DYNAMICS OF POLISH WHEAT PRICES IN COMPARISON TO SELECTED WORLD PRICES IN A PERIOD OF ECONOMIC TRANSFORMATION

Abstract

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 world prices over the period of 1990/91 through 1996/97 mainly because of Polish government's intervention.Poland, price analysis, intervention price policy, wheat, Crop Production/Industries, Demand and Price Analysis,