Factors Shaping Agri-food Product Trade in Poland

Piotr Bórawski, Mariola Grzybowska-Brzezińska, James William Dunn and Spiro Stefanou
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Piotr Bórawski: Department of Agrotechnology, Agricultural Production Management and Agribusiness, University of Warmia and Mazury in Olsztyn, Oczapowskiego 8, 10-719 Olsztyn, Poland
Mariola Grzybowska-Brzezińska: Department of Market Analysis and Marketing, University of Warmia and Mazury in Olsztyn, Oczapowskiego 1, 10-719 Olsztyn, Poland
James William Dunn: Department of Agricultural Economics, Sociology and Extension, Pennsylvania State University-University Park, USA, 203 Armsby, University Park, PA 16802, USA

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015, vol. 63, issue 4, 1221-1228

Abstract: The objective of the paper is to recognize the role of internal and external factors in the trade balance. The analysis of the trade balance is useful to help formulate goals and premises of economy policy to properly allocate production means to eliminate the negative effects of trade liberalization. The authors have studied data about trade of agricultural commodities in the years 2000-2010. To measure the impact of macroeconomic variables used a regression model. The macroeconomic factors included: X1 (inflation), X2 (investment in agriculture and hunting), X3 (GDP) and X4 (exchange rate) and X5 (FAO food price index). We wanted to recognize the impact of macroeconomic factors on: Y1 (total export), Y2 (total import), Y3 (trade balance).

Keywords: agri-food products; trade; macroeconomic factors; policy (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2015063041221

DOI: 10.11118/actaun201563041221

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