Vliv společného zemědělského trhu EU na český trh s mlékem a mléčnými produkty

This bachelor thesis deals with the effects of the EU's Common Agricultural Policy on Czech market in milk and milk products. Causal relations between agricultural producer prices of raw cow's milk in the Czech Republic, in Bavaria and in the Slovak Republic are investigated by using a VAR model. The Granger causality is also verified between different kinds of milk and butter prices in the Czech Republic. For the amount of purchased milk into the dairies in the Czech Republic are created forecasts based on a SARIMA model. All the time series are processed for the period from January 2008 to December 2013 and properly characterized