IDEAS home Printed from https://ideas.repec.org/p/ags/iafepa/289209.html
   My bibliography  Save this paper

Cyclical fluctuations in the production of Polish agriculture

Author

Listed:
  • Jędruchniewicz, Andrzej

Abstract

The main objective of the study is the quantitative characteristics of the business cycle in agriculture in Poland in 1991-2016. The first part of the article is devoted to the theory of cyclical fluctuations in the agriculture. The second part includes an empirical analysis. The investigation of the agricultural business cycle is based on the year-to-year dynamics of the gross value added and final output. On the basis of the added value it was possible to identify four full cycles: (1) 1996-2000; (2) 2001-2006; (3) 2007-2012; (4) 2013-2015. Using the final output, it was considered that also in this case, four cycles can be determined: (1) up to 2000; (2) 2001-2006; (3) 2007-2010; (4) 2011-2015. The cycles’ duration was usually 3-6 years. However, the phases most frequently lasted from 2 to 4 years. On the basis of the analysis, it was also concluded that the amplitude of the entire cycle of gross value added as well as of its individual phases was always, in absolute terms, higher than the amplitude of the final production cycle and phases. The highest absolute amplitude was observed for the cycle of gross value added in 2013-2015.

Suggested Citation

  • Jędruchniewicz, Andrzej, 2018. "Cyclical fluctuations in the production of Polish agriculture," Problems of Agricultural Economics 289209, Institute of Agricultural and Food Economics - National Research Institute (IAFE-NRI).
  • Handle: RePEc:ags:iafepa:289209
    as

    Download full text from publisher

    File URL: http://ageconsearch.umn.edu/record/289209/files/ZER%204%20_2018%20117-140.pdf
    Download Restriction: no

    More about this item

    Keywords

    Agricultural Finance; Farm Management;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iafepa:289209. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/ierigpl.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.