Producer Price Risk of Basic Cereals and Oilseeds in Black Sea Countries

Tanya Georgieva ()
Additional contact information
Tanya Georgieva: University of Economics - Varna

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2018, vol. 7, issue 2, 258-266

Abstract: The geographic location and the combination of natural and climatic conditions in the Black Sea region are comparatively favorable for cereals and sunflower seeds production and trade. The region offers a diverse picture of macroeconomic policies that affect agricultural production. This raises the question of the impact of government policies on price levels and price risk rates faced by agricultural producers in Black Sea region countries. The purpose of this paper is to make a comparative assessment of price levels, price risk and the impact of macroeconomic policies on these variables for wheat, maize and sunflower growers on the basis of particular concept of price risk. The survey covers the period 2007-2014. The risk levels in Bulgaria, Romania, Ukraine and Turkey were measured by a coefficient of variation for the prices. In order to assess the impact of government policies on price levels, a Nominal Protection Ratio was used. The impact of world prices on producer prices has been assessed.

Keywords: Black Sea Region; price risk; pricing policy (search for similar items in EconPapers)
JEL-codes: Q0 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.su-varna.org/izdanij/2018/EconomicSciencesSeries_2018_2/258-266.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:vra:journl:v:7:y:2018:i:2:p:258-266

Access Statistics for this article

More articles in Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series from Union of Scientists - Varna, Economic Sciences Section Contact information at EDIRC.
Bibliographic data for series maintained by Pavel Petrov ().