Price changes of dairy products in the European Union

被引：8

作者：

Beldycka-Borawska, Aneta ^{[1
]}

Borawski, Piotr ^{[1
]}

Guth, Marta ^{[2
]}

Parzonko, Andrzej ^{[3
]}

Rokicki, Tomasz ^{[4
]}

Klepacki, Bogdan ^{[4
]}

WysokiNski, Marcin ^{[4
]}

Maciag, Agnieszka ^{[4
]}

Dunn, James William ^{[5
]}

机构：

[1] Univ Warmia & Mazury, Fac Agr & Forestry, Dept Agrotechnol & Agribusiness, Olsztyn, Poland

[2] Poznan Univ Econ & Business, Inst Econ, Dept Macroecon & Agr Econ, Poznan, Poland

[3] Warsaw Univ Life Sci SGGW, Fac Econ Sci, Dept Econ & Org Enterprises, Warsaw, Poland

[4] Warsaw Univ Life Sci SGGW, Fac Econ Sci, Dept Logist, Warsaw, Poland

[5] Penn State Univ, Fac Agr Sci, Dept Agr Econ Sociol & Educ, University Pk, PA 16802 USA

来源：

AGRICULTURAL ECONOMICS-ZEMEDELSKA EKONOMIKA | 2021年 / 67卷 / 09期

关键词：

butter; GARCH model; skim milk powder; whey powder; MILK; VOLATILITY; EFFICIENCY; COVID-19; IMPACT;

D O I：

10.17221/61/2021-AGRICECON

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

This article presents changes in the prices of milk and other dairy products in the European Union (EU). First, the descriptive statistics of the prices of milk and dairy products are presented, and then correlation and regression analyses were conducted to measure the relationships between the prices. We used the augmented Dickey-Fuller (ADF) test and generalised autoregressive conditional heteroscedasticity (GARCH) model to measure the stationarity and changes in dairy product prices in the EU. At the EU level, we checked the changes in prices of butter, skim milk powder, whole milk powder, Cheddar, Edam, Gouda, Emmental and whey powder. Our analysis confirmed that the butter, skim milk powder, whole milk powder, Cheddar, Edam and Gouda processes depend on previous values. The biggest price changes were observed in whey powder (34.12%), butter (24.46%) and skim milk powder (21.78%).

引用

页码：373 / 381

页数：9

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