scholarly journals Partial equilibrium model – Case study of the poultry market

2011 ◽  
Vol 59 (7) ◽  
pp. 431-438
Author(s):  
Lenka Šobrová ◽  
M. Malý ◽  
Z. Malá
Keyword(s):  
Time Series ◽  
Czech Republic ◽  
Panel Data ◽  
Equilibrium Model ◽  
Poultry Meat ◽  
Partial Equilibrium ◽  
The Czech Republic ◽  
Estimated Parameters ◽  
Partial Equilibrium Model ◽  
Main Factors

This paper deals with identifying the main determinants in the poultry agri-food chain in the Czech Republic and examines their relationships. The partial equilibrium model, defined as a seven-equation model in power form, is employed for this purpose. The analysis is based on both time-series and panel data of the main factors in the poultry market. The time-series as well as panel data contain annual data of selected variables for the period from 1995 to 2009. The analysis is focused on supply and demand of poultry meat, specifically on production, consumption and foreign trade in poultry meat in the Czech Republic. Firstly, the main factors influencing the poultry market are determined, then, an appropriate model is employed. The parameters of the model are estimated using the ordinary least squares method in statistical and econometric software. Estimated parameters confirm assumed relationships among the selected variables. Moreover, the long-term tendencies of the selected indicators are proven. Among other, the analysis proves an inertial consumption, the price level as the main factor influencing the consumption and one-way or mutual relationship among the selected variables. The statistical features of the model are satisfied as well – the estimated parameters are statistically significant, the model does not contain, neither the problem of autocorrelation of residuals nor the problem of heteroskedasticity.

scholarly journals Simulations at Czech poultry market

2012 ◽  
Vol 60 (4) ◽  
pp. 327-334
Author(s):  
Lenka Rumánková ◽  
T. Maier ◽  
J. Mach ◽  
L. Čechura ◽  
Z. Křístková ◽  
...  
Keyword(s):  
Czech Republic ◽  
Poultry Meat ◽  
Partial Equilibrium ◽  
Great Likelihood ◽  
Agricultural Producers ◽  
Substantial Impact ◽  
The Czech Republic ◽  
Consumer Prices ◽  
Partial Equilibrium Model ◽  
The Individual

This paper defines the possible scenarios of the development of the poultry market in the Czech Republic, in view of the trends in production, consumption and foreign trade. The individual scenarios are based upon the forecasts of selected factors that have a substantial impact on the poultry market and whose changes can be expected in the subsequent years with great likelihood. The article sets out and addresses various scenarios for the period of 2012–2014. The scenarios are based upon the partial equilibrium model of the poultry market, which has been derived on the basis of time series and panel data within the years 1995–2009. The conducted analysis clearly shows that changes in the prices of agricultural producers will have an effect on changes in the production of poultry meat, an increase in VAT through consumer prices will impact the rate of domestic consumption, as well as changes in disposable income. Similarly, a change in the exchange rate will have an effect on the amount of poultry imported into the Czech Republic.

Effects of Cooking Oil Subsidy Removals on Related Markets in Malaysia: A Comparative Static, Multicommodity, Multi Stage Production Approach

2011 ◽  
Author(s):  
Jamal Othman ◽  
Yaghoob Jafari
Keyword(s):  
Equilibrium Model ◽  
Comparative Statics ◽  
Partial Equilibrium ◽  
Cooking Oil ◽  
Multi Stage ◽  
Supply Factor ◽  
Partial Equilibrium Model ◽  
Factor Markets ◽  
Input Markets ◽  
Production Approach

Malaysia is contemplating removal of most of her subsidy support measures including subsidies on cooking oil which is largely palm oil based. This paper aims to examine the effects of cooking oil subsidy removals on the competitiveness of the oil palm subsector and related markets. This is done by developing and applying a comparative static, multi-commodity, partial equilibrium model with multi-stages of production function for the Malaysian perennial crops subsector which explicitly links different stages of production, primary and intermediate input markets, trade, and policy linkages. Results partly suggest that export of cooking oil will increase by 0.2 per cent due to a 10 per cent cooking oil subsidy reduction, while domestic output of cooking oil may eventually see a net decline of 1.97 per cent. The results clearly point out that the effect of reducing cooking oil subsidies is relatively small at the upstream levels and therefore it only induces minute effects on factor markets. Consequently, the market for other agricultural crops is projected to change very marginally.   Keywords: Multicomodity, comparative statics, partial equilibrium model, output supply-factor markets linkages, effects of cooking oil subsidy removals.

AN ASSESSMENT OF THE SELF-SUFFICIENCY LEVEL OF SELECTED COUNTRIES IN CENTRAL AND EASTERN EUROPE IN POULTRY MEAT PRODUCTION

2021 ◽  
Vol XXIII (4) ◽  
pp. 96-107
Author(s):  
Sebastian Kubala ◽  
Marcin Stanuch
Keyword(s):  
Czech Republic ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
The Self ◽  
Poultry Meat ◽  
Meat Production ◽  
Production Volume ◽  
The European Union ◽  
The Czech Republic ◽  
Self Sufficiency

One of the key markets of the European Union is the poultry meat market. The situation on this market is of significant importance to both producers and consumers. The main aim of the article is to study the level of self-sufficiency of selected countries in Central and Eastern Europe in the production of poultry meat. Eleven countries were selected as the research area: Bulgaria, Croatia, the Czech Republic, Estonia, Lithuania, Latvia, Poland, Romania, Slovakia, Slovenia and Hungary. In the conducted research, simplified indices of self-sufficiency were used: the balance of foreign trade in terms of volume and value, average annual consumption per capita and production volume in relation to consumption. The study was conducted for the years 2009-2018. The statistical sources used come from FAOSTAT and International Trade Centre databases. Research has shown that the analyzed countries are characterized by a significant diversification of the self-sufficiency level of poultry meat production. Only 6 analyzed countries can meet the domestic consumption demand from their own production, the remaining countries supplement the deficit from imported goods. The highest level of self-sufficiency of poultry meat production was observed in Poland, Slovenia, Lithuania and Hungary. On the other hand, the lowest level is found in Bulgaria, the Czech Republic, Estonia, Slovakia and Latvia.

scholarly journals Modelling the Impact of Energy Subsidies Reform in the Republic of Moldova

Economica ◽  
2021 ◽  
Author(s):  
Mihail Roscovan ◽  
Keyword(s):  
Natural Gas ◽  
Greenhouse Gas ◽  
Equilibrium Model ◽  
Value Added ◽  
Partial Equilibrium ◽  
Energy Subsidies ◽  
Republic Of Moldova ◽  
Partial Equilibrium Model ◽  
The Republic ◽  
The Impact

This article presents the methodology and results of modelling for the analysis on energy affordability and assessing the impact of a possible value added tax increase on the affordability of households to consume adequate levels of natural gas, electricity and heat. The analysis of the reform impact of the subsidy schemes is based on a partial equilibrium model which measures the impact of reforms on energy affordability of different householder groups and budgetary revenue and expenditure, but also on greenhouse gas emissions. Using of targeted social policies generates a budget surplus that can be allocated to energy

scholarly journals The meat market in Brazil: a partial equilibrium model

2008 ◽  
Vol 46 (4) ◽  
pp. 1189-1208 ◽  
Author(s):  
Geraldo da Silva e Souza ◽  
Eliseu Alves ◽  
Rosaura Gazzola ◽  
Renner Marra
Keyword(s):  
Least Squares ◽  
Equilibrium Model ◽  
Relative Increase ◽  
Partial Equilibrium ◽  
Model Simulations ◽  
Partial Equilibrium Model ◽  
Three Stages ◽  
Near Future ◽  
Meat Market

A partial equilibrium model for the meat market is fit to Brazilian data by three stages least squares. The model is consistent with the data and may be used for simulation purposes. In this context we compare model simulations for the near future with the OECD/ Aglink outlook. To illustrate using the model for simulations in policy assessments, we investigate the effect of a relative increase in corn price on the poultry and pork markets, coeteris paribus.

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