Publication: Relationship Between Price Dynamics for Individual Agricultural Products
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Date
2023
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Publisher
International Journal of Academic Management Science Research
Abstract
Security is one of the key concepts in the analysis of economic dynamics. Among the individual varieties of this concept, food security stands out, the basis of which is agricultural products. This is due to the fact that products are the basis o f life support for the entire population, and, consequently, for the personnel of enterprises, firms, companies, and any economic entities. Various data can be used to determine the level of food security. Among such data, the dynamics of prices for agricu ltural products should be noted. This indicator reflects the significant supply and demand of any product. The change in prices is formed under the influence of many factors, which is reflected in the corresponding values of the stock market. We are considering price changes for different products. To do this, we use the classical methods of statistical analysis. All data are presented in the form of graphs. Thi s allows you to better understand the dynamics of commodity prices. To analyze the mutual influen ce of prices on agricultural products, we use the wavelet methodology. This is presented in the paper in the form of wavelet coherence estimates, which are shown in the diagrams. The results obtained help substantiate various strategies for achieving an acceptable level of security and conditions for entering the securities market.
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Keywords
stock market, statistical analysis
Citation
Shapran E. Relationship Between Price Dynamics for Individual Agricultural Products / Shapran E., Tatar M., Lyashenko V. // International Journal of Academic Management Science Research. – 2023. – Vol. 7(5). – P. 22-28.