EUL Academician Derviş Kırıkkaleli and EUL PhD Student İbrahim Darbaz investigated the relationship between global energy price and global food price
European University of Lefke (EUL), Faculty of Economics and Administrative Sciences Faculty Member Assoc. Prof. Dr. Derviş Kırıkkaleli and EUL PhD Student İbrahim Darbaz’s work titled The Causal Linkage between Energy Price and Food Price, which was prepared together with, in which the relationship between the global energy price and the global food price was discussed, was published in the Energies magazine of the MDPI publishing house, one of the best magazines in the field.
“Agriculture will have to feed more people in the coming years using less land and water”
“The COVID-19 crisis has shown once again that food safety is one of the most important issues in today’s world and in the future. As underlined in the United Nations’ World Population Prospects report published in 2019, the current global population of 7.7 million in 2019 is predicted to exceed 9.7 billion in 2050. In addition, developing countries are expected to double their population in the same period. The global food demand is increasing in parallel with the increase in the world population, but the existing agricultural areas are decreasing due to urbanization. In addition, the quality and amount of water that can be used in agriculture is decreasing, and agricultural lands are getting dry due to intensive use and salty irrigation water, Kırıkkaleli said, when all these are evaluated, it is clear that agriculture will have to feed more people by using less land and water in the coming years and this risk is related to COVID-19. He stated that although it was evident before the 19 outbreak, it has now become more serious.
Kırıkkaleli “As a result of the study, there is a causal relationship between global energy prices and global food prices”
Kırıkkaleli stated that the main purpose of the research is to examine the relationship between global energy prices and global food prices using scientific techniques, and stated that many scientific tests were used in the study and that there was a causal relationship between global energy prices and global food prices as a result of the study. Kırıkkaleli made the following statements at the end of his statement; The “green revolution” took place in the second half of the twentieth century and changed the food supply globally. Production growth has declined and has stabilized food prices, thus reducing the number of hungry people significantly. However, this increase in productivity has come to a standstill in the current century. This has caused prices to be more volatile than ever before. In addition, the world population is increasing and more agricultural land is used for energy products. The world agricultural production system desperately needs another “green revolution” to tackle food security problems.