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DETERMINANTS OF CONSUMER EGG PRICES IN TURKIYE USING K-NEAREST NEIGHBORS REGRESSION ANALYSIS

Journal of Animal and Plant Sciences · Haziran 2024

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YÖKSİS Kayıtları
DETERMINANTS OF CONSUMER EGG PRICES IN TURKIYE USING K-NEAREST NEIGHBORS REGRESSION ANALYSIS
Journal Of Animal & Plant Sciences · 2024 SSCI
PROFESÖR AYTEKİN GÜNLÜ →
DETERMINANTS OF CONSUMER EGG PRICES IN TURKIYE USING K-NEAREST NEIGHBORS REGRESSION ANALYSIS
Journal of Animal and Plant Sciences · 2024 SCI-Expanded
DOÇENT BURAK MAT →
DETERMINANTS OF CONSUMER EGG PRICES IN TURKIYE USING K-NEAREST NEIGHBORS REGRESSION ANALYSIS
Journal of Animal and Plant Sciences · 2024 SCI-Expanded
DOÇENT MUSTAFA BAHADIR ÇEVRİMLİ →

Makale Bilgileri

DergiJournal of Animal and Plant Sciences
Yayın TarihiHaziran 2024
Cilt / Sayfa34 · 557-563
Erişim🔓 Açık Erişim
Özet Examining the factors impacting egg consumer prices in Turkiye holds significant importance. This research contributes to a deeper understanding of how specific variables influence market prices and illuminates cause-and-effect relationships in price fluctuations. The study analyzed 131 datasets from Turkiye, covering the period from January 2010 to November 2020, including various factors. The primary aim was to predict the relationships and impacts on egg consumer prices by considering variables such as laying hens feed price, the exchange rate of the US dollar, producer price indices, agricultural producer price indices, feed prices for broilers, corn, barley, and soybeans, utilizing K-nearest neighbors (KNN) regression analysis. Within the model, the consumer price of eggs showed the weakest correlation with the corn variable (r = 0.832). In contrast, the consumer price of eggs displayed the highest correlation with the US dollar exchange rate and soybean variables (r = 0.892). Therefore, it is evident that egg consumer prices are significantly influenced by the costs of raw materials for feed and currency exchange rates. Unlike other studies, this study found that the price of broiler feed also affects consumer egg prices. Thus, it is imperative for Turkiye to implement policies promoting the local supply of imported inputs essential for egg production and adopt measures to manage and mitigate exchange rate fluctuations and production expenses.

Yazarlar (7)

1
Mustafa Bahadır Çevrimli
ORCID: 0000-0001-5888-242X
2
Burak Mat
ORCID: 0000-0002-0455-8736
3
Murat Polat
ORCID: 0000-0002-6279-0824
4
Mehmet Saltuk Arikan
ORCID: 0000-0003-4862-1706
5
Ahmet Cumhur Akin
ORCID: 0000-0003-3732-0529
6
Mustafa Agah Tekindal
ORCID: 0000-0002-4060-7048
7
Aytekin Gunlu

Anahtar Kelimeler

consumer price Dollar exchange rate Egg laying hens feed price Turkiye

Kurumlar

Burdur Mehmet Akif Ersoy Üniversitesi
Burdur Turkey
Firat Üniversitesi
Elazig Turkey
İzmir Kâtip Çelebi Üniversitesi
Izmir Turkey
Kastamonu University
Kastamonu Turkey
Selçuk Üniversitesi
Selçuklu Turkey

Metrikler

1
Atıf
7
Yazar
5
Anahtar Kelime