Determination of the causal relationship between beef prices and the consumer price index in Turkey

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dc.authorid0000-0003-3732-0529
dc.authorid0000-0001-5888-242X
dc.authorid0000-0003-4862-1706
dc.authorid0000-0002-4060-7048
dc.contributor.authorAkın, Ahmet Cumhur
dc.contributor.authorÇevrimli, Mustafa Bahadır
dc.contributor.authorArıkan, Mehmet Saltuk
dc.contributor.authorTekindal, Mustafa Agah
dc.date.accessioned2020-03-26T20:13:20Z
dc.date.available2020-03-26T20:13:20Z
dc.date.issued2019
dc.departmentSelçuk Üniversitesi, Veteriner Fakültesi, Zootekni ve Hayvan Besleme Bölümüen_US
dc.description.abstractThe rising prices of beef meat have recently restricted its accessibility for consumers who need to consume it for a balanced and healthy diet. Speculations have been made about the increase in beef meat prices being one of the major factors underlying the increase in the consumer price index (CPI). In this scope, the causal relationship between the monthly average prices of beef and the rate of year-on-year change in the CPI for the period between January 2005 and February 2018 was analyzed in the study. Since time series data were used, the augmented Dickey-Fuller and Phillips-Perron tests were conducted to find out whether the series were stationary. Nonstationary series were made stationary by taking their difference. After conducting unit root test on the series, a vector auto regression model was developed, and the causality between the variables was tested by the Granger Causality Analysis. The results of the Granger Causality Analysis indicate that the monthly average price of beef and the rate of year-on-year change in the CPI are causally related at a level of 5% and 10%. In conclusion, the monthly data of the CPI and the beef prices between January 2005 and February 2018 are causally related at a significance level of 1%.en_US
dc.identifier.citationAkin, A. C., Cevrimli, M. B., Arikan, M. S., Tekindal, M. A. (2019). Determination of the Causal Relationship Between Beef Prices and the Consumer Price Index in Turkey. Turkish Journal of Veterinary and Animal Sciences, 43(3), 353-358.
dc.identifier.doi10.3906/vet-1903-19en_US
dc.identifier.endpage358en_US
dc.identifier.issn1300-0128en_US
dc.identifier.issue3en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage353en_US
dc.identifier.urihttps://dx.doi.org/10.3906/vet-1903-19
dc.identifier.urihttps://hdl.handle.net/20.500.12395/37674
dc.identifier.volume43en_US
dc.identifier.wosWOS:000470964400007en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorÇevrimli, Mustafa Bahadır.
dc.institutionauthorTekindal, Mustafa Agah.
dc.language.isoenen_US
dc.publisherSCIENTIFIC TECHNICAL RESEARCH COUNCIL TURKEY-TUBITAKen_US
dc.relation.ispartofTURKISH JOURNAL OF VETERINARY & ANIMAL SCIENCESen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.selcuk20240510_oaigen_US
dc.subjectBeef pricesen_US
dc.subjectcausalityen_US
dc.subjectconsumer price indexen_US
dc.subjectgranger analysisen_US
dc.subjectvector auto regression analysisen_US
dc.titleDetermination of the causal relationship between beef prices and the consumer price index in Turkeyen_US
dc.typeArticleen_US

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