The Role of Energy on the Price Volatility of Fruits and Vegetables: Evidence from Turkey

Harun Uçak, Esin Yelgen and Yakup Ari

Bio-based and Applied Economics Journal, 2022, vol. 11, issue 01

Abstract: In agricultural economics, fluctuations in food prices and the factors affect-ing these fluctuations have always been an important research topic. From produc-tion to delivery to consumers, the supply chain of agricultural products has a dynamic structure with continuous changes. In this dynamic process, analyzing the intensive use of energy at each stage has gained more importance with its deepening effects in com-parison to the past. This study will empirically explore the volatility spillovers between energy price index and fruit-vegetables price index in the period of 2007-2020 in Tur-key using the Kanas and Diebold-Yilmaz approaches. According to the results obtained from the Kanas approach in the study, it has been observed that there is a statistically significant volatility spillover from the energy price index to the vegetable price index, whereas there is no statistically significant volatility spillover to the fruit price index. This finding was supported by the results obtained from the Diebold-Yilmaz approach showing that there is a volatility spillover of 13.52% to the vegetable price index and 0.86% to the fruit price index from the energy price index.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://ageconsearch.umn.edu/record/322732/files/3_Ucak_et_al.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aieabj:322732

DOI: 10.22004/ag.econ.322732

Access Statistics for this article

More articles in Bio-based and Applied Economics Journal from Italian Association of Agricultural and Applied Economics (AIEAA) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().