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Article

Milk Market Integration between Poland and the EU Countries

Institute of Economics and Finance, Warsaw University of Life Sciences, 02-787 Warsaw, Poland
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Agriculture 2020, 10(11), 561; https://doi.org/10.3390/agriculture10110561
Received: 31 October 2020 / Revised: 15 November 2020 / Accepted: 18 November 2020 / Published: 20 November 2020
(This article belongs to the Special Issue Agricultural Food Marketing, Economics and Policies)
Milk is one of the most essential agricultural products in the EU. One of the major milk producers in the EU is Poland. Polish farmers account for supplying 8% of the total EU production. Nevertheless, Polish milk prices differ from the prices recorded in its western neighbors. The aim of the article has been to evaluate the dynamics of the relationships between milk prices in Poland and in the EU countries. To develop it, the monthly raw milk prices, covering the period January 2005 through December 2018, were applied. The calculations were made for the entire selected period as well as for two sub-periods: 2005–2011 and 2012–2018. The results were used to confirm the milk market integration between Poland and the EU countries. Besides, it must be noted that the relations increased considerably since 2012. The EU countries which have recorded the greatest impact on the prices in Poland are Germany, Ireland, France and Slovakia. View Full-Text
Keywords: milk market; Poland; EU; market integration; price volatility; VAR model milk market; Poland; EU; market integration; price volatility; VAR model
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MDPI and ACS Style

Roman, M.; Roman, M. Milk Market Integration between Poland and the EU Countries. Agriculture 2020, 10, 561. https://doi.org/10.3390/agriculture10110561

AMA Style

Roman M, Roman M. Milk Market Integration between Poland and the EU Countries. Agriculture. 2020; 10(11):561. https://doi.org/10.3390/agriculture10110561

Chicago/Turabian Style

Roman, Monika, and Michał Roman. 2020. "Milk Market Integration between Poland and the EU Countries" Agriculture 10, no. 11: 561. https://doi.org/10.3390/agriculture10110561

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