Araştırma Makalesi

Agricultural Production Connectedness and Networks in Türkiye

Cilt: 20 Sayı: 4 25 Aralık 2023
PDF İndir
EN TR

Agricultural Production Connectedness and Networks in Türkiye

Öz

The world’s population has been growing rapidly and since the 2006–2008 global food crisis, it has been questioned many times that how the world’s growing population will be fed properly. According to reputable international institutions, the world may be insufficient to supply enough food in the near future, and this fact may cause many economic, social, and government problems. In Türkiye, these problems will be realized more harshly than in peer countries for some reasons. Türkiye has one of the highest population growth rates in the world, while it hosts the highest number of refugees in the world. In addition, Türkiye’s agriculture sector has been experiencing a harsh downfall recently and the country has been dependent on importing food and agricultural commodities. Therefore, in this paper, I investigate the connectedness and networks of agricultural production in Türkiye by using the connectedness approach of Diebold and Yilmaz (2012, 2014), which is based on the forecast error variance decomposition methodology of generalized vector autoregressive models. I use Türkiye’s most produced agricultural commodity data, which are barley, wheat, rye, paddy, lentil, chickpea, and oat. The material consists of annual production data from 1938 to 2019. According to the analysis results, Türkiye’s agricultural production has been highly connected. Our findings show that production shocks arising from wheat and barley have spilled over to other commodities. Agricultural production networks and pairwise spillovers also exhibit a similar result that most of the commodities are highly interconnected to wheat and barley production. Besides, pairwise connectedness results show that there are some strong and weak connectivity relations, and these can be used for the decision-making process, risk aversion, and risk-seeking purposes. Our findings have important implications for policymaking for institutions, diversification, and risk management for producers, suppliers, and traders.

Anahtar Kelimeler

Kaynakça

  1. Alter, A. and Beyer A. (2014): The dynamics of spillover effects during the European sovereign debt turmoil. Journal of Banking & Finance, 42: 134-153.
  2. Antonakakis, N. and Kizys, R. (2015). Dynamic spillovers between commodity and currency markets. International Review of Financial Analysis, 41: 303-319.
  3. Asim H. and Akbar M. (2019): Sectoral growth linkages of agri¬cultural sector: Implications for food security in Pakistan. Agricultural Economics – Czech, 65: 278–288.
  4. Balkan, A., Özdüven, M., Nizam, İ., Teykin, E. and Tuna., M. (2011). The effect of grazing applied in the different phenological stages on yield and yield components of bread wheat and triticale. Journal of Tekirdag Agricultural Faculty, 8(1): 93-100.
  5. Balli F., Naeem, M. A., Shahzad, S. J. H. and de Bruin, A. (2019): Spillover network of commodity uncertainties. Energy Economics, 81: 914-927.
  6. Barunik, J., Kočenda, E. and Vácha L. (2016): Asymmetric connectedness on the US stock market: Bad and good volatility spillovers. Journal of Financial Markets, 27: 55-78.
  7. Bozkurt İ. and Kaya M. V. (2021): Agricultural production index: International comparison. Agricultural Economics– Czech, 67(6): 236-245.
  8. Bruinsma, J. (2009). The Resource Outlook to 2050: by How Much Do Land, Water, and Crop Yields Need to Increase by 2050?, Rome, Italy: Food and Agriculture Organization of the United Nations. Available at: https://www.cabdirect.org/cabdirect/abstract/20093293510 (Accessed April 2, 2022).

Ayrıntılar

Birincil Dil

İngilizce

Konular

Tarım Politikaları

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

15 Aralık 2023

Yayımlanma Tarihi

25 Aralık 2023

Gönderilme Tarihi

23 Ağustos 2022

Kabul Tarihi

2 Ağustos 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 20 Sayı: 4

Kaynak Göster

APA
Açıkgöz, T. (2023). Agricultural Production Connectedness and Networks in Türkiye. Tekirdağ Ziraat Fakültesi Dergisi, 20(4), 799-810. https://doi.org/10.33462/jotaf.1166050
AMA
1.Açıkgöz T. Agricultural Production Connectedness and Networks in Türkiye. JOTAF. 2023;20(4):799-810. doi:10.33462/jotaf.1166050
Chicago
Açıkgöz, Türker. 2023. “Agricultural Production Connectedness and Networks in Türkiye”. Tekirdağ Ziraat Fakültesi Dergisi 20 (4): 799-810. https://doi.org/10.33462/jotaf.1166050.
EndNote
Açıkgöz T (01 Aralık 2023) Agricultural Production Connectedness and Networks in Türkiye. Tekirdağ Ziraat Fakültesi Dergisi 20 4 799–810.
IEEE
[1]T. Açıkgöz, “Agricultural Production Connectedness and Networks in Türkiye”, JOTAF, c. 20, sy 4, ss. 799–810, Ara. 2023, doi: 10.33462/jotaf.1166050.
ISNAD
Açıkgöz, Türker. “Agricultural Production Connectedness and Networks in Türkiye”. Tekirdağ Ziraat Fakültesi Dergisi 20/4 (01 Aralık 2023): 799-810. https://doi.org/10.33462/jotaf.1166050.
JAMA
1.Açıkgöz T. Agricultural Production Connectedness and Networks in Türkiye. JOTAF. 2023;20:799–810.
MLA
Açıkgöz, Türker. “Agricultural Production Connectedness and Networks in Türkiye”. Tekirdağ Ziraat Fakültesi Dergisi, c. 20, sy 4, Aralık 2023, ss. 799-10, doi:10.33462/jotaf.1166050.
Vancouver
1.Türker Açıkgöz. Agricultural Production Connectedness and Networks in Türkiye. JOTAF. 01 Aralık 2023;20(4):799-810. doi:10.33462/jotaf.1166050

Cited By