Araştırma Makalesi

The Analysis of the Relation between Production and Price of Sunflower by Koyck Model

Cilt: 29 Sayı: 1 29 Haziran 2023
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The Analysis of the Relation between Production and Price of Sunflower by Koyck Model

Öz

Purpose: it is aimed to explain the relationship between sunflower production and price in Turkey with the Koyck model. Design/Methodology/Approach: Distributed Lagged Koyck Model was applied to reveal the relationship between sunflower production and price. At this stage, data for the period 2000-2020 (21 years) were used. A model was developed by Koyck in order to eliminate drawbacks in distributed lag models. Based on the assumption that the independent variable lags affect the dependent variable with a certain weight and that the lag weights decrease geometrically in the Koyck model, the regression equation is estimated by making the model reduced. Findings: The 10% increase in the sunflower price in the current year is expected to increase the production amount one year later by 2.06% and the production amount two years later by 1.22%. The results show that the change in the lagged values of prices has a positive effect on production and this effect is gradually decreasing. Originality/Value: Sunflower production is also affected by the lagged value of the average price in the market. The Koyck model is a suitable model to reveal these lagged values. Thanks to this model, which is used to measure the lagged effects of the price variable in successive periods in terms of production, it will be able to shed light on the effective policies that can be applied for sunflower production.

Anahtar Kelimeler

Kaynakça

  1. Abdikoğlu, D.İ. and Unakıtan, G. (2014). Econometric Analysis of the Relationship between Watermelon Production and Watermelon Price in Turkey. Procceeding of XI. National Agricultural Economics Congress, 3-5 September 2014, Samsun, p. 854-859.
  2. Abdikoğlu, D.İ. and Unakıtan, G. (2017). Supply Response of Sunflower in Turkey. International Journal of Sustainable Agricultural Management and Informatics, 3(3):224- 232.
  3. Ağazade, S. (2021). Analysis of the Relationship Between Cotton Production and Prices by Using Koyck Approach in Turkey. Journal of Tekirdağ Agricultural Faculty, 18(3): 386- 399.
  4. Akgül, S. and Yıldız, Ş. (2016). Analysis of Wheat Production and Price Relationship in Yozgat with Koyck Model. Proceeding of International Bozok Symposium, 5-7 May 2016, Yozgat, p.178-188.
  5. Alt, F. (1942). Distributed Lags. Econometrica, 10: 113-128.
  6. Altıntop, M. and Gıdık, B. (2019). Development of Sunflower, Soybean Safflower and Rapeseed Production in Turkey. Bayburt University Journal of Science, 2(2): 307-315.
  7. Arıoğlu, H. (2016). Oil Seeds and Crude Oil Production in Turkey, Problems and Solutions. Journal of Field Crops Central Research Institute, 25(Special Issue 2): 357-368.
  8. Aydın Can, B., Tomar, O., and Yılmaz, A.M. (2021). Evaluation of Sunflower Oil in terms of Food Security and Self-Sufficiency in Turkey and European Union. European Journal of Science and Technology, 31(Special Issue 1): 640-654.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ziraat Mühendisliği

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

30 Haziran 2023

Yayımlanma Tarihi

29 Haziran 2023

Gönderilme Tarihi

30 Mart 2023

Kabul Tarihi

1 Haziran 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 29 Sayı: 1

Kaynak Göster

APA
Turğut, U., Güler, D., & Engindeniz, S. (2023). The Analysis of the Relation between Production and Price of Sunflower by Koyck Model. Tarım Ekonomisi Dergisi, 29(1), 57-64. https://doi.org/10.24181/tarekoder.1271544
AMA
1.Turğut U, Güler D, Engindeniz S. The Analysis of the Relation between Production and Price of Sunflower by Koyck Model. TED - TJAE. 2023;29(1):57-64. doi:10.24181/tarekoder.1271544
Chicago
Turğut, Umutcan, Duran Güler, ve Sait Engindeniz. 2023. “The Analysis of the Relation between Production and Price of Sunflower by Koyck Model”. Tarım Ekonomisi Dergisi 29 (1): 57-64. https://doi.org/10.24181/tarekoder.1271544.
EndNote
Turğut U, Güler D, Engindeniz S (01 Haziran 2023) The Analysis of the Relation between Production and Price of Sunflower by Koyck Model. Tarım Ekonomisi Dergisi 29 1 57–64.
IEEE
[1]U. Turğut, D. Güler, ve S. Engindeniz, “The Analysis of the Relation between Production and Price of Sunflower by Koyck Model”, TED - TJAE, c. 29, sy 1, ss. 57–64, Haz. 2023, doi: 10.24181/tarekoder.1271544.
ISNAD
Turğut, Umutcan - Güler, Duran - Engindeniz, Sait. “The Analysis of the Relation between Production and Price of Sunflower by Koyck Model”. Tarım Ekonomisi Dergisi 29/1 (01 Haziran 2023): 57-64. https://doi.org/10.24181/tarekoder.1271544.
JAMA
1.Turğut U, Güler D, Engindeniz S. The Analysis of the Relation between Production and Price of Sunflower by Koyck Model. TED - TJAE. 2023;29:57–64.
MLA
Turğut, Umutcan, vd. “The Analysis of the Relation between Production and Price of Sunflower by Koyck Model”. Tarım Ekonomisi Dergisi, c. 29, sy 1, Haziran 2023, ss. 57-64, doi:10.24181/tarekoder.1271544.
Vancouver
1.Umutcan Turğut, Duran Güler, Sait Engindeniz. The Analysis of the Relation between Production and Price of Sunflower by Koyck Model. TED - TJAE. 01 Haziran 2023;29(1):57-64. doi:10.24181/tarekoder.1271544

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