Influence of Cereal Price Volatility over the Cultivated Arable Land in Romania

Abstract:

In the first part of the paper it is presented the introduction, explaining the importance of developing a theme related to volatility analysis of agricultural products, particularly wheat and maize. Throughout the paper are analyzed wheat and maize prices during the period 2007-2014, and subsequently calculate coefficients of variation in prices of wheat and corn. In the second part of the article is realised an analysis of the influence of the level of price volatility in wheat and corn on the level with the same coefficient of variation acreage agricultural products. In conclusion, it appears that, with few exceptions, there is a direct proportional relationship between price volatility levels for certain agricultural and variation and levels of the cultivated area for the same agricultural products.