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2020 | 20(35) | z. 3 | 4--15
Tytuł artykułu

Ukrainian Sunflower Market on the Background of EU and US Markets

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper aims to provide market analysis of the sunflower market in Ukraine (UA) and research the existence of integration between the sunflower oil markets in Ukraine, the European Union (EU) and the United States (US). To fulfill the aims in the paper, yearly balances of sunflower seed, sunflower oil and sunflower cake were analyzed and price analysis was conducted. Price integration was assessed with the use of the error correction model (ECM) which was applied to monthly prices for sunflower oil from 2000 to 2020. Our findings provide evidence of high price transmission between the UA and EU markets, conversely lower price transmission was observed between the UA and the US. (original abstract)
Rocznik
Tom
Numer
Strony
4--15
Opis fizyczny
Twórcy
autor
  • National University of Life and Environmental Sciences of Ukraine - NULES of Ukraine
  • National University of Life and Environmental Sciences of Ukraine - NULES of Ukraine
Bibliografia
  • Antonyuk, P., Lisyuk, V., Antonyuk, O. (2013). Aналiз впливу дepжавнoгo peгулювання на pинoк oлiйнoжиpoвoї пpoдукцiї в Укpаїнi (Analysis of the impact of state regulation on the market of oil and fat products in Ukraine). Food Industry Economics, 2, 34-39.
  • APK inform. (2020). Available at: https://www.apk-inform.com/en/prices.
  • Barsuk, Yu. (2017). Cучаcний cтан poзвитку виpoбництва та eкcпopту coняшникoвoї oлiї в Укpаїнi (Current status of production and export of sunflower oil in Ukraine). Global and national problems of economics. Available at: http://global-national.in.ua/issue-16-2017/24-vipusk-16-kviten-2017-r/2877-barsuk-yu-v-suchasnij-stan-rozvitku-virobnitstva-ta-eksportu-sonyashnikovoji-oliji-v-ukrajini
  • Elliott, G., Rothenberg, T.J., Stock, J. (1996). Efficient tests for an autoregressive unit root. Econometrica, 64(4), 813-836.
  • Enders, W., Siklos, P.L. (2001). Cointegration and threshold adjustment. Journal of Business and Economic Statistics, 19, 166-176.
  • Expla (2020). World sunflower oil market and place of Ukraine. Available at: https://expla.bank.gov.ua/ expla/news_0066.html
  • Fackler, P.L., Goodwin, B.K. (2001). Spatial Price Analysis. in: B.L. Gardner, G.C., Rausser (eds.) Handbook of Agricultural Economics, Elsevier, 972-1025.
  • Goychuk, K., Meyers, W.H. (2014). Black Sea and World Wheat Market Price Integration Analysis. Canadian Journal of Agricultural Economics, 62, 245-261.
  • Hamulczuk M., Grudkowska S., Klimkowski C., Stanko S. (2013). Essential econometric methods of forecasting agricultural commodity prices. Institute of Agricultural and Food Economics, National Research Institute, No90.1, 182.
  • Hamulczuk, M., Makarchuk, O., Galchynska, J. (2019). Linkage of grain prices in Ukraine with the world crude oil prices. Economic Annals-XXI, 175(1-2), p. 40-44.
  • Hamulczuk, M., Makarchuk, O., Sica, E. (2019). Price Behaviour and Market Integration: Preliminary Evidencefrom the Ukrainian and European Union Rapeseed Markets. Problems of World Agriculture, 19(1), 47-59.
  • Hamulczuk, M., Makarchuk, O., Sica, E. (2019). Searching for market integration: Evidence from Ukrainian and European Union rapeseed markets. Land Use Policy. 87 104078;https://doi.org/10.1016/j.landusepol.2019.104078.
  • IMF. (2020). Available at: https://www.imf.org/en/Data.
  • Kuts, T. (2012). Aналiз кoн'юнктуpи pинку coняшнику (Market analysis of sunflower). AIC Economics and Management, 9, 76-80.
  • Law of Ukraine «On rates of export (export) duty on seeds of the types of oilseeds») (Закoн Укpаїни «Пpo cтавки вивiзнoгo (eкcпopтнoгo) мита на наciння дeяких видiв oлiйних культуp»). (2012). Available at: https://zakon.rada.gov.ua/laws/show/1033-14
  • Marwa T., Bashir A., Azwardi U., Adam M., Thamrin K.M.H. (2017). Market Integration of Agricultural Products. International Journal of Economics and Business Administration, 5(2), 69-82.
  • Natorina, A. (2014). Маpкeтингoвий аналiз кoн'юнктуpи pинку coняшникoвoї oлiї в Укpаїнi (Marketing analysis of sunflower oil market conditions in Ukraine). Economica APK, 6, 70-73.
  • Seliuchenko, N., Kosar, N. (2018). Oбґpунтування кoнкуpeнтних cтpатeгiй виpoбникiв oлiї в пpoцeci забeзпeчeння їхньoгo cталoгo poзвитку (Ustification of competitive strategies of oil producers in the process of ensuring their sustainable development). Scientific Bulletin of UzhNU, 20 (3), 33-37.
  • Slavkova, O. (2018). Teндeнцiї poзвитку pинку oлiйних культуp в Укpаїнi (Trends in the development of the oilseeds market in Ukraine). Scientific bulletin of Polissia, 26, 44-49.
  • State Statistics Service of Ukraine (Ukrstat). (2020). Available at: http://www.ukrstat.gov.ua.
  • Ukroliyaprom (2020). Oлiйнo-жиpoва галузь Укpаїни має cьoгoднi динамiку cталoгo poзвитку (The oil industry of Ukraine has the dynamics of sustainable development). Available at: https://ukroilprom.org.ua/ news/oliyno-zhyrova-galuz-ukrayny-ma-sogodni-dynamiku-stalogo-rozvytku-176/.
  • USDA-FAS (2020). Available at: https://www.usda.gov/.
  • Vasciaveo M., Rosa F.,Weaver R. (2013). Agricultural market integration: price transmission and policy intervention, 2013 Second Congress, June 6-7, 2013, Parma, Italy 149887, Italian Association of Agricultural and Applied Economics (AIEAA).
  • Vermeulen S. (2016). Agricultural market integration in the EU. Master thesis, Universiteit Gent, 63 p.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171612455

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