the competitiveness, International competitiveness index in the specific (local) region (LIIC) was used. The research has found an increase in the competitiveness of export of dairy products in EU-28 countries and countries outside the EU markets. The results differed by level of competitiveness among two groups of countries. In the period of analysis, LIIC index was higher in the first group than in the second group of EU countries.

scholarly journals Oligopsony power in agricultural market: the case of the Lithuanian raw milk market

2015 ◽  
Vol 37 (1) ◽  
pp. 114-121
Author(s):  
Aldona Stalgienė ◽  
Andrej Jedik
Keyword(s):  
Market Power ◽  
Raw Milk ◽  
Agricultural Products ◽  
Food Supply Chain ◽  
Processing Industry ◽  
Milk Processing ◽  
Empirical Industrial Organization ◽  
Power Models ◽  
Milk Market ◽  
Oligopsony Power

As the milk in Lithuania produces by a lot of milk producers, who sell their product to several customers (several large dairy processors), a hypothesis appears, that Lithuanian raw milk sector is oligopsonic. In this case, the price is not determined by the product producer, but by the buyers. This situation is typical for many agricultural products in food supply chain. This study aims to determine the market power of the Lithuanian milk processing industry on the market of raw milk. An empirical analysis is based on the New Empirical Industrial Organization (NEIO) market power models. Empirical research has showed that there was an oligopsony (0.28) in the Lithuanian raw milk market.

Sign in / Sign up

Export Citation Format

Share Document