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2022, vol. 69, br. 3, str. 713-731
Correlation analysis of the crude oil, gold and steel prices for the purpose of agricultural development
(naslov ne postoji na srpskom)
aSequester Employment, Belgrade
bUniverzitet Privredna akademija u Novom Sadu, Fakultet za primenjeni menadžment, ekonomiju i finansije, Beograd, Srbija
cUniverzitet odbrane, Vojna akademija, Beograd, Srbija
dBusiness School of Vocational Studies, Belgrade

e-adresaoffice@sequesteremployment.com, slobodan.stanojevic@mef.edu.rs, milan.mih83@gmail.com, biljana.ivanova70@gmail.com, kostic.radan1976@gmail.com, natasa.marjanovic@hotmail.com
Ključne reči: oil price; gold price; steel price; correlation; agriculture
Sažetak
(ne postoji na srpskom)
This paper investigates the relationship between oil, gold and steel prices observed over a period of ten years with the aim of presenting their situation and trends using statistical methods and time series over a longer period of time and their impact on agricultural development. The high share of agriculture in the basic macroeconomic aggregates of the Republic of Serbia conditions that agriculture has a significant role in the foreign trade of the Republic of Serbia, especially in exports. The negative trend of rising fuel prices per farmer reduces the average fuel consumption per hectare. Also, the growth of the price of steel is conditioned by the growth of the prices of agricultural machinery.
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O članku

jezik rada: engleski
vrsta rada: originalan članak
DOI: 10.5937/ekoPolj2203713J
primljen: 01.03.2022.
prihvaćen: 02.06.2022.
objavljen u SCIndeksu: 15.10.2022.
metod recenzije: dvostruko anoniman
Creative Commons License 4.0

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