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Regression Analysis of Variables Describing Poultry Meat Supply in European Countries Cover

Regression Analysis of Variables Describing Poultry Meat Supply in European Countries

Open Access
|Jan 2013

Abstract

In this paper, based on the analysis of official FAOSTAT and EUROSTAT data on poultry meat for 38 European countries for years 2007 and 2009, two hypotheses were examined. Firstly, considering four clustering variables on poultry meat, i.e. production, export and import in kg/capita, as well as the producer price in US $/t, using descriptive exploratory and cluster analysis, the hypothesis that the clusters of countries may be recognized was confirmed. As a result six clusters of similar countries were distinguished. Secondly, based on multiple regression analysis, this paper proofs that there exists the statistically significant relationship of poultry meat production on export and import of that kind of meat, all measured in kg/capita. There is also a high correlation between production, as a dependent, and each of two independent variables.

DOI: https://doi.org/10.2478/v10051-012-0028-y | Journal eISSN: 1581-1832 | Journal ISSN: 1318-5454
Language: English
Page range: 289 - 299
Published on: Jan 5, 2013
Published by: University of Maribor
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2013 Miro Simonič, Ksenija Dumičić, Gabrijel Devetak, published by University of Maribor
This work is licensed under the Creative Commons License.