The rise of the ‘emerging economies’: towards functioning agricultural markets and trade relations? World wheat market instability inspired by emerging markets

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Published:
May 3, 2015
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Vol. 3 No. 1 (2015)
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Andrii Skrypnyk
National University of Life and Environmental Science of Ukraine, Department of Economics Cybernetics
Eduard Bukin
Ghent University, Faculty of Bioscience Engeneering, Department of Agricultural Economics
Mykola Talavyria
National University of Life and Environmental Science of Ukraine, Department of Economics and Management
https://orcid.org/0000-0002-6567-4220

DOI: https://doi.org/10.22630/ZFIR.2015.3.1.5
Keywords : Decomposition of production variation; emerging wheat market; wheat yields and harvested area variation
Abstract
After the USSR decayed into independent countries, wheat production of Ukraine, Kazakhstan and Russia got impulse to tremendous development. The Former Soviet Republics (FSR) from net importers of wheat turned into the net exporters. However, instead of only increasing of global wheat trade, these countries induced enormous volatility to the global market. Regarding that, some institutional changes aimed to decrease variation of wheat production are still not introduced in the FSR. Thus, identifying of key problem in countries policy remains a discussion issue. This article presents production variation decomposition based on input/output data of wheat production in the FSR. Methodology, provided in the articles allows to understand and measure influences of production component on overall production variation

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How to Cite
Skrypnyk, A., Bukin, E., & Talavyria, M. (2015). The rise of the ‘emerging economies’: towards functioning agricultural markets and trade relations? World wheat market instability inspired by emerging markets. Zarządzanie Finansami I Rachunkowość, 3(1), 47–62. https://doi.org/10.22630/ZFIR.2015.3.1.5
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