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Descriptive Analysis of Maize Characteristics
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Author(s): Biljana Grujić Vučkovski (Tamiš Research and Development Institute, Pančevo, Serbia)and Irina Marina (Institute of Agricultural Economics, Belgrade, Serbia)
Copyright: 2024
Pages: 26
Source title:
Marketing and Resource Management for Green Transitions in Economies
Source Author(s)/Editor(s): Jean-Vasile Andrei (Petroleum-Gas University of Ploiesti, Romania), Mile Vasić (European Marketing and Management Association, Banja Luka, Bosnia and Herzegovina), Luminita Chivu (National Institute of Economics Research, Romanian Academy, Romania)and Boris Kuzman (Institute of Agricultural Economics, Serbia)
DOI: 10.4018/979-8-3693-3439-3.ch012
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Abstract
In this chapter, the authors followed the trend of the movement of maize according to selected variables: harvested area (in ha), production (in t), and the value of maize exports (thousand USD). The movement of these variables was observed in the example of twenty-seven European countries that have available data in the period from 2010 to 2022. The aim of the research was to determine the changes that occurred in the analyzed countries during the observed time period and according to the variables in terms of growth and/or reduction of average indicator values. The basic source of data was the FAOSTAT database, but also other relevant scientific and professional literature. The results of applying descriptive statistics showed that the greatest deviation from the arithmetic mean was recorded in the value of maize exports (Cv = 209.3493), while the Pearson correlation coefficient showed that the strongest correlation was between production and area harvested of maize (.955). Finally, a conclusion was given according to the graphic presentation in the form of a trend line of maize production.
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