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Measuring food sovereignty of sunflower oil in Egypt (Toda-Yamamoto causality test)

Article

Last updated: 05 Jan 2025

Subjects

-

Tags

Agricultural Economics and Management Sciences

Abstract

The research attempts to answer the following question: “Can food sovereignty from sunflower oil be achieved in Egypt in the long term?" Or “Is it possible to achieve a long-term balanced relationship between the quantity of sunflower oil production and its price in Egypt?" The research relied on the use of the Toda-Yamamoto methodology to estimate long-term causality between the quantity of sunflower oil production as a dependent variable and the real wholesale price of sunflower oil, As an independent variable. the research found a two-way causal relationship between the wholesale price of sunflower oil in logarithmic form as a dependent variable (LNRP) and the quantity of sunflower oil production in logarithmic form as an independent variable (LNPRO) in the long run. It has also been shown that the short-term imbalances between the two variables are decreasing. By about 72% annually, which means reaching a state of equilibrium in the long term within approximately a year and a half.

DOI

10.21608/fjard.2024.306790.1059

Keywords

Toda-Yamamoto, food sovereignty, sunflower oil, time series analysis

Authors

First Name

Samar

Last Name

Thabet

MiddleName

-

Affiliation

Economics and Agribusiness Department, Faculty of Agriculture, Alexandria, Alexandria University

Email

samar.thabet@alexu.edu.eg

City

Alexandria

Orcid

-

First Name

Sherin

Last Name

Sherif

MiddleName

-

Affiliation

Economics and Agribusiness Department, Faculty of Agriculture, Alexandria, Alexandria University

Email

sherin.sherif@alexu.edu.eg

City

Alexandria

Orcid

-

First Name

Nashwa

Last Name

Eltatawy

MiddleName

-

Affiliation

Economics and Agribusiness Department, Faculty of Agriculture, Alexandria, Alexandria University

Email

nashwa.eltatawy@alexu.edu.eg

City

Alexandria

Orcid

-

First Name

Mai

Last Name

Morsi

MiddleName

M.

Affiliation

Economics and Agribusiness Department, Faculty of Agriculture, Alexandria, Alexandria University

Email

mai.hassan@alexu.edu.eg

City

Alexandria

Orcid

0000-0003-0984-4720

Volume

38

Article Issue

4

Related Issue

51583

Issue Date

2024-11-01

Receive Date

2024-07-23

Publish Date

2024-11-01

Page Start

592

Page End

601

Print ISSN

1110-7790

Online ISSN

2805-2528

Link

https://fjard.journals.ekb.eg/article_391812.html

Detail API

https://fjard.journals.ekb.eg/service?article_code=391812

Order

391,812

Type

Research articles.

Type Code

1,920

Publication Type

Journal

Publication Title

Fayoum Journal of Agricultural Research and Development

Publication Link

https://fjard.journals.ekb.eg/

MainTitle

Measuring food sovereignty of sunflower oil in Egypt (Toda-Yamamoto causality test)

Details

Type

Article

Created At

28 Dec 2024