scholarly journals Wine consumption in the Czech Republic and the prices of alcohol

2014 ◽  
Vol 60 (No. 2) ◽  
pp. 89-98 ◽  
Author(s):  
P. Syrovátka ◽  
H. Chládková ◽  
P. Žufan
Keyword(s):  
Czech Republic ◽  
Dynamic Model ◽  
Price Elasticity ◽  
Consumer Demand ◽  
Linear Trend ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Cross Price Elasticity ◽  
Per Capita ◽  
Normal Price

Consumption of wine in the Czech Republic has a growing tendency, representing 15.4 litres per capita in 1995 and 20.0 litres per capita in 2012. The goal of this paper is an analysis of the development of consumer demand for wine in the Czech Republic based on the estimation of elasticity coefficients derived from the constructed dynamic model. The overall development in the period 1948&ndash;2012 is demonstrated through the linear trend: QCW<sub>T</sub> = &ndash;340.77 + 0.1788&times;T + u<sub>T</sub>. The growing consumption of wine was examined in relation to the development of the prices of wine, beer, and rum in the period 1991&ndash;2012. The achieved negative values of the own price elasticity coefficients (ranging from &ndash;0.2957 to &ndash;0.1624) suggest, that there worked normal price reactions. Cross price elasticity coefficients of the gross demand for wine showed complementarity between the consumption of wine and beer or wine and rum. The cross price elasticity of the gross demand for wine related to the price of 10&deg; beer was &ndash;0.2757 in average, and &ndash;0.2074 in the case of rum. &nbsp; &nbsp;

scholarly journals Consumer Demand for Wine and Beer in the Czech Republic, and Their Mutual Influences

2015 ◽  
Vol 63 (6) ◽  
pp. 2119-2125 ◽  
Author(s):  
Pavel Syrovátka ◽  
Helena Chládková ◽  
Pavel Žufan
Keyword(s):  
Czech Republic ◽  
Dynamic Model ◽  
Household Income ◽  
Dynamic Models ◽  
Income Elasticity ◽  
Consumer Demand ◽  
Statistical Significance ◽  
The Czech Republic ◽  
Demand Functions ◽  
Wine Consumption

The paper analyses consumer demand for wine and beer in the Czech Republic in the period of 1991–2013. The objective of this research was to evaluate the elasticity of consumption of wine and beer in reaction to a change of prices and further to a change in the level of a household income. Based on the dynamic models of the gross demand for wine and beer there were determined the coefficients of direct and cross price elasticity, and income elasticity coefficients. In accordance with the identified sizes, respectively, after evaluating their statistical significance, there was carried out the economic analysis of observed demand functions. Analysis of demand functions has shown that the consumptions of wine and beer by the Czech households were not linked on a statistically significant level, in the examined period. Dynamic model of the gross demand for wine showed a statistically insignificant sensitivity of wine consumption to a change of the household income. Wine consumption of Czech households was significantly formed only by its price. Dynamic model of the gross demand for beer has shown that beer consumption by the Czech households responded significantly only to change in household income. Whereas in the case of wine, there was identified an influence of previous consumption on the current one, this was not confirmed in the case of beer.

scholarly journals Analysis of selected demand factors of wine market of the Czech Republic

2008 ◽  
Vol 53 (No. 7) ◽  
pp. 304-311 ◽  
Author(s):  
T. Pyšný ◽  
Z. Pošvár ◽  
S. Gurská
Keyword(s):  
Czech Republic ◽  
Ethanol Consumption ◽  
Negative Influence ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Demand Growth ◽  
Alcoholic Drinks ◽  
Main Factors ◽  
Per Capita ◽  
Wine Demand

This paper analyzes the data on the development of the main factors of the demand for wine and wine consumption in the Czech Republic. The average annual wine consumption, one of the wine demand factors, grew between1991 and 2005 from 14.8 l to 17 l per capita. Following this trend, we can expect the average annual wine consumption 17.4 l per capita in year 2010. However there are critical factors in the development of the demand for wine demand here. Specifically it is the daily feasible ratio of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute of wine. The ethanol consumption in beer accounts for 50% of the total ethanol consumption in alcoholic drinks in the Czech Republic. The negative influence on wine demand growth has been the price of other alcoholic drinks, especially beer that is the cheapest form of ethanol.

scholarly journals The development of main factors of the wine demand

2009 ◽  
Vol 55 (No. 7) ◽  
pp. 321-326 ◽  
Author(s):  
H. Chládková ◽  
P. Tomšík ◽  
S. Gurská
Keyword(s):  
Czech Republic ◽  
Consumer Preferences ◽  
Wine Quality ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Pet Bottles ◽  
Main Factors ◽  
Per Capita ◽  
Wine Market ◽  
Wine Demand

The paper identifies and analyses the main factors which influenced the wine demand. The average annual wine consumption per capita is the basic factor of the wine demand. The average annual wine consumption, one of the wine demand factors, grew between 2003 and 2007 from 16.3 l to 18.5 l per capita. Following this trend, we can expect the average annual wine consumption 19.0 l per capita in year 2010. A positive feature of this development is also the fact, that there grows the demand after the quality wines. At the same time, there grows also the consumption of the lower quality, cheap wines packed in boxes or PET bottles. A continuously growing tendency can be also noticed in the red-wine consumption. This change of consumer preferences has significantly influenced the growth of the share of the red varieties in the new-planted vineyards. However, there are critical factors in the development of the demand for wine demand here. Specifically, it is the daily feasible ration of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute of wine. The average annual beer consumption moves about 160 l per capita in the Czech Republic. The continuously growing tendency of wine consumption is reduced by the lower price of beer too, because beer is the cheapest alcoholic drink in the Czech Republic. The taste and preferences of consumers have been changing, that means, that the consumers are the ones who decide about the wine quality, and not producers. That is why this paper includes the partial results of the research oriented on the habits and behaviour of consumers in the wine market in the Czech Republic. It is concentrated on the wine sellers opinions on demand development in the wine market.

scholarly journals Evaluation of the adequacy of government minimum wage valorization policy in the Czech Republic in 2017 in the European context

2017 ◽  
Vol 8 (1) ◽  
pp. 21 ◽  
Author(s):  
Martin Pernica
Keyword(s):  
Czech Republic ◽  
Minimum Wage ◽  
Minimum Wages ◽  
Income Poverty ◽  
The Czech Republic ◽  
Eu Countries ◽  
Macroeconomic Indicators ◽  
Per Capita ◽  
The Government ◽  
Workforce Productivity

Research background: The government of the Czech Republic has agreed to an increase in the minimum monthly wage as of the beginning of 2017 to 11,000 CZK, which represents a year-over-year increase of over 11 %. The government is thus fulfilling its objective set out in February 2014 and stipulated in the Government Statement of Purpose, i.e. to approximate the minimum wage to 40 % of average wages. Purpose of the article: The purpose of the article is to assess the adequacy of the Government Minimum Wage Valorization Policy, in particular from two points of view. Firstly, in view of selected macroeconomic indicators in the Czech Republic — the development of consumer prices, average gross wages, economic growth and workforce productivity. Secondly, in comparison with other EU member states which have introduced the institution of a minimum wage. Methods: In order to assess the adequacy of government policy to improve the social protection of the rights of the working population, a background research was conducted into the literature of important studies on the effects of minimum wages on unemployment, while the development of average gross wages in the CR, the minimum monthly wages in the CR and the Kaitz index were also analyzed. Furthermore, an evaluation of selected macroeconomic indicators in the Czech Republic was performed by means of time lines and the percentage representation of employees in the individual gross wage bands according to sex and type of economic activity. Last, but not least, a comparison was made of minimum wages, real gross domestic product per capita and workforce productivity in Euros and in purchasing power standards between the Czech Republic and countries which have enacted the institution of minimum wages. Findings and Value added: The minimum wage in the Czech Republic is the fifth lowest in the EU. In the long term, it is earned by approximately 3% of employees, which is less than the rate common in other EU countries. Currently, the amount of the minimum wage is below the threshold of income poverty. In comparison with the GDP per capita in PPS and real labour productivity per person employed in other EU countries, the position of the Czech Republic is significantly better, although other EU countries offer higher minimum wages. The decision of the current government to significantly increase the minimum wage as of 2017 is correct.

scholarly journals Forecasting Alcohol Consumption in the Czech Republic

2016 ◽  
Vol 64 (6) ◽  
pp. 2133-2140
Author(s):  
Tereza Slováčková ◽  
Naďa Birčiaková ◽  
Jana Stávková
Keyword(s):  
Time Series ◽  
Czech Republic ◽  
Alcohol Consumption ◽  
Arima Model ◽  
The Czech Republic ◽  
Pure Alcohol ◽  
Excessive Consumption ◽  
Per Capita ◽  
Current Alcohol

The paper deals with a forecast of developments in alcohol consumption based on current alcohol consumption per capita (expressed in litres of pure alcohol), and time series extrapolations. Alcohol consumption is to be considered from the vantage point of knowing the specifics of the product and the consequences of its excessive consumption. The predictive methodology makes use of the Box‑Jenkins method; the ARIMA model, taking into account the autocorrelation and partial autocorrelation process, which is a prerequisite for the successful identification of a time series model; model parameter estimation; appropriate transformations of time series; determining the order of differentiation and subsequent verification of the model. The chosen methodology for future trends in alcohol consumptions is a prerequisite for the proposed optional measures to control alcohol consumption in the Czech Republic. Due to the long term nature of the process to draw up and implement alcohol consumption regulation measures, the forecast covers the forthcoming 10 years.

scholarly journals Factor conditions of the viniculture and wine sector in the EU member states, in the Czech Republic and in the selected candidate countries

2012 ◽  
Vol 48 (No, 7) ◽  
pp. 303-310
Author(s):  
A. Škorpíková
Keyword(s):  
Czech Republic ◽  
Wine Production ◽  
Member States ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Eu Member States ◽  
Factors Influencing ◽  
Wine Sector ◽  
Research Plan ◽  
The Eu

The paper is a part of the solution of the research plan of the FBE MUAF in Brno, No. GAMSM 431100007, and it is focused on the analysis of factors influencing competitiveness of the wine-growing and viniculture. This paper is based on the hypothesis that the competitiveness of the viniculture and wine sector could be influenced, amongst other things, by specific national conditions as defined by &ldquo;Porter&rsquo;s diamond&rdquo;. This essay deals with factor conditions like the total area of vineyards, the average per hectare yield of grapes, the total wine production and wine consumption including the foreign trade with this commodity. The comparison of the chosen national conditions is made within the EU member states and also within six candidate countries &ndash; Cyprus, Estonia, Hungary, Poland, Slovenia and the Czech Republic.

scholarly journals Per Capita Income Inequality in Czech Households Before, During and After the Economic and Financial Crisis

2020 ◽  
Vol 68 (5) ◽  
pp. 885-899
Author(s):  
Markéta Hnízdilová ◽  
Václav Adamec
Keyword(s):  
Czech Republic ◽  
Financial Crisis ◽  
Income Inequality ◽  
Capita Income ◽  
Household Head ◽  
Income Level ◽  
Per Capita Income ◽  
The Czech Republic ◽  
Per Capita ◽  
Economic And Financial Crisis

The study tackles the issue of distribution inequality in equalized per capita income in households defined by multiple grouping criteria in the Czech Republic before, during and after the economic and financial crisis. The factors were economic status of the household head, number of children, education and the NUTS 3 administrative regions. Interval grouped per capita income data assembled within the EU-SILC framework via quota sampling were received from czso.cz for 2008, 2012 and 2016. Indicators of income level, variation, quantiles, medial and Gini index were calculated for the respective household groups. Income concentration in the Czech Republic is considerably low among OECD states and still decreasing due to government social and economic policy and favourable phase of the economic cycle. The largest income inequality was detected in the self-employed, jobless and qualified employees, households with 3 or more children, single-parent families with dependants, households with one or both tertiary educated parents or households residing in Prague or Středočeský region. The threat of poverty is imminent in the jobless, economically inactive pensioners, unqualified labourers and households with 3 or more children. Geographically, the poverty affects households mostly in Moravskoslezský or Ústecký regions. Government measures evidently helped reduce income inequality, poverty and social exclusion in Ústecký region in 2008. The least affected regions by poverty were Prague and Středočeský region. Significant differences in income level or concentration of income distributions by regional and other household grouping criteria were revealed.

scholarly journals Spatial Modelling of Kaolin Deposit Demonstrated on the Jimlíkov-East Deposit, Karlovy Vary, Czech Republic

2021 ◽  
Vol 10 (11) ◽  
pp. 788
Author(s):  
Marcela Jarošová ◽  
František Staněk
Keyword(s):  
Czech Republic ◽  
Dynamic Model ◽  
Input Data ◽  
3D Model ◽  
Spatial Modelling ◽  
The Czech Republic ◽  
Development Evaluation ◽  
The Village ◽  
Mining Exploration ◽  
Kaolin Deposit

The present study is focused on spatial modelling of a kaolin deposit in Karlovy Vary, Czech Republic, and the methodical procedure of development, evaluation and visualization of a 3D model are described step by step. The implementation of this methodology is performed in Visual Studio 2019 with use of the Surfer and Voxler objects from Golden Software. This methodology combined with the newly developed software (Kaolin_A and Kaolin_Viz programs) allow a user to create a variant dynamic model for the same or similar types of deposits. It enables a quick update of the model when changing the input data, based on the new mining exploration or when changing the modelling parameters. The presented approach leads to a more advanced evaluation of deposits, including various estimates of reserves according to pre-specified usability conditions. The efficiency of the developed methodology and the software for the evaluation of the deposit are demonstrated on the kaolin deposit Jimlíkov-East, located near the village Jimlíkov about 5 km west of Karlovy Vary in the Czech Republic.

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