scholarly journals AGROINFLATION AND CONSUMER PRICE INDEX FOR FOODSTUFFS: UKRAINE-EU COMPARATIVE ANALYSIS

2018 ◽  
Vol 2018 (1) ◽  
pp. 28-39
Author(s):  
Ruslan MUDRAK ◽  
◽  
Volodymyr LAGODIENKO ◽  

One of the fundamental conditions for food security is a sufficient level of economic access to food; so, finding the reasons for rising consumer food prices is an urgent research problem. In view of this, the purpose of the article is to determine the extent and causes of the impact of agricultural price index on consumer price index for foodstuffs on the basis of comparison of the phenomena studied in Ukraine and the EU. The following conclusions are drawn: (i) some Ukrainian households are in a state of food hazards due to excessive expenses for buying food; one of the main reasons for this is the constant rise in food prices; (ii) over the past 20 years in Ukraine, prices for foodstuffs rose 11.8 times, agricultural products – 23.5 times; in the EU they increased by 45% and 32%, respectively; (iii) the main source of inflationary impulses in Ukraine’s food market is agroinflation in the livestock sector of agriculture; (iv) sectoral structure of agricultural production is noticeably distorted in Ukraine: the share of livestock industries accounts for only 31.5%, which is by 12.3 pp less than that in the EU. This is the main reason for the shortage of food products of livestock production; (v) per capita production of all types of meat is by 40% higher in the EU than in Ukraine; that of milk – by 21.5% higher; (vi) in the EU (unlike Ukraine), production and consumption of foodstuffs, in particular of animal origin, are of a relatively high level of stability; (vii) export-import operations in Ukraine with food of animal origin are aimed at providing the narrow corporate interests irrespective of national ones; (viii) in Ukraine, unlike the EU, more than 99% of livestock business entities are small organizational forms that hold less than 5 heads of livestock. Such farms have relatively higher production costs; (ix) the reason for agroinflation and growth of consumer price index for foodstuffs in Ukraine is the lack of compensators of production costs in the form of budget subsidies.

1977 ◽  
Vol 6 (2) ◽  
pp. 263-274
Author(s):  
Leslie E. Small ◽  
Donn A. Derr

During the past decade, the cost of constructing new homes has risen dramatically. While the overall consumer price index rose by 74 percent between 1967 and the end of 1976, the cost of constructing new housing rose by about 103 percent nationally. This trend in costs has priced a growing proportion of lower and middle income groups out of the market for new houses. The national average price for new housing is currently $52,000 per unit. This has led to expressions of public concern that efforts need to be undertaken to find ways by which these low and middle income groups can obtain access to new housing.


1965 ◽  
Vol 2 (3) ◽  
pp. 274-282
Author(s):  
Jerome C. Darnell

Several legislative proposals for a national fair-trade law or “quality stabilization” have been introduced in Congress. This article estimates the impact of quality stabilization on the Consumer Price Index. Depending on the extent to which fair trading currently prevails, quality stabilization would increase the CPI by one to ten percent.


2019 ◽  
Vol 11 (12) ◽  
pp. 3365 ◽  
Author(s):  
Dana Kiseľáková ◽  
Beáta Šofranková ◽  
Miroslav Gombár ◽  
Veronika Čabinová ◽  
Erika Onuferová

In this paper, the following research problem was addressed: Is there a significant economic impact of multidimensional specified competitiveness within the EU (28) countries on the competitive business environment, human development, and sustainable growth? Based on the mentioned research problem, we formulated the aim of paper: To detect the significant interrelations among the assessment of global competitiveness, business environment as well as human development in the EU (28) countries for the period of 2006–2017. To address these problems, the methodology of global multi-criteria indices, namely the global competitiveness index (GCI), doing business index (DBI), and human development index (HDI), as well as panel analysis and non-linear regression analyses with ANOVA, were applied. The panel analysis results suggest that there is a direct linear relationship between the GCI and HDI. Moreover, the impact of the DBI on the change in the GCI score was not confirmed. We identified the main areas of countries’ interest, and important economic and statistical significant relations of competitiveness by creating three models: The GD model (constructed by GCI and DBI scores), GH model (GCI and HDI scores), and GDH model (GCI, DBI and HDI scores). Based on the results, all interrelations were confirmed. However, the highest extent of variability for the explanation of the selected data was recorded in the case of the GDH model (87.12%). We detected the impact of the business environment and human resources as competitive advantages on global macroeconomic competitiveness. As the business sector in EU (28) countries is represented mainly by small and medium-sized enterprises (SMEs), enterprise activities play a key role in the process of sustainable competitive economic development. Moreover, human resources are considered to be another important driver of the internationalization of European SMEs.


1994 ◽  
Vol 15 (3) ◽  
pp. 1-3
Author(s):  
Bendley Melville

The impact of deteriorating socio-economic conditions on breast-feeding duration in Jamaica is examined In spite of dramatic increases in the consumer price index for food and drink and consequently in the cost of artificial feeding, breast-feeding duration declined by 10.6% during 19871991. This was apparently due to a reduction in postpartum visits by district midwives. It is concluded that breast-feeding promotion should receive increased support under conditions of severe economic hardship.


Author(s):  
Piotr Chechelski

The aim of the article is to assess the level and directions of changes in the subjective structures of animal products processing in the food industry in Poland in 2004 -2015. Considerations were started from the comparison of changes in the subjective structures of the food industry in Poland and the European Union. In the following, changes in the share of individual groups of enterprises were presented, both in the total number of entities, average employment, and in the value of sold production, and the impact of these changes on labor productivity in the analyzed groups of enterprises. Based on the analysis, it can be concluded that the integration processes with the EU and globalization have had a significant impact on the concentration processes in the animal product industries (investments in modernization and adjustment of production to Community requirements). The process of changes in entity structures in this segment was faster than in the entire food industry and was diversified in the industry. The improvement of work efficiency was the result of more production, with relatively stable employment, but also the increase in the technical equipment of work.


Author(s):  
Aleksandrs Jemeļjanovs ◽  
Inese Zītare ◽  
Ināra Helēna Konošonoka ◽  
Vera Krastiņa ◽  
Lîga Proškina ◽  
...  

Over the last decade in Latvia, the production levels of beef, pork and poultry meat have been dramatically reduced. The yearly meat consumption per capita in Latvia is about 60 kg. Traditionally, pig meat consumption is higher than consumption of bovine meat, which has higher production costs. Lower priced meat from European countries is imported and placed on the market in Latvia. The Research Institute of Biotechnology and Veterinary Medicine “Sigra”, Latvia, LUA, performs important research on meat quality and acquisition of safe and healthy food of animal origin. Cattle herds of meat breed are highly varied both from the aspect of animals and the quality of the sold meat produce. In meat of bovine animals, the settling of cholesterol on the blood vessel walls is precluded by 5.4-8.13% ω-3 and 12.97-16.27% ω-6 on average. The meat of the beef breed cattle contains wholesome proportions of proteins, fatty acids in quantities sufficient for humans, a relatively low cholesterol level (about 77 mg%) and good qualities of the culinary flavours and aromas. There are on-going research studies on the quality of meat of different pig breeds and their influencing factors, as well as on acquisition of meet in accordance with the consumer requirements. Extensive research is carried out also on the quality of broiler meat, with the target of acquisition of new quality meat. Assessment of the role of game meat in human consumption and the hygiene aspects of its acquisition are also included. Due to the development of heliculture in Latvia, the assessment of snail meat and its role in human consumption has also been launched.


1964 ◽  
Vol 30 ◽  
pp. 44-51 ◽  
Author(s):  
W. A. H. Godley ◽  
D. A. Rowe

This paper gives an account of a method of forecasting the Ministry of Labour's retail prices index, and of deriving from it a forecast of the consumer price index. (This is the index used in the National Income statistics to deflate the value of consumers' expenditure to volume terms.) Good forecasting obviously has to be based on a correct analysis of the factors which determine price changes; the article throws light on the way in which cost changes are taken into account when prices are changed. It seems that retail prices (apart from seasonal food prices) do not respond directly to short-term fluctuations in demand and output. Businessmen do not raise prices because demand suddenly rises; nor on the other hand do they lower them when output moves up sharply and unit costs fall. The analysis, therefore, provides further support for the ‘normal cost’ theory of pricing—that businessmen set prices by calculating their costs when working at some normal capacity, and add a conventional margin.


2021 ◽  
Vol 2 (2) ◽  
pp. 210-217
Author(s):  
Anisha Wirasti Cahyaningrum

With the average contribution of imports to Gross Regional Domestic Product (GRDP) in the last five years reaching 19.1%, the dynamics of global commodity prices also influence the economic performance of East Java, including the movement of inflation. A composite indicator of global commodity prices is needed to find out the impact of changes in various global commodity prices on inflation in East Java. By adopting the Bank Indonesia methodology in forming a composite global price known as the Imported Inflation Price Index (IHIM) which has considered the method of forming a global composite price created by the IMF (IMF Commodity Price Index), the compilation of East Java global price composites also examines the accuracy of commodity selection and aspects of data availability. The selected global price composite for East Java is a composite of seven global commodities which include food (wheat, soybeans, corn and CPO) and non-food (iron, gold and oil). These are two aspects determining the relative weight, namely (I) the import portion of the total input based on the Input-Output table and (ii) the commodity weight of derivatives in the East Java Consumer Price Index (IHK) basket. Furthermore, with OLS regression, the composite of East Java global commodity prices affects the core-traded inflation movement in East Java. Thus, the composite of global commodity prices in East Java can be used as an indicator of East Java inflation projections, especially core-traded inflation. This study, in general, will also examine the effect of the exchange rate impact on the movement of core inflation, especially traded groups in East Java. Based on the regression results it is known that the impact of the exchange rate movement on core traded inflation in East Java is more significant than the effect of world commodity price movements.


Author(s):  
S. Hlushchenko ◽  
V. Shportyuk

The article presents the results of modeling and assessment of the effects of demand factors for banking loans by business entities and households on the volume of bank loaning in Ukraine. The article summarizes the factors influencing on volume of banking loans according to the demand side of business entities and households; performed modeling based on statistical data for Ukrainian practice in the period from 2006 to 2020. The authors developed a VAR-model for estimating the factors influencing the banking loans demand by business entities. According to the constructed model, it is concluded that the change in demand for credit resources by business entities is due to changes in interest rates (by 30%), changes in industrial production index (15.6%), changes in PFTS index 10.7%), change in the price index of industrial producers (1.0%), change in themselves over time (42.5%). The authors also developed a VAR-model for estimating the factors influencing the banking loans demand from households. According to the constructed model, it is concluded that the change in demand for credit resources by households is due to changes in average wages (16.2%), changes in interest rates (16%), changes in expenditures (8.2%), changes in GDP (7.7%), the consumer price index (6.9%), the change in the number of registered unemployed (2.9%) and the change in themselves over time (42.1%). The obtained results can have practical application both within the formation of banking loan policy and within state regulation measures to influence the activation of the credit sector in the country.


Sign in / Sign up

Export Citation Format

Share Document