Ukrainian Sunflower Market on the Background of EU and US Markets
This paper aims to provide market analysis of the sunflower market in Ukraine (UA) and research the existence of integration between the sunflower oil markets in Ukraine, the European Union (EU) and the United States (US). To fulfill the aims in the paper, yearly balances of sunflower seed, sunflowe...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Warsaw University of Life Sciences Press
2020-09-01
|
| Series: | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
| Subjects: | |
| Online Access: | https://prs.sggw.edu.pl/article/view/2684 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832541052836249600 |
|---|---|
| author | Tetyana Kuts Oksana Makarchuk |
| author_facet | Tetyana Kuts Oksana Makarchuk |
| author_sort | Tetyana Kuts |
| collection | DOAJ |
| description | This paper aims to provide market analysis of the sunflower market in Ukraine (UA) and research the existence of integration between the sunflower oil markets in Ukraine, the European Union (EU) and the United States (US). To fulfill the aims in the paper, yearly balances of sunflower seed, sunflower oil and sunflower cake were analyzed and price analysis was conducted. Price integration was assessed with the use of the error correction model (ECM) which was applied to monthly prices for sunflower oil from 2000 to 2020. Our findings provide evidence of high price transmission between the UA and EU markets, conversely lower price transmission was observed between the UA and the US. |
| format | Article |
| id | doaj-art-ff15e8971b1a4761914e0c7b99de1b15 |
| institution | Kabale University |
| issn | 2081-6960 2544-0659 |
| language | English |
| publishDate | 2020-09-01 |
| publisher | Warsaw University of Life Sciences Press |
| record_format | Article |
| series | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
| spelling | doaj-art-ff15e8971b1a4761914e0c7b99de1b152025-02-04T10:43:10ZengWarsaw University of Life Sciences PressZeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego2081-69602544-06592020-09-0120310.22630/PRS.2020.20.3.13Ukrainian Sunflower Market on the Background of EU and US MarketsTetyana Kuts0Oksana Makarchuk1National University of Life and Environmental Sciences of Ukraine – NULES of UkraineNational University of Life and Environmental Sciences of Ukraine – NULES of UkraineThis paper aims to provide market analysis of the sunflower market in Ukraine (UA) and research the existence of integration between the sunflower oil markets in Ukraine, the European Union (EU) and the United States (US). To fulfill the aims in the paper, yearly balances of sunflower seed, sunflower oil and sunflower cake were analyzed and price analysis was conducted. Price integration was assessed with the use of the error correction model (ECM) which was applied to monthly prices for sunflower oil from 2000 to 2020. Our findings provide evidence of high price transmission between the UA and EU markets, conversely lower price transmission was observed between the UA and the US.https://prs.sggw.edu.pl/article/view/2684market integrationUkraineEuropean UnionUnited Statessunflower oil market |
| spellingShingle | Tetyana Kuts Oksana Makarchuk Ukrainian Sunflower Market on the Background of EU and US Markets Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego market integration Ukraine European Union United States sunflower oil market |
| title | Ukrainian Sunflower Market on the Background of EU and US Markets |
| title_full | Ukrainian Sunflower Market on the Background of EU and US Markets |
| title_fullStr | Ukrainian Sunflower Market on the Background of EU and US Markets |
| title_full_unstemmed | Ukrainian Sunflower Market on the Background of EU and US Markets |
| title_short | Ukrainian Sunflower Market on the Background of EU and US Markets |
| title_sort | ukrainian sunflower market on the background of eu and us markets |
| topic | market integration Ukraine European Union United States sunflower oil market |
| url | https://prs.sggw.edu.pl/article/view/2684 |
| work_keys_str_mv | AT tetyanakuts ukrainiansunflowermarketonthebackgroundofeuandusmarkets AT oksanamakarchuk ukrainiansunflowermarketonthebackgroundofeuandusmarkets |