scholarly journals Causality Analysis of the Factors Affecting the Consumer Price of Veal: The Case of Turkey

2020 ◽  
Vol 12 (15) ◽  
pp. 6257
Author(s):  
Burak Mat ◽  
Mehmet Saltuk Arikan ◽  
Mustafa Bahadir Çevrimli ◽  
Ahmet Cumhur Akin ◽  
Mustafa Agah Tekindal
Keyword(s):  
Production Costs ◽  
Causality Analysis ◽  
Short Term ◽  
Producer Price ◽  
Monthly Data ◽  
Factors Affecting ◽  
Producer Prices ◽  
Macro Variables ◽  
The Relationship ◽  
Input Prices

It is interesting to identify the reasons and the direction of the correlation between the input/output prices and the macro/micro parameters in animal production processes. In the present study, the time series of the monthly data between the years 2014 and 2019 were analyzed to examine the factors that affected the consumer price of carcass meat in Turkey. An attempt was made to identify the relationship between the consumer price of carcass meat and the prices of cattle fattening feed, the exchange rate of the dollar, producer price index (PPI), and the agricultural PPI, which were anticipated to affect the consumer price of carcass meat as determined by the Granger causality analysis. According to econometric analysis results, when there is a change in carcass producer price, cattle fattening feed and PPI in the short term, the consumer price of carcass meat is affected by this. The producer price of carcass and PPI variables are determined to be the cause of each other’s Granger. At the same time, the PPI variable and the consumer price of carcass meat and dollar rate variables were found to be the cause of each other’s Granger. If Turkey is to prevent the excessive fluctuations in the consumer- and producer-prices of carcass meat caused by macro variables, an effective price control mechanism should be put into practice. It seems that this change would be possible only by developing and implementing policies to lower the input prices and production costs.

scholarly journals Concentration of Banking Sector and Loan Markups in Short Term: An Example from Poland

2014 ◽  
Vol 5 (2) ◽  
pp. 26-44
Author(s):  
Krysztof Drachal
Keyword(s):  
Monetary Policy ◽  
Banking Sector ◽  
Mortgage Market ◽  
Future Research ◽  
Simple Linear Regression ◽  
Short Term ◽  
Monthly Data ◽  
Regression Techniques ◽  
The Difference ◽  
The Relationship

The aim of this paper is to present an analysis of the relationship between concentration of the banking sector and banks' markups on offered loans. The markup is understood as the difference between the rate offered by banks and the reference rate fixed by the Monetary Policy Council. The period between 2009 and 2013 was analyzed. Monthly data from the Polish banking sector were considered. This paper also consists of the literature review, which focuses on the mortgage market. The methodology used for the analysis is based mainly on simple linear regression techniques. It is found that such methods are not sufficient to give conclusive answers. Therefore additional future research is proposed.

scholarly journals Analisis Indeks Harga Konsumen di Indonesia Melalui Pendekatan Kointegrasi

2019 ◽  
Vol 4 (2) ◽  
pp. 110-118
Author(s):  
Muhamad Muin ◽  
Keyword(s):  
Exchange Rate ◽  
Empirical Study ◽  
Money Supply ◽  
Price Index ◽  
Consumer Price Index ◽  
Data Series ◽  
Short Term ◽  
Monthly Data ◽  
The Relationship

This study aims to analyze the relationship between the rupiah exchange rate (RER) and the money supply (M1) on the outgrowth of the consumer price index (CPI) in Indonesia. The data used in this study are monthly data series from January 2005 to January 2019. The results of this empirical study shows that there is a relationship between RER and M1 on CPI in the long term and there is a correction in the short term balance (ECM) which is influenced by M1. All of these variables are significant at α = 5% and partly significant at α = 1%.

scholarly journals Evaluating Factors Affecting the Time Interval Between Propofol Injection and Induction of Electro-convulsion and Relationship Between These Factors and Duration of Convulsion

2021 ◽  
Vol 11 (4) ◽  
Author(s):  
Alireza Haji Seyed Javadi ◽  
Ehsan Najafian ◽  
Hamid Kayalha ◽  
Ali Akbar Shafikhani
Keyword(s):  
Clinical Severity ◽  
Seizure Threshold ◽  
Current Evidence ◽  
P Value ◽  
Time Interval ◽  
Short Term ◽  
Seizure Duration ◽  
Factors Affecting ◽  
The Relationship

Background: Current evidence on the effect of anesthetic-ECT time interval (AETI) is controversial. This study aimed to investigate the factors affecting the time interval between propofol injection and electro-convulsion induction and the relationship between these factors and the duration of convulsion. Methods: In this study, 102 patients (616 sessions of ECT) were studied. Demographic and clinical data (age, gender, receiving or not receiving medications that affected the seizure threshold, the total number of ECT sessions, clinical severity of admission scores, clinical diagnosis, propofol dose, seizure duration, and AETI) were collected in special forms and analyzed by appropriate statistical methods. Results: Sessions with long-term AETI had longer seizure time than sessions with short-term AETI (33.47 ± 8.46 vs. 28.68 ± 9.74, P value < 0.05). The duration of seizures was significantly longer in the group with long AETI in sessions 1, 2, and 4 than in the other group (P value < 0.05). There was a significant relationship between the duration of seizures and propofol dose, AETI, and receiving drugs effective in the seizure threshold (P value < 0.05). Conclusions: The results showed that increasing AETI and injecting a lower dose of propofol to induce anesthesia would increase the duration of seizures. Also, taking medications that would affect the seizure threshold reduces the duration of seizures.

scholarly journals Causality Analysis of Producer Price Index (PPI) and Consumer Price Index (CPI) in Indonesia

2018 ◽  
Vol 7 (1) ◽  
pp. 60-77
Author(s):  
Debby Anggraeni ◽  
Tony Irawan
Keyword(s):  
Granger Causality ◽  
Price Index ◽  
Consumer Price Index ◽  
Jel Classification ◽  
Data Series ◽  
Causality Analysis ◽  
Producer Price ◽  
Producer Price Index ◽  
Bidirectional Relationship ◽  
The Relationship

This study aims to investigate the relationship between PPI inflation and CPI inflation in Indonesia both in general and for each group of commodity, and to identify whether PPI inflation can be a leading indicator for CPI inflation or vice versa. This study employs Granger causality based on VAR model for monthly data series from January 2010 until August 2016. The results show that there are unidirectional relationship between PPI inflation and CPI inflation generally, bidirectional relationship from PPI inflation to CPI inflation for foodstuffs group, unidirectional from CPI inflation to PPI inflation for clothing group, and no causality between PPI inflation and CPI inflation for processed food, beverage, cigarette, and tobacco group.Keywords: Granger causality, producer price index, consumer price index, VAR JEL classification: E31, C22

scholarly journals ANALYSIS OF FACTORS AFFECTING THE INDONESIAN SYARIAH STOCK INDEX (ISSI) ON THE INDONESIAN STOCK EXCHANGE (IDX)

2019 ◽  
Vol 8 (2) ◽  
pp. 26
Author(s):  
Siska Angriani Hasibuan ◽  
Armin Rahmansyah
Keyword(s):  
Exchange Rate ◽  
Stock Exchange ◽  
Stock Index ◽  
Variable Amount ◽  
Short Term ◽  
Correction Model ◽  
Factors Affecting ◽  
Independent Variables ◽  
The Relationship

The Indonesian Syariah Stock Index (ISSI) is an indicator that can be used by investors to know the movements of the sharia stock market. This research aims to analyze the effect of the Indonesian Syariah Stock Index (ISSI) on the Indonesian Stock Exchange (IDX). The analysis uses equations by the method of Error Correction Model (ECM). This study analyzed the relationship between the dependent and independent variables in both the short term and long term. Estimation results show that in the long term and the short term, the variable amount of the inflation was a positif and significant in the short term but not significant in the long term affect the Indonesian Syariah Stock Index (ISSI). The variable amount of the BI rate and exchange rate was a negative and significant in the short term but not significant in the long term affect the Indonesian Syariah Stock Index (ISSI). These results show that inflation, BI rate and exchange rate was significant in the short term affect the Indonesian Syariah Stock Index (ISSI) on the Indonesian Stock Exchange (IDX).

scholarly journals Financial Development and Economic Growth: Evindence From Azerbaijan

2021 ◽  
Vol 18 ◽  
pp. 237-252
Author(s):  
Ilkin Mammadov ◽  
Azerbaijan Fariz Ahmadov
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
Financial Development ◽  
Financial Crises ◽  
Model Estimation ◽  
Causality Analysis ◽  
Economic Activities ◽  
Monthly Data ◽  
The Impact ◽  
The Relationship

The impact of financial development on economic growth has always been an important issue. Especially when financial crises occur, the relationship between financial markets and financial crises and economic activities is on the agenda. The main purpose of this study is to determine the relationship between financial development and economic growth in the Azerbaijani economy. For this purpose, VECM model estimation and Granger causality analysis was performed by taking monthly data between 2005-2019. As a result of the analysis, it was revealed that there is a two-way relationship between financial development and economic growth in Azerbaijan

scholarly journals An Empirical Investigation on the Relationship Between the Eurozone Zew Index and the Eurozone Stock Markets

2021 ◽  
Vol 31 (4) ◽  
pp. 1-17
Author(s):  
Nesrin Ceylan ◽  
Turgay Münyas
Keyword(s):  
Stock Market ◽  
Stock Markets ◽  
Short Term ◽  
Monthly Data ◽  
Research Findings ◽  
Independent Variable ◽  
The Uk ◽  
Conclusion Section ◽  
The Relationship

Abstract The aim of this study is to investigate the long and short term impact of the Euro ZEW index (ZEW) on the DAX (GDAXI) Germany, FTSE 100 (FTSE) the UK, CAC 40 (FCHI) France, OMXS30 Sweden and CROBEX (CRBEX) Croatia stock market indices using monthly data for the period between February 2008 and December 2020. The Euro ZEW Index was taken as the independent variable, and the index values of Eurozone stock markets were taken as the dependent variables. As a result of the study, the Euro ZEW index was found to have a positive (increasing) statistical significant effect on the DAX, FTSE, OMXS and CRBEX variables. Of the stock markets studied, Croatia CROBEX (CRBEX) index was the most affected index by the change in the Euro ZEW index. The least affected stock market was Germany DAX (GDAXI) index. The effect of the Euro ZEW Index on Euro stock markets was higher in the short-term, and gradually decreasing in the long term. The research findings are discussed in the conclusion section.

Cointegration and Causality Analysis of Portuguese Tourism and Air Quality

2022 ◽  
pp. 52-70
Author(s):  
Mara Madaleno ◽  
Margarita Robaina ◽  
Celeste Eusébio ◽  
Maria João Carneiro ◽  
Vitor Rodrigues ◽  
...  
Keyword(s):  
Air Quality ◽  
Tourism Industry ◽  
Air Pollutant ◽  
Strong Impact ◽  
Causality Analysis ◽  
Vector Autoregressive Models ◽  
Monthly Data ◽  
Vector Autoregressive ◽  
Long Run ◽  
The Relationship

This chapter aims to fill the knowledge gap regarding the relationship between tourism and air quality, specifically in the Portuguese tourism industry, with a focus on tourist nationality. It examines whether this relationship differs according to tourist origin. This study uses an air pollutant, PM10, with a strong impact on human health that has been highly neglected in the literature. Despite the great use of CO2 in assessing the causal relationship between tourism and the environment, this is not the best indicator of air quality (AQ). This chapter presents results by applying vector autoregressive models (VAR) with monthly data for the period of 2007-2017, considering the nationality of tourists that visit Portugal. Results suggest that PM10 levels and tourism are negatively correlated (in the Pearson sense) with a link between them in the long run. This relationship is confirmed by the four methodologies tested. The negative relation in Pearson and cointegration results suggests that tourism can be affected by AQ in Portugal and may lead to better AQ.

scholarly journals ANALYSIS OF FACTORS AFFECTING THE INDONESIAN SYARIAH STOCK INDEX (ISSI) ON THE INDONESIAN STOCK EXCHANGE (IDX)

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Siska Angriani Hasibuan
Keyword(s):  
Exchange Rate ◽  
Stock Exchange ◽  
Stock Index ◽  
Variable Amount ◽  
Short Term ◽  
Correction Model ◽  
Factors Affecting ◽  
Independent Variables ◽  
The Relationship

The Indonesian Syariah Stock Index (ISSI) is an indicator that can be used by investors to know the movements of the sharia stock market. This research aims to analyze the effect of the Indonesian Syariah Stock Index (ISSI) on the Indonesian Stock Exchange (IDX). The analysis uses equations by the method of Error Correction Model (ECM). This study analyzed the relationship between the dependent and independent variables in both the short term and long term. Estimation results show that in the long term and the short term, the variable amount of the inflation was a positif and significant in the short term but not significant in the long term affect the Indonesian Syariah Stock Index (ISSI). The variable amount of the BI rate and exchange rate was a negative and significant in the short term but not significant in the long term affect the Indonesian Syariah Stock Index (ISSI). These results show that inflation, BI rate and exchange rate was significant in the short term affect the Indonesian Syariah Stock Index (ISSI) on the Indonesian Stock Exchange (IDX).

scholarly journals An Assessment of House Loans Cointegration with Macro Variables in Selected Euro Zone Countries

Ekonomika ◽  
2020 ◽  
Vol 99 (2) ◽  
pp. 39-58
Author(s):  
Kazys Kupčinskas ◽  
Arvydas Paškevičius
Keyword(s):  
Interest Rates ◽  
Correction Model ◽  
Monthly Data ◽  
Vector Error Correction ◽  
Vector Error ◽  
Time Period ◽  
Long Time ◽  
Macro Variables ◽  
The Relationship

This paper performs an empirical study on house loans, interest rates, unemployment, and house rent prices relationship in Germany, France, Spain and Italy from the year 2003 to 2018. We look for the cointegration and causality relationship between the house loans and macro variables with the help of the Vector error correction model (VECM) and Granger causality methods. We investigate whether variables with monthly data explain better the relationship and causal effects between the variables. We find a long term cointegrating relationship between the real house loans and interest rates, unemployment and house rent prices for France, Spain, and Italy, but not for Germany. On average the equilibrium in house loan development is reached from 4 to 8 years, meaning that long term equilibrium exists, but the variables reach it in a rather long time period. The ECB deposit facility rate included as an exogenous variable in four countries gained no significant power in explaining the short term changes of house loans in any of the country. We reveal a complex interaction between the bank’s credits and unemployment, interest rates, house rental prices in the paper. 

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