An Analysis of Production and Price Relationship for Potato in Turkey: A Distributed Lag Model Application

H. ERDAL1, G. ERDALl2 and K. ESENGUN2
1 Gaziosmanpasa, University, Tokat Vocational School Department of Technical Programs, Tokat, Turkey
2 Gaziosmanpasa, University, Faculty of Agriculture, Department of Agricultural Economics, Tokat, Turkey

Abstract

ERDAL, H., G. ERDAL and K. ESENGUN, 2009. An analysis of production and price relationship for potato in Turkey: a distributed lag model application. Bulg. J. Agric. Sci., 15: 243-250

In this study, the relationship between prices and amount of potato produced and distributed under free market conditions in Turkey were studied using Koyck model of distributed lag models. According to the results, potato production in Turkey has been influenced by the lag value of average price formed in the market. The most striking result of the study is that the time required for the changes in the potato prices in Turkey to have an effect on potato production is 12.33 years. This result shows that the farmers are very enthusiastic for growing this crop, which is largely grown as a staple crop.

Key words: potato production, potato prices, distributed lag model, Koyck model

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