Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes
Prices of agricultural products fluctuate depending upon several factors. In Turkey, potatoes are one of the main products for which price fluctuations are observed. This study was undertaken to determine the effect of the fluctuation in potato prices on producer incomes in Turkey. The Neyman Method...
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| Format: | Article |
| Language: | English |
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Hasan Eleroğlu
2017-10-01
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| Series: | Turkish Journal of Agriculture: Food Science and Technology |
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| Online Access: | http://www.agrifoodscience.com/index.php/TURJAF/article/view/1356 |
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| author | Hasan Arısoy Zeki Bayramoğlu |
| author_facet | Hasan Arısoy Zeki Bayramoğlu |
| author_sort | Hasan Arısoy |
| collection | DOAJ |
| description | Prices of agricultural products fluctuate depending upon several factors. In Turkey, potatoes are one of the main products for which price fluctuations are observed. This study was undertaken to determine the effect of the fluctuation in potato prices on producer incomes in Turkey. The Neyman Method was used to determine the sample size. The number of enterprises required to achieve a representative sample size was determined to be 56, with a 5% error margin and a 95% reliability limit. The way in which the potato cultivation area is affected by price was examined. The Koyck model was utilized for this purpose. By using Koyck analysis, average lag time was calculated to be approximately 1 year. This result indicates that the fluctuation in potato prices has quite a rapid effect on production. It was determined that producer income varies greatly depending on annual potato prices. The difference between estimated potato price and the actual price for the year 2012 resulted in an income loss of 11,198.6 $/ha. Some sustainable efforts such as production planning can be recommended to prevent these price fluctuations. |
| format | Article |
| id | doaj-art-a198f6d1b8534e9babc47b084a2d18ca |
| institution | DOAJ |
| issn | 2148-127X |
| language | English |
| publishDate | 2017-10-01 |
| publisher | Hasan Eleroğlu |
| record_format | Article |
| series | Turkish Journal of Agriculture: Food Science and Technology |
| spelling | doaj-art-a198f6d1b8534e9babc47b084a2d18ca2025-08-20T03:18:59ZengHasan EleroğluTurkish Journal of Agriculture: Food Science and Technology2148-127X2017-10-015111342134910.24925/turjaf.v5i11.1342-1349.1356651Determination of the Effect of Price Fluctuations on Producer Income – the Case of PotatoesHasan Arısoy0Zeki BayramoğluDepartment of Agricultural Economics, Faculty of Agriculture, Selcuk University, 42075 Selcuklu/KonyaPrices of agricultural products fluctuate depending upon several factors. In Turkey, potatoes are one of the main products for which price fluctuations are observed. This study was undertaken to determine the effect of the fluctuation in potato prices on producer incomes in Turkey. The Neyman Method was used to determine the sample size. The number of enterprises required to achieve a representative sample size was determined to be 56, with a 5% error margin and a 95% reliability limit. The way in which the potato cultivation area is affected by price was examined. The Koyck model was utilized for this purpose. By using Koyck analysis, average lag time was calculated to be approximately 1 year. This result indicates that the fluctuation in potato prices has quite a rapid effect on production. It was determined that producer income varies greatly depending on annual potato prices. The difference between estimated potato price and the actual price for the year 2012 resulted in an income loss of 11,198.6 $/ha. Some sustainable efforts such as production planning can be recommended to prevent these price fluctuations.http://www.agrifoodscience.com/index.php/TURJAF/article/view/1356price fluctuationproducer incomepotatokoyck modelcobweb theory |
| spellingShingle | Hasan Arısoy Zeki Bayramoğlu Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes Turkish Journal of Agriculture: Food Science and Technology price fluctuation producer income potato koyck model cobweb theory |
| title | Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes |
| title_full | Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes |
| title_fullStr | Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes |
| title_full_unstemmed | Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes |
| title_short | Determination of the Effect of Price Fluctuations on Producer Income – the Case of Potatoes |
| title_sort | determination of the effect of price fluctuations on producer income the case of potatoes |
| topic | price fluctuation producer income potato koyck model cobweb theory |
| url | http://www.agrifoodscience.com/index.php/TURJAF/article/view/1356 |
| work_keys_str_mv | AT hasanarısoy determinationoftheeffectofpricefluctuationsonproducerincomethecaseofpotatoes AT zekibayramoglu determinationoftheeffectofpricefluctuationsonproducerincomethecaseofpotatoes |