This paper addresses the issue of price risk assessment in the agricultural commodity markets. Four the most frequently used approaches and related methods of measuring price risk in commodity markets were characterized and used to assess price risk in the wheat market in Poland. Results of the...

Poland's market reforms implemented in 1990 should possibly result in increasing price linkages between Polish and internationally traded agricultural commodities like wheat. Using regression and cointegration analysis Polish monthly wheat prices were found to be generally unrelated to selected...

Demand-related premises of production growth and income allocation in the agri-food sector. Using the dynamic stochastic general equilibrium models in the analysis and evaluation of the agricultural policy. Perspectives and effects of potential CAP changes in the light of modelling results....

In this paper we use weekly milling wheat price series for nine selected EU countries to evaluate levels and components of volatility in the period from July 2004 to April 2011 and to examine how sensitive the results can be to spatial aggregation of the price data. The prices were analyzed in...

In the period of 1995-2013 the Polish agro-food export exhibited a very dynamic growth. It has happened under free-floating exchange rate system, which is believed to help stimulate exports when the Polish currency depreciates. Using some econometric procedures we have found that the exchange...

It is quite widely believed that well developed clusters are vehicles for competitiveness and innovation. In the paper we test a hypothesis that occurrence of strong clusters in a country’s agro-food sector is positively related to its international competitiveness. Using the European Cluster...

The economic substance of the cluster concept. Key conditions for the emergence and development of agri-food clusters in Poland. Identification and spatial distribution of agri-food clusters. Examples of global agri-food clusters.