Acta Univ. Agric. Silvic. Mendelianae Brun. 2015, 63, 1221-1228

https://doi.org/10.11118/actaun201563041221
Published online 2015-09-02

Factors Shaping Agri-food Product Trade in Poland

Piotr Bórawski1, Mariola Grzybowska-Brzezińska2, James William Dunn3, Spiro E. Stefanou4

1Department of Agrotechnology, Agricultural Production Management and Agribusiness, University of Warmia and Mazury in Olsztyn, Oczapowskiego 8, 10-719 Olsztyn, Poland
2Department of Market Analysis and Marketing, University of Warmia and Mazury in Olsztyn, Oczapowskiego 1, 10-719 Olsztyn, Poland
3Department of Agricultural Economics, Sociology and Extension, Pennsylvania State University-University Park, USA, 203 Armsby, University Park, PA 16802, USA
4Food and Resource Economics Department, 1169 McCarty A. PO Box 110240, Gainesville, FL 32611-0240, USA

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).

Funding

This paper was supported by statutory grant No. 20.610.006-300.

References

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