Research Article

Structural Break Analysis in Beef Production of Turkey

Volume: 24 Number: 5 October 31, 2021
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Structural Break Analysis in Beef Production of Turkey

Abstract

Although Turkey has significantly increased beef production in the last fifty years via livestock protection and domestic support policies, self-sufficiency and price stability has not been sufficiently achieved. Forecasting is essential to analyse the structure of the beef market and evaluate the sector. This study aimed to forecast beef production of Turkey by considering structural breaks. The data of the study was time series of beef production for the period 1961-2019 and it was obtained from the Turkish Statistical Institute and, Food and Agriculture Organization. Data was analysed and forecasted using ARIMA Model. The results indicated that ARIMA (1, 1, 0) is the best-fitted model and beef production would regularly increase in four years period and reach 1,133,687 tons in 2023. This research concluded that despite two structural breaks of beef production in 1983 and 2009, imports and domestic support policies substantially shaped the trend of beef time series in the last decade in Turkey.

Keywords

References

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Details

Primary Language

English

Subjects

Agricultural, Veterinary and Food Sciences

Journal Section

Research Article

Publication Date

October 31, 2021

Submission Date

October 19, 2020

Acceptance Date

March 1, 2021

Published in Issue

Year 2021 Volume: 24 Number: 5

APA
Alhas Eroğlu, N., Bozoğlu, M., Bilgiç, A., Kılıç Topuz, B., & Başer, U. (2021). Structural Break Analysis in Beef Production of Turkey. Kahramanmaraş Sütçü İmam Üniversitesi Tarım Ve Doğa Dergisi, 24(5), 1111-1117. https://doi.org/10.18016/ksutarimdoga.vi.812961

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