THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY
Purpose. The development of agriculture and the security of food supply primarily on the domestic market represent the base of the economic development, and of economic and social stability of a country. Methodology. By using the VaR method, which is the best available risk-measuring technique, the...
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Format: | Article |
Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2018-09-01
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Series: | Ekonomika Poljoprivrede (1979) |
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Online Access: | https://www.ea.bg.ac.rs/index.php/EA/article/view/889 |
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author | Biljana Ivanova Ilija Ivanov Ljiljana Dimitrijević |
author_facet | Biljana Ivanova Ilija Ivanov Ljiljana Dimitrijević |
author_sort | Biljana Ivanova |
collection | DOAJ |
description |
Purpose. The development of agriculture and the security of food supply primarily on the domestic market represent the base of the economic development, and of economic and social stability of a country. Methodology. By using the VaR method, which is the best available risk-measuring technique, the crude oil price fluctuations will be followed in a designated period, in order to understand its influence on the creation of the business policy of agricultural producers. Results. A significant support for the development of agriculture is provided by the leading companies in the crude oil and oil derivatives industry. Conclusions. The aim of the current study is to comprehend the level of influence of crude oil prices as a global economic factor on the behavior of agricultural producers.
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first_indexed | 2024-03-13T10:49:07Z |
format | Article |
id | doaj.art-439b662fe15a49989e0fb7204073ebfb |
institution | Directory Open Access Journal |
issn | 0352-3462 2334-8453 |
language | English |
last_indexed | 2024-03-13T10:49:07Z |
publishDate | 2018-09-01 |
publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
record_format | Article |
series | Ekonomika Poljoprivrede (1979) |
spelling | doaj.art-439b662fe15a49989e0fb7204073ebfb2023-05-17T16:57:19ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532018-09-0165310.5937/ekoPolj1803147ITHE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCYBiljana Ivanova0Ilija Ivanov1Ljiljana Dimitrijević2Military Academy, University of Defence, BelgradeSingidunum University, BelgradeFaculty of Business Economics and Entrepreneurship, Belgrade Purpose. The development of agriculture and the security of food supply primarily on the domestic market represent the base of the economic development, and of economic and social stability of a country. Methodology. By using the VaR method, which is the best available risk-measuring technique, the crude oil price fluctuations will be followed in a designated period, in order to understand its influence on the creation of the business policy of agricultural producers. Results. A significant support for the development of agriculture is provided by the leading companies in the crude oil and oil derivatives industry. Conclusions. The aim of the current study is to comprehend the level of influence of crude oil prices as a global economic factor on the behavior of agricultural producers. https://www.ea.bg.ac.rs/index.php/EA/article/view/889crude oilpricesagricultural producersVaR method |
spellingShingle | Biljana Ivanova Ilija Ivanov Ljiljana Dimitrijević THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY Ekonomika Poljoprivrede (1979) crude oil prices agricultural producers VaR method |
title | THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY |
title_full | THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY |
title_fullStr | THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY |
title_full_unstemmed | THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY |
title_short | THE EFFECT OF CRUDE OIL PRICES FLUCTUATIONS ON THE AGRICULTURAL PRODUCERS` PERFORMANCE EFFICIENCY |
title_sort | effect of crude oil prices fluctuations on the agricultural producers performance efficiency |
topic | crude oil prices agricultural producers VaR method |
url | https://www.ea.bg.ac.rs/index.php/EA/article/view/889 |
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