SUPPLY RESPONSE OF MAIN LEGUMES IN TURKEY BY VECTOR ERROR CORRECTION APPROACH

Measuring the impact of price and non-price factors on annual agricultural products is an agricultural policy subject that continues to receive attention. In this study it was aimed to question the response of quantity supplied for main legumes as lentils, dried beans and chickpeas that are produced...

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Veröffentlicht in:Fresenius environmental bulletin 2018-05, Vol.27 (5), p.3094
1. Verfasser: Ceylan, R Figen
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description Measuring the impact of price and non-price factors on annual agricultural products is an agricultural policy subject that continues to receive attention. In this study it was aimed to question the response of quantity supplied for main legumes as lentils, dried beans and chickpeas that are produced specifically in South-eastern regions of Turkey. Vector error correction methodology was incorporated to estimate the short-run dynamics of the quantity supplied as well as the static supply relationships between 1991 and 2013.Iimpacts of economical or ecological shocks were considered within the analysis for 1991 and 2013. Persistent declination of both the amount supplied and the producer price was recognised, even if the dependency of dried beans on its price was found relatively lower than the other staples. However, the declination in the amount and prices had shown that, well-built strategies to convince producers in order not to leave their lands and to support development of processing units are required specifically for South-eastern parts of Turkey.
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subjects Agricultural policy
Agricultural products
Beans
Chickpeas
Declination
Dependence
Ecological monitoring
Economic analysis
Economic models
Error analysis
Error correction
Error correction & detection
Legumes
Lentils
Staples
title SUPPLY RESPONSE OF MAIN LEGUMES IN TURKEY BY VECTOR ERROR CORRECTION APPROACH
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