Author/Authors :
Akseki, Utku Ege Üniversitesi - İktisat Bölümü, Turkey
Title Of Article :
ECONOMETRIC ANALYSIS OF WORLD HAZELNUT DEMAND: PANEL DATA ANALYSIS (1970-2010)
Abstract :
The aim of this study is to suggest alternative policies, to analyze income effect and price effect of substitution goods, and to determine the determinants of world hazelnut demand. For this purpose a world hazelnut demand model is constructed based on the panel data of the top four-hazelnut importing countries (Germany, Belgium, Switzerland, Italy) covering the period 1970-2010. Estimation results indicate that hazelnut demand is not too much sensitive to change in price of hazelnut and almond and income of the countries under consideration. This implies that the establishment of a hazelnut board in Turkey aiming the regulation of the market price may lead to rise in the producer’s revenue.
NaturalLanguageKeyword :
Hazelnut , Hazelnut demand , Panel Data Analysis
JournalTitle :
Ege Strategic Research Journal
