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Correlation between the Greatest Agricultural Products Exporters to the EU: is Ukraine included?

Authors :
Kiforenko, Oksana
Source :
Agris On-Line Papers in Economics & Informatics. Sep2023, Vol. 15 Issue 3, p87-103. 17p.
Publication Year :
2023

Abstract

Due to the challenges we are experiencing nowadays, the importance of food security is gaining in its attention, making the subjects supplying agricultural production and ready-made food products more important and influential either economically or politically. The data under research are the agricultural products exports of Brazil, Canada, China, Ukraine, the United Kingdom and the United States to the European Union. The agricultural products are the goods from SITC (0+1) groups. The timeframe under analysis is eleven years - from 2012 to 2022 included. The purpose of the research is to assess whether the Ukrainian agricultural exports to the EU are correlated with the said exports of Brazil, Canada, China, the UK and the USA, and, if they are, how strong the correlation is. The comparative analysis of the dynamics, simple statistics, differences with the previous periods for the agricultural products exports of the analysed subjects to the EU was conducted. The trend lines for the analysed data during the given timeframe and two following years, were built using the appropriate function. The Pearson and Spearman correlation coefficients and their corresponding p-values were calculated and analysed. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
18041930
Volume :
15
Issue :
3
Database :
Academic Search Index
Journal :
Agris On-Line Papers in Economics & Informatics
Publication Type :
Academic Journal
Accession number :
173547037
Full Text :
https://doi.org/10.7160/aol.2023.150308