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The Influence of Ukraine’s Foreign Grain Trade through Romania on Prices

Author

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  • Maria Cristina Sterie

    (The Department of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010374 Bucharest, Romania
    Research Institute of Agriculture and Rural Development, 011464 Bucharest, Romania)

  • Ionut Laurentiu Petre

    (The Department of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010374 Bucharest, Romania)

  • Iulia Bianca Bogos

    (The Department of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010374 Bucharest, Romania)

Abstract

The objective of the present research was to determine the external influence of the grain trade, i.e., the influence of Ukraine’s grain trade through Romania on price levels recorded at Romania’s borders. The research methods to achieve this objective consisted of quantitative and qualitative analyses of wheat and maize imports and export data from the beginning of 2022 to the present, as well as using the t-stat test to determine the existence of significant price differences, and the linear regression model. The research results confirm that there were differences between the two pre- and post-military conflict periods regarding the volume of imports from Ukraine and the increase in the supply of wheat and maize from Romania, through this trade activity, led to changes in prices.

Suggested Citation

  • Maria Cristina Sterie & Ionut Laurentiu Petre & Iulia Bianca Bogos, 2022. "The Influence of Ukraine’s Foreign Grain Trade through Romania on Prices," Commodities, MDPI, vol. 1(2), pages 1-15, November.
    • Handle: RePEc:gam:jcommo:v:1:y:2022:i:2:p:10-166:d:970550
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    References listed on IDEAS

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    1. Louis Ederington & Jae Ha Lee, 2002. "Who Trades Futures and How: Evidence from the Heating Oil Futures Market," The Journal of Business, University of Chicago Press, vol. 75(2), pages 353-374, April.
    2. Eduard Alexandru Dumitru & Ana Ursu & Valentina Constanta Tudor & Marius Mihai Micu, 2021. "Sustainable Development of the Rural Areas from Romania: Development of a Digital Tool to Generate Adapted Solutions at Local Level," Sustainability, MDPI, vol. 13(21), pages 1-18, October.
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