scholarly journals Structural changes in the beef meat demand in Slovakia and demand elasticity estimation

2009 ◽  
Vol 55 (No. 8) ◽  
pp. 361-367 ◽  
Author(s):  
D. Hupková ◽  
P. Bielik ◽  
N. Turčeková
Keyword(s):  
Consumer Behaviour ◽  
Structural Changes ◽  
Income Elasticity ◽  
Meat Consumption ◽  
Demand Elasticity ◽  
Impact Factors ◽  
Meat Demand ◽  
Beef Meat ◽  
Price And Income Elasticities ◽  
Consumer Habits

The article focuses on assessing the consumer habits attitudes and behaviour towards the beef meat demand. The main objective of this study is to investigate the determinants of the households’ beef meat consumption using the main economic factors. Determining and analysis of consumer behaviour on the individual household categories level and the subsequent comparison of impact factors on consumer decision will give us an assumption to the complex understanding of the consumer behaviour determinants. We used panel data to estimate the beef meat demand in Slovakia. The data were obtained from the Household Budget Survey of the Slovak Statistical Office. The estimates of price and income elasticities of the beef meat demand are also obtained. The results indicate that the food patterns development in Slovakia during the past two decades has undergone rapid structural changes. The declining beef meat consumption is influenced mainly by the decreasing purchasing power and the occurrence of the BSE disease. According to the elasticity estimation results, we can state that the beef meat demand is price and income inelastic. Key words: beef meat consumption, households’ consumption, price elasticity, income elasticity. BSE disease

scholarly journals Modelling structural changes in the poultry meat demand – the case of Slovakia

2011 ◽  
Vol 57 (No. 8) ◽  
pp. 363-369
Author(s):  
P. Bielik ◽  
D. Hupková
Keyword(s):  
Fixed Effects ◽  
Structural Changes ◽  
Meat Consumption ◽  
Poultry Meat ◽  
Pork Meat ◽  
Meat Demand ◽  
Meat Price ◽  
Disease Occurrence ◽  
The Impact ◽  
The Eu

The main objective of this paper is to investigate the determinants of the households' poultry meat consumption using the main economic factors. The price, income and cross-price elasticities of the poultry meat demand were estimated. The impact of the BSE disease occurrence and the accession of Slovakia into the EU are incorporated into the modelling. The Household Budget Survey of the Slovak Statistical Office was used for the period 1993–2009; the general fixed effects panel data model was applied. With respect to the modelling results, the significant variables that the affect poultry meat consumption are the pork meat price, the poultry meat price, the trend and occurrence of the BSE disease. The poultry meat demand is inelastic with respect to its price. During the analysed period, the poultry meat demand increased by 8.05% yearly. Pork meat and poultry meat are the substitutes in consumption.

scholarly journals Modelling consumer’s behaviour of the meat consumption in Slovakia

2016 ◽  
Vol 62 (No. 5) ◽  
pp. 235-245
Author(s):  
R. Benda Prokeinova ◽  
M. Hanova
Keyword(s):  
Consumer Behaviour ◽  
Income Elasticity ◽  
Consumption Patterns ◽  
Demand Elasticity ◽  
Demand System ◽  
Empirical Literature ◽  
Goods And Services ◽  
Elasticity Of Demand ◽  
Normal Goods ◽  
Income Elasticity Of Demand

There exists a plenty extensive theoretical and empirical literature on what determines the consumption levels over time and across countries, but less research into the changes in the consumption patterns (i.e. the mix of different goods and services that is purchased). To better understand how changing incomes and prices influenced the consumption patterns, the contribution estimates the Almost Ideal Demand System (AIDS) models. The aim of the paper is to find patterns and preference changes in the consumer demand for meat in Slovakia. From the methodological aspect, there were used important items of the demand, and for the consumer behaviour analysis, there were computed elasticity coefficients by using the model AIDS. The coefficients of the price and income demand elasticity were determined. The computed elasticities showed that all meat items had a positive income elasticity of demand which implies that they were normal goods. Beef and pork were expenditure (income) elastic and hence could be considered as a luxury, while poultry and fish were income inelastic meaning that those were of necessity.

scholarly journals Consumption and Beef Price Changes on Demand in East Nusa Tenggara, Indonesia

2021 ◽  
Vol 13 (2) ◽  
pp. 97-105
Author(s):  
Doppy Roy Nendissa ◽  
Ratya Anindita ◽  
Nikmatul Khoiriyah ◽  
Ana Arifatus Sa’diyah
Keyword(s):  
Income Elasticity ◽  
Milk Powder ◽  
Chicken Meat ◽  
Animal Protein ◽  
Seemingly Unrelated Regression ◽  
Demand Elasticity ◽  
Demand System ◽  
Estimation Of Parameters ◽  
Fresh Fish ◽  
On Demand

Households consume animal protein after carbohydrate food is fulfilled, moreover animal protein prices are increasing. This study aims to analyze the effect of rising beef prices on demand. The demand system approach uses the Quadratic Almost Ideal Demand System (QUAIDS) model. Estimation of parameters using Iterated non-linear Seemingly Unrelated Regression. The research data use the 2016 National Socio-Economic Survey (Susenas, 2016), amounting to 10,751 households. The results of the study concluded that beef is the third most elastic animal food after fresh fish and chicken meat. Fresh fish in the most elastic among all animal foods with a demand elasticity of 3.31%, followed by chicken, beef, milk powder, and eggs with demand elasticities of 1.55%, 1.62%, 1.29%, and 0.80%, respectively. Beef is a luxury item with an income elasticity of 1.59%, as well as fresh fish, chicken meat, and milk powder. While eggs are normal goods. Although fresh fish is more elastic than beef, beef marginal expenditure share (MES) is higher than fresh fish MES, so that in the long run, the increase in household income tends to increase beef consumption more than fresh fish.

scholarly journals Analysis of chicken and turkey meat consumption by segmentation of Spanish consumers using food-related lifestyle

2021 ◽  
Vol 19 (1) ◽  
pp. e0101 ◽  
Author(s):  
Amparo Baviera-Puig ◽  
Luis Montero-Vicente ◽  
Carmen Escribá-Pérez ◽  
Juan Buitrago-Vera
Keyword(s):  
Statistical Analysis ◽  
Market Segmentation ◽  
Consumer Behaviour ◽  
Telephone Survey ◽  
Meat Consumption ◽  
Marketing Mix ◽  
Analysis Techniques ◽  
Turkey Meat ◽  
Segmentation Strategy ◽  
Shopping Location

Aim of study: Commercially, chicken meat has a similar positioning to turkey meat, as both are healthy and low-fat meats. For this reason, we proposed analysing consumer behaviour with respect to each of these meats based on market segmentation.Area of study: Spain.Material and methods: We carried out a telephone survey with an error of ± 4.0% at a confidence level of 95.5%, using the food-related lifestyle (FRL) instrument as part of the questionnaire. The statistical analysis techniques employed were different depending on the objective pursued: univariate, bivariate and multivariate analysis.Main results: Five segments were obtained: “Manager cook” (24.5%), “Healthy cook” (20.8%), “Concerned with food, but not cooks” (22%), “Total detachment” (11.9%) and “Rational shopper with little interest in cuisine” (20.8%). Notwithstanding the similar positioning of chicken and turkey meats, there are significant differences in purchasing and consumption habits between FRL segments. Specifically, there were significant differences in the frequency of purchase, the usual shopping location, purchasing criteria and preparation methods.Research highlights: Knowing the profile of these segments allows us to adapt the marketing mix (product, place, price and promotion) to each one. This is very useful for the companies due to the wide demand they face. First, they can choose the FRL segments to target and, second, they can define an appropriate marketing strategy according to these segments. In this way, market segmentation strategy based on food-related lifestyles may ensure companies a greater likelihood of success in the market.

E-Commerce Growth and the Changing Structure of the Retail Sales Industry

2013 ◽  
Vol 9 (2) ◽  
pp. 46-60 ◽  
Author(s):  
Harri Ramcharran
Keyword(s):  
Information Technology ◽  
Structural Changes ◽  
Income Elasticity ◽  
Policy Implications ◽  
Retail Sales ◽  
Sales Industry ◽  
Demand Stability ◽  
Strategic Policies ◽  
Two Sectors ◽  
Supply Side Factors

Recent studies of the growth in e-commerce retail sales examine mainly supply side factors, such as the application of information technology, low transaction costs etc. The author uses an empirical model that provides evidence of significant demand side factors which also help explain structural changes in the industry. Based on quarterly data from 1999 Q4 to 2010 Q3, the econometric results indicate an e-commerce sales elasticity of 9.36 and a non-e-commerce sales elasticity of (2.63), indicating a more dynamic and competitive internet market. Evidence of more demand stability for e-commerce sales is also provided. The policy implications for growing e-commerce sales necessitate strategic policies for planned expenditures on R&D and investments in information technology as well as the efficient use of store space by traditional retailers. The use of income elasticity differential for analyzing competition between these two sectors provides an alternative method to price differential used in previous studies.

scholarly journals Income elasticity of demand within individual consumer groups and the level of income elasticity of the entire market demand 

2012 ◽  
Vol 52 (No. 9) ◽  
pp. 412-417
Author(s):  
P. Syrovátka
Keyword(s):  
Consumer Behaviour ◽  
Income Elasticity ◽  
Meat Products ◽  
Market Demand ◽  
Demand Functions ◽  
Elasticity Of Demand ◽  
Income Elasticities ◽  
Aggregation Equation ◽  
Application Potential ◽  
Income Elasticity Of Demand

The paper is focused on the derivation of the mathematical relationship among the income-elasticity level of the entire market demand and the income-elasticity values of the demand functions of the consumers’ groups buying on the defined market. The determination of the mathematical term was based on the linearity of the relevant demand functions. Under the linearity assumption, the income elasticity coefficient of the entire market demand equals the weighted sum of the income-demand elasticities of the differentiated consumer groups buying on the given market. The weights in the aggregation formula are defined as the related demand shares, i.e. as the proportions of the groups’ demands to the entire market demand. The derived aggregation equation is quite held if no demand interactions (e.g. the snob or fashion effect) are recorded among differentiated consumers’ groups. The derived formula was examined by using empirical data about the consumer behaviour of Czech households in the market of meat and meat products (Czech Statistical Office). However, the application potential of the achieved term for the income-elasticity aggregations is much broader within the consumer-behaviour analysis. In addition to the subject aggregations of the demand functions, we can also apply the derived formula for the analysis and estimations of the income elasticities within the demand-object aggregations, i.e. the multistage analysis of the income elasticity of consumer demand. Another possibility of the use of the aggregation equation is for the evaluations and estimations of the income elasticity of the region-demand functions in relation to the subregions’ demands or reversely.

scholarly journals Consumer behaviour related to rabbit meat as functional food

2018 ◽  
Vol 26 (4) ◽  
pp. 321 ◽  
Author(s):  
Dacinia Crina Petrescu ◽  
Ruxandra Malina Petrescu-Mag
Keyword(s):  
Functional Food ◽  
Consumer Satisfaction ◽  
Consumer Behaviour ◽  
Meat Consumption ◽  
Added Value ◽  
Use Of Resources ◽  
Survey Results ◽  
Rabbit Meat ◽  
Low Cholesterol ◽  
Meat Sector

<p>Rabbit is one of the most versatile livestock species, responding successfully to bio-economic principles, which promote a clever use of resources and their conversion into added value products, such as functional foods (FFs). The excellent nutritive and dietetic properties of rabbit meat justify granting it the attributes of FFs. Based on the premise that it is the consumer who ultimately decides what kind of meat to buy, a consumer focus should be a core factor in private or public meat sector strategies. Following this assumption, the aim of this study is to contribute to understanding Romanian consumer behaviour related to rabbit meat as a functional food and to provide information on how to better market rabbit meat as FF in the domestic market. As far as the authors know, this study is the first one to assess and report on Romanian consumer perceptions, knowledge and behaviours related to rabbit meat. Consequently, the variables investigated reflect rabbit meat consumption habits. They also reveal preferences related to the acquisition of rabbit meat, perceptions on future rabbit meat consumption, perceptions of rabbit meat characteristics, perceptions of rabbit meat main characteristics compared to other types of meat, and rabbit meat consumption deterrents. The survey results show that rabbit meat is perceived as lean and low cholesterol, healthier and tastier than other meats, but more expensive, that its consumption is low, being 2.2 times lower than chicken and 1.8 times lower than pork, and that 29.6% of people surveyed have never eaten rabbit meat. The findings ascertain that the understanding of Romanian consumer behaviour related to rabbit meat as FF is an optimal tool for changing behaviour patterns towards a more sustainable market. The transfer of this knowledge towards marketers mainly focusing on how to increase consumer satisfaction for FFs, especially meat, is the leverage for designing successful businesses regarding market re-orientation, development or even reduction of health cost.</p>

scholarly journals Econometric Analysis of Residential Sector Gas Demand Elasticities in Gas Exporting Countries

2021 ◽  
Vol 11 (2) ◽  
pp. 1
Author(s):  
Eshagh Mansourkiaee ◽  
Hussein Moghaddam
Keyword(s):  
Price Elasticity ◽  
Income Elasticity ◽  
Bounds Testing ◽  
Short Term ◽  
Residential Sector ◽  
Price And Income Elasticities ◽  
Long Run ◽  
Short Run ◽  
Income And Price Elasticities ◽  
Price Policies

This paper examines how residential sector gas demand in gas exporting countries response to changes by taking into consideration the economic variables. For this purpose, the short and long-run price and income elasticities of residential sector gas demand in the GECF countries for 2000 and 2019 are measured. Using Cobb-Douglas functional form, this paper applies the bounds testing approach to co-integrate within the framework of ARDL (Autoregressive Distributed Lag). Findings of this research show that there is a significant long-run relationship in nine GECF countries, including Algeria, Egypt, Iran, Malaysia, Norway, Peru, Russia, Trinidad and Tobago and Venezuela, that use gas as a source of energy in their residential sector. On average, long-rung income elasticity for underlying countries is 2.65, while long-run price elasticity is negative and calculated at 0.79. This shows that in considered gas exporting countries, residential sector gas demand is very sensitive to income policies, while the price policies impact on demand is more limited. Furthermore, short-run income and price elasticities are estimated at 6.99 and -0.02 (near zero) respectively, which implies that natural gas is very inelastic to price, as a result,price policies are unable to make significant changes in demand over the short-term. Meanwhile, as expected short-run price elasticity is lower than long-run elasticities, indicating that gas exporting countries are more responsive to price in the long-term than in the short-term. Finally, it was found that most of the preferred models have empirical constancy over the sample period.&nbsp;

scholarly journals Estimation of Tobacco Products Price and Income Elasticity using Aggregate Data

2018 ◽  
Vol 51 (3-4) ◽  
pp. 81-94 ◽  
Author(s):  
Olivera Jovanovic ◽  
Jovan Zubović ◽  
Marko Vladisavljević ◽  
Duško Bodrož ◽  
Isidora Ljumović ◽  
...  
Keyword(s):  
Income Elasticity ◽  
Demand Elasticity ◽  
Aggregate Level ◽  
Tobacco Products ◽  
Middle Income ◽  
Middle Income Countries ◽  
Inelastic Analysis ◽  
Long Run ◽  
Level Data ◽  
Low And Middle Income

In order to estimate elasticity of demand for tobacco products authors of this paper used aggregate level data. Research among low and middle income countries over the world empirically showed that demand for tobacco products is usually inelastic. Analysis conducted in the Republic of Serbia showed that price elasticity ranged between -0.76 and -0.62 while income elasticity ranged between 0.34 and 0.39.  The main aim of this paper is to estimate long run and short run demand elasticity based on aggregate level data for period 2002-2016 using Error Correction model. This research is unique in the SEE countries, while research conducted in other low and middle income countries in Western Balkan region showed similar results.

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