Abstract
The production of milk is an essential branch of agricultural production in Poland. There have been considerable changes in the milk market in Poland over the last 20 years (such as, e.g., the adjustment of the market to the EU requirements, which had an impact on the functioning of this market as well as its spatial integration. This research mainly aimed to assess the processes of spatial integration on the Polish milk market in the period 1999–2018. In order to process the material collected, the author applied the analysis of price differences, the analysis of correlation, the Johansen test of cointegration and the Granger causality test. As a result of the research conducted, it was found that there is a long-term balance between prices in various voivodeships in Poland. Moreover, the closer the voivodeships were to one another, the greater the co-variability of prices was between them. In addition, it was indicated which voivodeships were crucial from the point of view of the process of revealing and determining raw milk prices in Poland by two distinguished periods (1999–2008 and 2009–2018).
Highlights
The issue of spatial interrelations is subject matter that often draws the attention of economists studying markets, including agricultural markets [1]
The research was based on monthly purchase prices of raw milk by vvooiivvooddeesshhiippss
The main research issue undertaken in this publication is the evaluation of spatial integration processes on the Polish milk market
Summary
The issue of spatial interrelations is subject matter that often draws the attention of economists studying markets, including agricultural markets [1]. Those interrelations are often analysed in regions, macro-regions and countries. The fundamental idea of sustainable farming is the merging of agricultural production with concern for the environment. This can be achieved by using available resources in such a way so as to satisfy farmers’ and consumers’ needs while preserving highly valued assets of the natural environment at the same time [2]. Farmers need to know about the functioning of the market, price stability and volatility, which depends on the processes of spatial market integration
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
