THE INFLUENCE OF ECONOMIC AND ENERGY CRISIS ON PRICE OF AGRICULTURAL PRODUCTS
DOI:
https://doi.org/10.59267/ekoPolj2301253DKeywords:
energetic crisis, economic crisis, agricultural production, sustainable agricultural economy, inflation, SerbiaAbstract
The purpose of this research is to explain the impact of the economic and energy crisis on the rise of prices of agricultural products and further development of a sustainable agricultural economy in Serbia. In the paper are used comparative data for analysis of the movement of agricultural production and inflation in the last 10 years. The evident result of the research is the great impact of the economic and energy crisis on the rise of prices of agricultural products and rising inflation. The main task of this research is to help to understand factors which are connected to the rise of prices of agricultural products, and to suggest adequate solutions for stopping inflation with the aim to obtain the supply of necessary foods in periods of crisis. In paper are recommended new strategies which will contribute to the proper treatment of agricultural production in the future and sustainable development.
Downloads
References
Constantin, M., Rădulescu D. I, Andrei V. J., ChivuL.,ErokhinV.,&Gao, T. (2021). A perspective on agricultural labor productivity and greenhouse gas emissions in context of the common agricultural policy exigencies,Economics of Agriculture, 68(2), (53-67).
Consumer price indices by COICOP, September 2022, Statistical Release, Prices - Consumer prices 12.10.2022, Statistical Office of the Republic of Serbia
Dejanović, M., (2013), The impact of the economic crisis on socially responsible behavior, Tehnika, vol. 68(2),(343-348)
Dejanović, M., (2015),Socially responsible behavior and economic diplomacy, ZadužbinaAndrejević, Belgrade.
Eurostat, (2022), Available online: https://ec.europa.eu/eurostat/statisticsexplained/index.php?title=Agricultural_production_-_crops#Cereals,
downloaded 15.10.2022 22:01
Food and Agriculture Organization of the United Nations (FAO), Sustainable Food Value Chains Knowledge Platform, Available online: https://www.fao.org/sustainable-food-value-chains/what-is-it/en/ , downloaded 17.10.2022 23:02
Food security update, (2022). World Bank, Last update October 13, 2022, (1-24), Available online: https://thedocs.worldbank.org/en/doc/40ebbf38f5a6b68bfc11e5273e1405d4-0090012022/related/Food-Security-Update-LXXI-October-13-2022.pdf
Langemeier,M. (2022). Trends in General Inflation and Farm Input Prices, Center for Commercial Agriculture, April 2022,Purdue University, Available online:https://ag.purdue.edu/commercialag/home/wpcontent/uploads/2022/04/20220429_Langemeier-TrendsInGeneralInflationAndFarmInputPrices.pdf
Statistical Office of the Republic of Serbia, Available online: https://www.stat.gov.rs/en-US/vesti/statisticalrelease/?p=8856&a=09&s=090201?s=090201, download ed 15.10.2022 23:07
Quarterly Gross domestic product of the Republic of Serbia, II Quarter 2022 ,Statistical Release, National accounts - Quarterly national accounts 31.08.2022, Statistical Office of the Republic of Serbia
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Economics of Agriculture
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.