Agricultural Economics, 2023 (vol. 69), issue 8
Geopolitical deadlock and phosphate shortfall behind the price hike? Evidence from Moroccan commodity marketsOriginal Paper
Marek Vochozka, Svatopluk Janek, Lenka ©iráòová
Agric. Econ. - Czech, 2023, 69(8):301-308 | DOI: 10.17221/140/2023-AGRICECON 
Phosphate fertilisers rank among limited conventional production aids, requiring eco-unfriendly mining methods. On the other hand, wheat is an indispensable agricultural commodity essential in the food industry. For this reason, it is appropriate to monitor the potential bivariate relationship between these commodities and to follow their future development closely. The article aims to identify a correlation (Kendall’s tau) and causal (Granger causality test) between the price of Moroccan phosphate and wheat, applying vector autoregression (VAR). The results show a medium-to-strong correlation between phosphate and wheat, while causal analysis...
Predispositions and challenges of agriculture from areas particularly facing natural or other specific constraints in Poland in the context of providing environmental public goods under EU policyOriginal Paper
Marek Zieliñski, Jan Jadczyszyn, Jolanta Sobierajewska
Agric. Econ. - Czech, 2023, 69(8):309-320 | DOI: 10.17221/184/2023-AGRICECON
The study’s main objective is to determine the predisposition and challenges of agriculture to provide environmental public goods to society in areas particularly facing natural or other specific constraints (ANCs) established within their current delimitation in Poland. Its organisational features, economic situation, and the degree of interest in measures specifically serving the protection of the natural environment under the Common Agriculture Policy (CAP) EU were indicated. Statistically significant factors determined farmers’ willingness to participate in these measures. It turned out that farms from ANCs communes with particularly...
Analysis of the perception and presence of design in the fruit and vegetable cluster: The case of southeast SpainOriginal Paper
Mónica Arroyo-Vázquez, Óscar González-Yebra, Bélgica Pacheco-Blanco, Miguel Ángel Artacho-Ramírez
Agric. Econ. - Czech, 2023, 69(8):321-331 | DOI: 10.17221/169/2023-AGRICECON
Companies must provide economic, environmental and social added value based on innovation strategies, design and creative thinking in a globalised and competitive world characterised by rapid change and constantly evolving technologies. In this context, this paper analyses the role of design practice in companies in the agri-food sector (i.e. what is the design component present like; what are its relevance and importance?) An exploratory, descriptive study was conducted with 30 companies in southeast (SE) Spain’s fruit/vegetable sector. The findings reveal that all the surveyed companies make financial investments in design and positively...
Multi-frequency downside risk interconnectedness between soft agricultural commoditiesOriginal Paper
Dejan ®ivkov, Boris Kuzman, Jonel Subiæ
Agric. Econ. - Czech, 2023, 69(8):332-342 | DOI: 10.17221/125/2023-AGRICECON
In this article, we explore multiscale extreme risk interdependence between four soft agricultural markets – coffee, cocoa, cotton and orange juice. Wavelet correlation and cross-correlation are used to investigate this interlink, and dynamic conditional Value at Risk is used to measure extreme risk. Wavelet correlation results suggest a very weak connection between the markets in the short-term and midterm horizons, which means that investors who operate in the short term or midterm do not have to apply hedging measures against extreme risk. However, the situation is different in the long term, where relatively high correlations are found...