Koniunktura w rolnictwie warunkiem bezpieczeństwa żywnościowego gospodarki
Economic Situation in Agriculture as a Condition of Food Security of the Economy
Author(s): Anna Szczepańska-Przekota, Agnieszka Lisowska, Tadeusz WaścińskiSubject(s): Supranational / Global Economy, Agriculture, Economic development
Published by: Wojskowa Akademia Techniczna im. Jarosława Dąbrowskiego
Keywords: agriculture; GDP; cointegration; causality;
Summary/Abstract: In the past years, agriculture as a field of economy has been undergoing large transformations. On the one hand, it has become more modern but on the other hand its share in the GDP growth has been diminishing. The question: what the connection is between the condition on the local market and the general economic condition seems fundamental. This is the purpose of this study. On the basis of the added value of agriculture and the Gross Domestic Product in the years 1992-2017 in the United States, Great Britain, France and Poland, the connection was determined between these variables. Correlative and cointegration research was carried out. The general conclusions are compliant. On the basis of the research results, conclusions may be drawn about a poorer increase of agriculture in Europe as compared to the United Stated. Over the entire period, a very slow increase in the value added of agriculture in Europe (here, Great Britain, France and Poland) was observed in comparison to the GDP growth. Meanwhile, in the United States, agriculture is growing at a pace similar to GDP growth. Grounds for the statement were found that disturbances in agriculture may have a negative impact on the entire economy. This is particularly evident in Europe. Hence, it is recommended to examine the current policy of the European Union. This result may be caused by an “overregulation” of the European economy.
Journal: Systemy Logistyczne Wojsk
- Issue Year: 54/2021
- Issue No: 1
- Page Range: 183-198
- Page Count: 16
- Language: Polish
