Kafkas Üniversitesi Veteriner Fakültesi Dergisi 2020 , Vol 26 , Issue 1
Assessment of the Effect of Beef and Mutton Meat Prices on Chicken Meat Prices in Turkey Using Different Regression Models and the Decision Tree Algorithm
Ahmet Cumhur AKIN1, Mehmet Saltuk ARIKAN2, Mustafa Bahadır ÇEVRİMLİ3, Mustafa Agah TEKİNDAL4
1Department of Animal Health Economics and Management, Mehmet Akif Ersoy University Faculty of Veterinary Medicine, TR-15030 Burdur - TURKEY
2Department of Animal Health Economics and Management, Fırat University Faculty of Veterinary Medicine, TR-23119 Elazig - TURKEY
3Department of Livestock Economics and Management, Selcuk University Faculty of Veterinary Medicine, TR-42003 Konya - TURKEY
4Department of Biostatistic, Selcuk University Faculty of Veterinary Medicine, TR-42003 Konya - TURKEY
DOI : 10.9775/kvfd.2019.22195 Determination of the extent to which increases in the price of red meat is reflected in the price of chicken meat will shed light to the sector in many areas, including production planning. The purpose of this study is to present how the increases in the price of red meat are reflected in the consumer prices of chicken meat and to determine the estimation rate of the consumer prices of chicken meat by analysing the monthly average consumer prices of chicken meat, beef and mutton (TRY/kg) in Turkey between January 2005 and September 2018 using different regression models and the decision tree algorithm. The results of the study indicate that in predicting the prices of chicken meat using the prices of beef, the cubic regression equation gives accurate predictions at a rate of 91.4%, and in predicting the prices of chicken meat using the prices of mutton, the cubic regression equation gives accurate predictions at a rate of 89.9%. It was estimated that 1% increase in the prices of beef would result in an increase by 1.35% in the prices of chicken meat, and a 1% increase in the prices of mutton would result in an increase by 0.39% in the prices of chicken meat. Keywords : Red meat, Chicken meat, Price, Regression, Turkey