Embeddedness of Hungarian pig prices in the European pork market: a volatility spillover and partial wavelet coherence study

doi:10.7896/j.2425

Cited by 2 publications

(2 citation statements)

References 28 publications

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“…To analyse the Hungarian price dynamics concerning chicken meat, pork, and maize, following Szabo et al (2023) and Leeuwen et al (2022), we incorporated EU reference prices converted to Hungarian forints in the AGMEMOD equations. These prices include the German pork price, the Polish chicken meat price, and the French maize price.…”

Section: Methodsmentioning

confidence: 99%

Assessing the sectoral and cross-sectoral impacts of new European Union broiler chicken welfare measures in Hungary as proposed by the European Food Safety Authority

2024

Stud. Agr. Econ.

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This research, focusing on Hungary, aims to analyse the comprehensive economic impact of proposed changes in daily weight gain and stocking density for broilers, as outlined in the European Food Safety Agency's (EFSA) 2023 Scientific Opinion "Welfare of Broilers on Farm". Hungary is a significant player in the Central and Eastern European (CEE) poultry industry and was the second-largest chicken meat producer and exporter in the CEE region in 2022. Utilising the dynamic econometric model AGMEMOD for impact assessment, we explore the economic repercussions on not only the broiler sector but also on the maize and pork sectors in Hungary. Our findings indicate that simultaneous implementation of the EFSA recommendations -reducing the growth rate to 50 g/day and lowering the stocking density to 11 kg/m² -could result in a substantial 72.4% reduction in chicken meat production in Hungary from the presumed enforcement year of 2023 through 2032, the end of the AGMEMOD baseline projection period. This reduction could not only impact the broiler industry but also have ripple effects on related sectors such as pork and maize. However, if only EFSA's recommendation to reduce the growth rate to 50 g/day is considered, an 18% reduction in chicken meat production is projected for Hungary.

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Section: Methodsmentioning

confidence: 99%

Assessing the sectoral and cross-sectoral impacts of new European Union broiler chicken welfare measures in Hungary as proposed by the European Food Safety Authority

2024

Stud. Agr. Econ.

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“…Így az árstabilitáshoz az alapanyagok árainak szabályzásával lehet eljutni. [17] elemzése alapján a sertésár piaci szabályozottsága alacsonyabbnak tekinthető mint más mezőgazdasági termékeké. Továbbá átranszmmisziós illetve Diebold-Yilmaz Spillover Indexet alkalmazó számításaik rámutattak arra, hogy a magyarországi sertéspiac többnyire az árelfogadó szerepet töltött be, továbbá a németországi értékesítési árak meghatározóak voltak ár képzésében.…”

Section: Irodalmi a Ttekinte Sunclassified

Árelemzési gyakorlatok a sertéságazatok aspektusában

Marczin

2024

IJEMS

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The analysis of sales prices has become a particularly important topic in pig production research, including statistical analysis. With globalisation, we can say that today we are talking about a sector constantly exposed to the effects of the world market. It is also worth pointing out that, compared with other sectors, the impact of external regulation and influence is less pronounced. Thus, the aim of the present research was to identify the journal articles published on the subject of price analysis and, on the basis of these, to establish the correlation with the methodologies often used. It examines the spatial location of price analysis. The results obtained show that the practice of price analysis is mainly carried out in the context of market leading countries, usually on the basis of a cross product chain issue. The research shows the emergence in recent years of increasingly sophisticated methodologies that allow more accurate conclusions to be drawn, while also facilitating planning from a practical point of view.

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Embeddedness of Hungarian pig prices in the European pork market: a volatility spillover and partial wavelet coherence study

Cited by 2 publications

References 28 publications

Assessing the sectoral and cross-sectoral impacts of new European Union broiler chicken welfare measures in Hungary as proposed by the European Food Safety Authority

Assessing the sectoral and cross-sectoral impacts of new European Union broiler chicken welfare measures in Hungary as proposed by the European Food Safety Authority

Árelemzési gyakorlatok a sertéságazatok aspektusában

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