Evidence of Spatial Price Transmission in the Case of Kosovo

Braha, Kushtrim; Rajčániová, Miroslava; Qineti, Artan; Pokrivčák, Ján; Lazorčáková, Ema

doi:10.7160/aol.2019.110101

Cited by 7 publications

(6 citation statements)

References 16 publications

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“…Because most of Indonesia's CPO export was used as cooking oil, an increase in people income will reduce the use of imported CPO from Indonesia. On the economic distance, the variable sign was in accordance with the hypothesis [28,29]. It means that getting further importing countries from Indonesia, it will decrease export volume of Indonesia's CPO.…”

Section: Factor That Influence Cpo Export In Non Traditional Marketsupporting

confidence: 63%

The Determinants of Indonesia’s CPO Export in Non – Traditional Market

2021

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Countries in Europe, China and USA are the main destination of Indonesia's CPO exports so that in order to avoid more significant declining in value and export volume because of trade war and the existance of CPO black campaign, Indonesia must take a diversified step, especially for export market diversification. This study illustrates the condition of Indonesian CPO competitiveness in non-traditional markets, measures the position of Indonesia CPO export market attractiveness, and analyzes factors influence CPO exports. Data used are secondary data obtained from various resources. The time series and cross sections data consecutively consist of variables from 2002 to 2017 and 11 nontraditional importing countries. Time series variables consist of volume export of Indonesia CPO, exchange rate, export price, Indonesia GDP, importers GDP, and economic distance. X–model product export potential and gravity model were used to address the objectives. Indonesian CPO has optimistic market development potential because Indonesia CPO has strong competitiveness and in a rising star position.The analysis result with gravity model showed the factors affecting Indonesian CPO export to nontraditional countries was exchange rate, Indonesia GDP, importers GDP, and economic distance. Government role is important to initiate a long term trade agreement which benefits both parties.

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Section: Factor That Influence Cpo Export In Non Traditional Marketsupporting

confidence: 63%

The Determinants of Indonesia’s CPO Export in Non – Traditional Market

2021

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“…These results were in contrast with research by Rembang et al [14]; which shows that there is a perfect integration of the beef market from producers and consumers in Minahasa because prices at consumers and producers influence respectively. Furthermore, the research by Bakucs and Ferto [25]; Boluk and Karaman [35]; Braha et al [36] also stated that in beef marketing in developing countries, there would be perfect market integration if accompanied by government policies. Imperfect integration of beef marketing in Indonesia shows that the beef market in Indonesia is inefficient both in the short and long term.…”

Section: ) Vecm Estimation Resultsmentioning

confidence: 99%

Vertical Market Integration for Beef Prices Using Vector Error Correction Model (VECM) In Indonesia

Wibowo¹,

Zainuddin²,

Rahman³

et al. 2021

Int. J. Adv. Sci. Eng. Inf. Technol.

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Normatively, price changes that occur in the consumer market will be passed on to the producer's market. The price change is not necessarily enjoyed by beef cattle farmers in Indonesia. The purpose of this research was to examine whether there is a vertical market integration of beef among consumer and producer market in Indonesia. The examination of this issue was done through the Vector Error Correction Model (VECM). The data used in this study were secondary. This study used monthly price data of beef (Rp/kg) in Indonesia, consisting of 96 observations from January 2011 to December 2018. This study reveals that there is a long-term relationship among the consumer market and producer market in Indonesia. The short-run was also found that vertical beef market integration in Indonesia is only one direction, from consumers to producers. This finding represents that the beef market is vertically integrated, but the integration is not perfect. Imperfect integration of beef marketing in Indonesia signifies that the beef market in Indonesia is inefficient both in the short and long term. This study recommends the government formulate policies that provide infrastructure to avoid market exploitation and asymmetry information from the consumer market to the producer market. Besides, the government needs a price brand policy, where the government sets a reasonable price disparity between prices at the farm level and prices at the consumer level.

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“…The "product mapping method" defines the whole process of profiling the commodity structure of the agrarian foreign trade of Uzbekistan. This approach is based on a combination of both above-mentioned indicators (a similar approach has already been tested by Maitah et al, 2016;Bielik et al, 2013;Rezbova et al, 2014;Svatos et al, 2010;Borak et al, 2018;Braha et al, 2019;Ferto 2017Ferto , 2018Jambor et al, 2017;Wajda-Lichy & Kawa, 2018;Bilan et al, 2018;Kozlovskyi et al, 2018). The Lafay index (Lafay, 1992) analysis is used to help provide information on bilateral trade relations between countries and regions.…”

Section: Methodsmentioning

confidence: 99%

Competitiveness of Uzbek agrarian foreign trade – different regional trade blocs and the most significant trade partners

Ortikov

Smutka

Benešová

2019

Journal of International Studies

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Agriculture is one of the leading and largest economic sectors in the nation of Uzbekistan. The share of employees in the agricultural sector is 33% of the population. The annual growth rate of the agricultural sector is 1.7%, and it accounts for 18% of GDP. Agriculture provides jobs for approximately 15 million people, many of whom are part-time workers. During the years 2000-2018, the value of agrarian trade turnover increased from cc 520 million USD to 2.8 billion USD. This paper examines Uzbek foreign trade in agricultural products from the following perspectives: trade balance of Uzbekistan and international competitiveness. The intention of the paper is to determine changes in the character of agricultural trade. Changes in the product structure are identified, and individual changes are explained. The comparative advantages are analyzed according to different groups of countries (Asian countries without CIS countries, CIS without Asian countries, EU28 without other European countries, other European countries without EU and CIS countries, and developing countries). Agrarian trade competitiveness and territorial and commodity structure changes are analyzed for the last 19 years (2000-2018). The commodity structure of agricultural trade is analyzed on the basis of the standard Harmonized System. The source of information in the article is UN COMTRADE. The analysis is based on the following method and indexes: "product mapping approach" method, Herfindahl-Hirschman index,

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Evidence of Spatial Price Transmission in the Case of Kosovo

Cited by 7 publications

References 16 publications

The Determinants of Indonesia’s CPO Export in Non – Traditional Market

The Determinants of Indonesia’s CPO Export in Non – Traditional Market

Vertical Market Integration for Beef Prices Using Vector Error Correction Model (VECM) In Indonesia

Competitiveness of Uzbek agrarian foreign trade – different regional trade blocs and the most significant trade partners

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