REVIEW PAPER
Economic situation in agriculture as a condition of food securuty of the economy
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Katedra Innowacyjności i Przedsiębiorczości, Politechnika Warszawska, Polska
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Politechnika Koszalińska
Wydział Nauk Ekonomicznych
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Politechnika Warszawska
Wydział Zarządzania
A - Research concept and design; B - Collection and/or assembly of data; C - Data analysis and interpretation; D - Writing the article; E - Critical revision of the article; F - Final approval of article
Submission date: 2021-06-07
Acceptance date: 2021-07-20
Publication date: 2021-07-20
Corresponding author
Agnieszka Liliana Lisowska
Katedra Innowacyjności i Przedsiębiorczości, Politechnika Warszawska, ul. Narbutta 85, 02-524, Warszawa, Polska
SLW 2021;54(1):183-198
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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. 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. The research problem revolves around the problems occurring between agricultural market prosperity and general economic prosperity. From the research problem the aim of the study was derived, which is to investigate the relationship between the agricultural market prosperity and the economic prosperity of the country. The authors made an attempt to confirm the research thesis: The general economic conjuncture shaped by certain economic factors affects the formation of conjuncture on the agricultural market. As the relations between the agricultural market and the economic situation appear to be mutual, it is interesting to recognize the statistical properties of this process.