Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy

In the paper, the price volatility was examined. The authors used 650 weekly observations from 2003 to 2015. Such a long period of analysis helped to reveal periods with high volatility. The objective of the paper was to recognize price volatility of agricultural commodities in Poland. The authors c...

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Main Authors: Piotr BORAWSKI, Aneta BELDYCKA-BORAWSKA, James W. DUNN
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2018-05-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-201805-0003_price-volatility-of-polish-agricultural-commodities-in-the-view-of-the-common-agricultural-policy.php
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author Piotr BORAWSKI
Aneta BELDYCKA-BORAWSKA
James W. DUNN
author_facet Piotr BORAWSKI
Aneta BELDYCKA-BORAWSKA
James W. DUNN
author_sort Piotr BORAWSKI
collection DOAJ
description In the paper, the price volatility was examined. The authors used 650 weekly observations from 2003 to 2015. Such a long period of analysis helped to reveal periods with high volatility. The objective of the paper was to recognize price volatility of agricultural commodities in Poland. The authors chose beef, pork and wheat markets to show the differentiation of price volatility. It revealed periods of large and small volatility. The global market situation impacted Polish agricultural markets with the opening markets and a greater access to the new markets. The periods having the strongest impact on Polish agricultural markets were the integration with the EU, the global crisis in 2008, and problems in the EU zone. The prices of analysed agricultural commodities differed in various EU countries. The prices of wheat increased most in France, Hungary and Lithuania. The prices of store cattle increased most in the years 2004-2015 in Estonia, Sweden and Luxemburg. The prices of pigs increased most in Malta, Sweden and Cyprus.
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spelling doaj.art-d09cee94ad844b01a306adde0a14f9842023-02-23T03:25:13ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952018-05-0164521622610.17221/138/2016-AGRICECONage-201805-0003Price volatility of Polish agricultural commodities in the view of the Common Agricultural PolicyPiotr BORAWSKI0Aneta BELDYCKA-BORAWSKA1James W. DUNN2University of Warmia and Mazury in Olsztyn, PolandUniversity of Warmia and Mazury in Olsztyn, PolandPennsylvania State University, Old Main, Pennsylvania, USAIn the paper, the price volatility was examined. The authors used 650 weekly observations from 2003 to 2015. Such a long period of analysis helped to reveal periods with high volatility. The objective of the paper was to recognize price volatility of agricultural commodities in Poland. The authors chose beef, pork and wheat markets to show the differentiation of price volatility. It revealed periods of large and small volatility. The global market situation impacted Polish agricultural markets with the opening markets and a greater access to the new markets. The periods having the strongest impact on Polish agricultural markets were the integration with the EU, the global crisis in 2008, and problems in the EU zone. The prices of analysed agricultural commodities differed in various EU countries. The prices of wheat increased most in France, Hungary and Lithuania. The prices of store cattle increased most in the years 2004-2015 in Estonia, Sweden and Luxemburg. The prices of pigs increased most in Malta, Sweden and Cyprus.https://agricecon.agriculturejournals.cz/artkey/age-201805-0003_price-volatility-of-polish-agricultural-commodities-in-the-view-of-the-common-agricultural-policy.phpcommodity marketsprice volatilitycap
spellingShingle Piotr BORAWSKI
Aneta BELDYCKA-BORAWSKA
James W. DUNN
Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy
Agricultural Economics (AGRICECON)
commodity markets
price volatility
cap
title Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy
title_full Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy
title_fullStr Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy
title_full_unstemmed Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy
title_short Price volatility of Polish agricultural commodities in the view of the Common Agricultural Policy
title_sort price volatility of polish agricultural commodities in the view of the common agricultural policy
topic commodity markets
price volatility
cap
url https://agricecon.agriculturejournals.cz/artkey/age-201805-0003_price-volatility-of-polish-agricultural-commodities-in-the-view-of-the-common-agricultural-policy.php
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AT jameswdunn pricevolatilityofpolishagriculturalcommoditiesintheviewofthecommonagriculturalpolicy