Drivers of Food Price Inflation in Turkey

Food price inflation has increased persistently in recent years in Turkey with a widening divergence from international food price inflation. The study analyzes the main inefficiencies in the Turkish agricultural sector through the lens of food pri...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English
Published:	Washington, DC: 2022
Subjects:	FOOD PRICE INFLATION AGRICULTURAL SECTOR INEFFICIENCIES AGRICULTURE POLICY REFORM AGRICULTURE STRATEGY REGIONAL FOOD PRICE DATA ECONOMETRIC ANALYSIS FOOD COST FOOD PRICE DEVELOPMENT PRICE DYNAMICS DOMESTIC FOOD MARKET
Online Access:	http://documents.worldbank.org/curated/en/099000005242255496/P17030605138760630b3dd0668d9de5089e http://hdl.handle.net/10986/37481

id	okr-10986-37481
recordtype	oai_dc
spelling	okr-10986-374812022-05-28T05:10:34Z Drivers of Food Price Inflation in Turkey World Bank FOOD PRICE INFLATION AGRICULTURAL SECTOR INEFFICIENCIES AGRICULTURE POLICY REFORM AGRICULTURE STRATEGY REGIONAL FOOD PRICE DATA ECONOMETRIC ANALYSIS FOOD COST FOOD PRICE DEVELOPMENT PRICE DYNAMICS DOMESTIC FOOD MARKET Food price inflation has increased persistently in recent years in Turkey with a widening divergence from international food price inflation. The study analyzes the main inefficiencies in the Turkish agricultural sector through the lens of food price formation and discusses the policy actions needed to strengthen the sector’s competitiveness. The results of the analysis show that inefficiencies in agricultural markets, augmented by macroeconomic factors, have put food prices on an upward trajectory. The report findings underscore the need to move away from short-term policy responses to a broader policy strategy aimed at stabilizing prices through increased productivity and improved market linkages. Section one presents an overview of food price dynamics across different agricultural commodities and regions. Section two analyzes various factors that drive food price inflation in Turkey at the national level, grounded in econometric analyses and a literature review. Section three includes an in-depth analysis of regional price formation and transmission for tomatoes, green peppers, and dry onions. Section four presents policy recommendations aimed at tackling the existing inefficiencies in Turkey’s agricultural sector that are contributing to rising food prices. 2022-05-27T18:14:20Z 2022-05-27T18:14:20Z 2020 Report http://documents.worldbank.org/curated/en/099000005242255496/P17030605138760630b3dd0668d9de5089e http://hdl.handle.net/10986/37481 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: Report Publications & Research Europe and Central Asia Turkey
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	FOOD PRICE INFLATION AGRICULTURAL SECTOR INEFFICIENCIES AGRICULTURE POLICY REFORM AGRICULTURE STRATEGY REGIONAL FOOD PRICE DATA ECONOMETRIC ANALYSIS FOOD COST FOOD PRICE DEVELOPMENT PRICE DYNAMICS DOMESTIC FOOD MARKET
spellingShingle	FOOD PRICE INFLATION AGRICULTURAL SECTOR INEFFICIENCIES AGRICULTURE POLICY REFORM AGRICULTURE STRATEGY REGIONAL FOOD PRICE DATA ECONOMETRIC ANALYSIS FOOD COST FOOD PRICE DEVELOPMENT PRICE DYNAMICS DOMESTIC FOOD MARKET World Bank Drivers of Food Price Inflation in Turkey
geographic_facet	Europe and Central Asia Turkey
description	Food price inflation has increased persistently in recent years in Turkey with a widening divergence from international food price inflation. The study analyzes the main inefficiencies in the Turkish agricultural sector through the lens of food price formation and discusses the policy actions needed to strengthen the sector’s competitiveness. The results of the analysis show that inefficiencies in agricultural markets, augmented by macroeconomic factors, have put food prices on an upward trajectory. The report findings underscore the need to move away from short-term policy responses to a broader policy strategy aimed at stabilizing prices through increased productivity and improved market linkages. Section one presents an overview of food price dynamics across different agricultural commodities and regions. Section two analyzes various factors that drive food price inflation in Turkey at the national level, grounded in econometric analyses and a literature review. Section three includes an in-depth analysis of regional price formation and transmission for tomatoes, green peppers, and dry onions. Section four presents policy recommendations aimed at tackling the existing inefficiencies in Turkey’s agricultural sector that are contributing to rising food prices.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Drivers of Food Price Inflation in Turkey
title_short	Drivers of Food Price Inflation in Turkey
title_full	Drivers of Food Price Inflation in Turkey
title_fullStr	Drivers of Food Price Inflation in Turkey
title_full_unstemmed	Drivers of Food Price Inflation in Turkey
title_sort	drivers of food price inflation in turkey
publisher	Washington, DC:
publishDate	2022
url	http://documents.worldbank.org/curated/en/099000005242255496/P17030605138760630b3dd0668d9de5089e http://hdl.handle.net/10986/37481
_version_	1764487290983284736

Drivers of Food Price Inflation in Turkey

Similar Items