Price Parities for Vegetables in Serbia - Analysis and Forecasting
The paper analyzes price parities of important vegetable crops in Serbia in relation to wheat, which has always been a point of reference in price formation of other agricultural products. The analysis was carried out by means of descriptive statistics for the period 1994-2017 for the following vege...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2019-12-01
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Series: | Contemporary Agriculture |
Subjects: | |
Online Access: | https://doi.org/10.2478/contagri-2019-0009 |
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author | Novković Nebojša Drinić Ljiljana Mihajlović Šumadinka Vukelić Nataša Ivanišević Dragan |
author_facet | Novković Nebojša Drinić Ljiljana Mihajlović Šumadinka Vukelić Nataša Ivanišević Dragan |
author_sort | Novković Nebojša |
collection | DOAJ |
description | The paper analyzes price parities of important vegetable crops in Serbia in relation to wheat, which has always been a point of reference in price formation of other agricultural products. The analysis was carried out by means of descriptive statistics for the period 1994-2017 for the following vegetable crops: potato, bean, tomato, pepper, onion and cabbage. The method used for forecasting of the price parities for the period 2018-2022 is time series analysis, i.e. ARIMA models. The research results showed that the price parities of bean, tomato and pepper will increase: from 9.1 to 12.3 for bean, from 1.9 to 3.5 for tomato and from 2.3 to 3 for pepper. The price parities for potato (1.4) and cabbage (1.4) will remain practically unchanged, while the price parity of onion will decrease to 1.5. |
first_indexed | 2024-12-17T19:18:56Z |
format | Article |
id | doaj.art-cd23a0a03314448880d1d26a1d8b739e |
institution | Directory Open Access Journal |
issn | 2466-4774 |
language | English |
last_indexed | 2024-12-17T19:18:56Z |
publishDate | 2019-12-01 |
publisher | Sciendo |
record_format | Article |
series | Contemporary Agriculture |
spelling | doaj.art-cd23a0a03314448880d1d26a1d8b739e2022-12-21T21:35:39ZengSciendoContemporary Agriculture2466-47742019-12-01683-4515910.2478/contagri-2019-0009contagri-2019-0009Price Parities for Vegetables in Serbia - Analysis and ForecastingNovković Nebojša0Drinić Ljiljana1Mihajlović Šumadinka2Vukelić Nataša3Ivanišević Dragan4Faculty of Agriculture, University of Novi Sad, Trg Dositeja Obradovića 8, Novi Sad, SerbiaFaculty of Agriculture, University of Banja Luka, Bosnia and HerzegovinaFaculty of Agriculture, University of Novi Sad, Trg Dositeja Obradovića 8, Novi Sad, SerbiaFaculty of Agriculture, University of Novi Sad, Trg Dositeja Obradovića 8, Novi Sad, SerbiaFimek, Engineering Management in Agribusiness, Novi Sad, SerbiaThe paper analyzes price parities of important vegetable crops in Serbia in relation to wheat, which has always been a point of reference in price formation of other agricultural products. The analysis was carried out by means of descriptive statistics for the period 1994-2017 for the following vegetable crops: potato, bean, tomato, pepper, onion and cabbage. The method used for forecasting of the price parities for the period 2018-2022 is time series analysis, i.e. ARIMA models. The research results showed that the price parities of bean, tomato and pepper will increase: from 9.1 to 12.3 for bean, from 1.9 to 3.5 for tomato and from 2.3 to 3 for pepper. The price parities for potato (1.4) and cabbage (1.4) will remain practically unchanged, while the price parity of onion will decrease to 1.5.https://doi.org/10.2478/contagri-2019-0009vegetablesprice parityserbiaforecasting |
spellingShingle | Novković Nebojša Drinić Ljiljana Mihajlović Šumadinka Vukelić Nataša Ivanišević Dragan Price Parities for Vegetables in Serbia - Analysis and Forecasting Contemporary Agriculture vegetables price parity serbia forecasting |
title | Price Parities for Vegetables in Serbia - Analysis and Forecasting |
title_full | Price Parities for Vegetables in Serbia - Analysis and Forecasting |
title_fullStr | Price Parities for Vegetables in Serbia - Analysis and Forecasting |
title_full_unstemmed | Price Parities for Vegetables in Serbia - Analysis and Forecasting |
title_short | Price Parities for Vegetables in Serbia - Analysis and Forecasting |
title_sort | price parities for vegetables in serbia analysis and forecasting |
topic | vegetables price parity serbia forecasting |
url | https://doi.org/10.2478/contagri-2019-0009 |
work_keys_str_mv | AT novkovicnebojsa priceparitiesforvegetablesinserbiaanalysisandforecasting AT drinicljiljana priceparitiesforvegetablesinserbiaanalysisandforecasting AT mihajlovicsumadinka priceparitiesforvegetablesinserbiaanalysisandforecasting AT vukelicnatasa priceparitiesforvegetablesinserbiaanalysisandforecasting AT ivanisevicdragan priceparitiesforvegetablesinserbiaanalysisandforecasting |