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Vesna Jablanovic – University of Belgrade, Faculty of Agriculture, Nemanjina 6, 11081 Belgrade, Serbia

Keywords:
Wheat;
Producer price;
Chaos

DOI: https://doi.org/10.31410/ITEMA.2022.395

Abstract: Movements in wheat producer prices are indicators of changes in the fundamentals of supply and demand. This paper creates the chaotic wheat producer price growth model and explains the local stability of the wheat producer price in the period 1991-2020 in the U.S., Germany and the Russian Federation. This paper confirms the stable growth of wheat producer price in those countries in the observed period.

6th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2022 – Conference Proceedings, Hybrid (University of Maribor, Slovenia), October 27, 2022

ITEMA Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania

ITEMA Conference 2022 Conference Proceedings: ISBN 978-86-80194-63-9, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2022

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.

Suggested citation

Jablanovic, V. (2022). The Chaotic Wheat Producer Price Growth Model. In V. Bevanda (Ed.), International Scientific Conference ITEMA 2022: Vol 6. Conference Proceedings (pp. 395-399). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ITEMA.2022.395

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Medio, A. (1993). Chaotic dynamics: Theory and applications to economics. Cambridge: Cam­bridge University Press

Tapia Cortez, C.A., Coulton, J., Sammut, C., & Saydam, S. (2018). Determining the chaotic be­haviour of copper prices in the long-term using annual price data. Palgrave Communica­tions 4, 8. https://doi.org/10.1057/s41599-017-0060-x 

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