Scopus
🔓 Açık Erişim YÖKSİS Eşleşti
Factors affecting the price of raw milk in turkey using panel data analysis
Ciencia Rural · Ocak 2021
YÖKSİS Kayıtları
Factors affecting the price of raw milk in Turkey using panel data analysis
Ciência Rural · 2021 SCI-Expanded
DOÇENT BURAK MAT →
Factors affecting the price of raw milk in Turkey using panel data analysis
Ciência Rural · 2021 SCI-Expanded
DOÇENT MUSTAFA BAHADIR ÇEVRİMLİ →
Makale Bilgileri
DergiCiencia Rural
Yayın TarihiOcak 2021
Cilt / Sayfa51
Scopus ID2-s2.0-85109196400
Erişim🔓 Açık Erişim
Özet
The high costs of feed among the total costs of raw milk production and an unfavorable milk-feed ratio directly affect the profitability of milk producers. To understand how the market in Turkey can be equilibrated, an exploration of the factors affecting milk prices is essential. This study determined the effects of the basic and the economic indicators on the price of raw milk between 2010 and 2019, by analyzing the monthly panel data. Since time series data are used, Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) tests are conducted to find out whether the series is stationary. In order to see the individual effects, the parameters are estimated using the fixed and random-effects models. The Hausman test is conducted to decide which of the two models is valid. The basic indicators for milk price, namely, prices of barley, soybean meal, wheat and distillers dried grains with soluble (DDGS), and the economic indicators, namely, dollar exchange rate and agricultural producer price index (PPI) had significant (P < 0.05; P < 0.01) effects on the milk price. In conclusion, it is reported that the raw milk prices in Turkey are considerably affected by the prices of feed ingredients as well as the general economic conditions.
Yazarlar (5)
1
Burak Mat
ORCID: 0000-0002-0455-8736
2
Mehmet Saltuk Arikan
ORCID: 0000-0003-4862-1706
3
Mustafa Bahadır Çevrimli
ORCID: 0000-0001-5888-242X
4
Ahmet Cumhur Akin
ORCID: 0000-0003-3732-0529
5
Mustafa Agah Tekindal
ORCID: 0000-0002-4060-7048
Anahtar Kelimeler
Economics
Feed price
Milk price
Panel data
Turkey
Kurumlar
Burdur Mehmet Akif Ersoy Üniversitesi
Burdur Turkey
Firat Üniversitesi
Elazig Turkey
İzmir Kâtip Çelebi Üniversitesi
Izmir Turkey
Selçuk Üniversitesi
Selçuklu Turkey
Metrikler
6
Atıf
5
Yazar
5
Anahtar Kelime