scholarly journals IMPACT OF FOOD INDUSTRY MARKUPS ON SECTORIAL BUSINESS CYCLE AND FOOD INFLATION IN POLAND

2017 ◽  
Vol 16 (4) ◽  
pp. 41-50
Author(s):  
Szczepan Figiel ◽  
Mariusz Hamulczuk ◽  
Justyna Kufel-Gajda
Keyword(s):  
Business Cycle ◽  
Food Industry ◽  
Positive Impact ◽  
Food Sector ◽  
Labor Share ◽  
Var Analysis ◽  
Cross Correlations ◽  
Policy Measures ◽  
Polish Economy ◽  
Food Inflation

The main goal of this paper was to examine relationships between markups, output, and food inflation in the Polish food sector in the period 2000–2013. Levels of the monopolistic markups were calculated as an inversed labor share in the output value with a modification regarding overhead labor, whereas value of production was used as an indicator of sectorial business cycle. In order to analyze the relationships in question such methods as cross-correlations, Granger test, and VAR analysis were employed. It turned out that markups have behaved procyclically regarding the sectorial business cycle, and can be regarded as a lagged indicator for output and as a predictor for food inflation. A positive impact of the markups on the food inflation is likely to be one of the reasons for relatively weak joint changes of output and inflation, what may affect responses of the Polish economy to the monetary policy measures.

scholarly journals APPLICATION OF SYNTHETIC TAXONOMIC MEASURE TMAI FOR THE ASSESSMENT OF INVESTMENT ATTRACTIVENESS OF THE SELECTED FOOD INDUSTRY COMPANIES LISTED ON THE WARSAW STOCK EXCHANGE IN THE YEARS 2013 – 2016

2018 ◽  
Author(s):  
Monika ZIELIŃSKA-SITKIEWICZ ◽  
Mariola CHRZANOWSKA
Keyword(s):  
Food Industry ◽  
Stock Exchange ◽  
Point Of View ◽  
Food Sector ◽  
Financial Condition ◽  
Beer Industry ◽  
Warsaw Stock Exchange ◽  
Polish Economy ◽  
Profitability Ratios ◽  
Agricultural Food

The food sector is one of the most important and fastest growing branches of the Polish economy. It employs almost 15% of all employees employed in the industry. Polish manufacturers are characterised by high competitiveness both in the EU and in the world. The macroeconomic environment in recent years has been relatively stable for the development of the food industry production in Poland, but the dynamics of agricultural-food products has experienced a slight slowdown. There were also fluctuations in profitability ratios in the sector, which may have been somewhat alarming for the investors. The article attempted to evaluate the investment attractiveness of 24 joint stock companies in the food sector, representing various industries, listed on the Warsaw Stock Exchange. The Taxonomic Measure of the Attractiveness of Investments (TMAI) and the company rankings were created for the years 2013 – 2016. The results showed that the Wawel and Astarta companies were at the top of the rankings in the studied years, representing the confectionery and the sugar sector, and the Żywiec company from the beer industry. The meat and fish processing companies were more or less centred on the scale. The companies KSG Argo, Milkiland, Wilbo, Pepees and Pamapol involved in the agricultural-food production and processing received the poorest evaluations of the investment attractiveness. The synthetic taxonomic TMAI measure makes it possible to build company rankings within the analyzed group, from the point of view of the assessment of the financial condition and investment attractiveness of the surveyed companies. It can provide additional help in assessing the company’s situation, e.g., for the investors.

scholarly journals THE TECHNOLOGY SHOCK AND THE POLISH FOOD SECTOR MARKUPS

2017 ◽  
Vol 16 (1) ◽  
pp. 53-62
Author(s):  
Justyna Kufel-Gajda
Keyword(s):  
Market Power ◽  
Food Industry ◽  
Labor Demand ◽  
Positive Sign ◽  
Food Sector ◽  
Competition Level ◽  
Technology Shock ◽  
Polish Economy ◽  
Auto Regression

The aim of the paper is to investigate an impact of a technology shock on a market power exerted in the Polish food industry, measured by monopolistic markups calculated based on a labor input margin with developments, as well as the Roeger markup, in the period 2002–2013. A structural vector auto regression model (SVAR) with productivity and hours in the Polish economy, and markups, was built. It was assumed that in the long-term only technology shock influences productivity, whereas shocks in markups make no impact on labor demand. After including labor markups developments, the technology shock seemed to increase the competition level, and the exerted market power rises over time. The positive sign of movement is opposed to results regarding unconditional cyclicality of markups in the food industry and in the whole Polish economy.

Tracking the Transmission Channels of Fiscal Deficit and Food Inflation Linkages: A Structural VAR Approach

2020 ◽  
pp. 165-172
Keyword(s):  
Positive Impact ◽  
Structural Var ◽  
Fiscal Deficit ◽  
Agricultural Industry ◽  
Vector Autoregressive ◽  
Transmission Channels ◽  
Government Deficit ◽  
Import And Export ◽  
The Impact ◽  
Food Inflation

This empirical analysis aspired to unearth the transmission channels of fiscal deficit and food inflation linkages in the Indian perspective by reasonably exerting the data for 1991 to 2017. The precise results of structural vector autoregressive (SVAR) analysis proffered that there were three different mechanisms of transmission such as consumption, general inflation, and import channels that led to food inflation in response to the high fiscal deficit. The first channel revealed that government deficit spending had a positive impact on income which further led to food inflation through surging the household consumption expenditure. It was concluded that fiscal deficit passed through general inflation finally leading to a food price surge in the economy and seemed to work as cost-push inflation for the food and agricultural industry. The outcome also revealed that the impact of fiscal deficit passed to food inflation through external linkages such as import and export.

scholarly journals Potential application of gold nanoparticles in food packaging: a mini review

Gold Bulletin ◽  
2021 ◽  
Author(s):  
Saeed Paidari ◽  
Salam Adnan Ibrahim
Keyword(s):  
Gold Nanoparticles ◽  
Potential Application ◽  
Food Industry ◽  
Food Packaging ◽  
Industrial Applications ◽  
Mechanisms Of Action ◽  
Microbial Load ◽  
Food Sector ◽  
The Past ◽  
Industry Applications

AbstractIn the past few decades, there have been remarkable advances in our knowledge of gold nanoparticles (AuNPs) and synthesizing methods. AuNPs have become increasingly important in biomedical and industrial applications. As a newly implemented method, AuNPs are being used in nanopackaging industries for their therapeutic and antibacterial characteristics as well as their inert and nontoxic nature. As with other NPs, AuNPs have privileges and disadvantages when utilized in the food sector, yet a significant body of research has shown that, due to the specific nontoxic characteristics, AuNPs could be used to address other NP flaws. In this mini review, we present synthesizing methods, food industry applications, and mechanisms of action of gold nanoparticles. Regarding the investigations, gold nanoparticles can play a major role to reduce microbial load in foodstuff and therefore can be implemented in food packaging as an effective approach.

scholarly journals Business Strategies in HR in Times of Crisis: The Case of Agri-Food Industry in Central Greece

Businesses ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 36-50
Author(s):  
Konstantina Ragazou
Keyword(s):  
Food Industry ◽  
Group Discussion ◽  
Business Strategies ◽  
Food Sector ◽  
Central Greece ◽  
Internal Mobility ◽  
Modern Business ◽  
Mobility Training ◽  
A Company ◽  
Depth Interviews

Crisis, in whatever form it takes, is a challenge for modern business. The challenge lies in the fact that a company is prepared to balance the difficult conditions that are created, while preserving their business interest and efficiency. Thus, companies focus only on their perceived fixed bases, those that are in the internal environment such as the human capital. The need for better human resource management is more urgent than ever, and the burden on the business department is particularly great. The aim of this qualitative research is to highlight the strategies that were developed by agri-food companies in Greece and contribute to the maintenance and motivation of employees in the context of economic crisis. The methodology of this study is based on in depth interviews that were conducted in focus group discussion. Eleven companies from the agri-food sector in the region of Central Greece participated in the research. The executives highlighted three different strategies that were developed by agri-food companies in Greece, which focused on internal mobility, training and appraisal performance. Companies had to face different difficulties to use these strategies, but most of them proved that they can face their weaknesses and apply these strategies in a turbulent period like a financial crisis.

scholarly journals Assessing the Tendencies in the Production, Sales and Organization of Consumption of Food Products and Services

2021 ◽  
Vol 2 (517) ◽  
pp. 308-315
Author(s):  
S. M. Sukacheva-Trunina ◽  
Keyword(s):  
Food Supply ◽  
Food Industry ◽  
Food Products ◽  
Food Sector ◽  
Agricultural Enterprises ◽  
Managerial Decisions ◽  
Methodical Approach ◽  
Its Regions ◽  
The Status ◽  
Agriculture And Food

The article is aimed at forming a methodical approach to the assessment of tendencies in production, sales and organization of consumption of food products and services, which includes all the components of the food sector and allows to conduct a comprehensive assessment of tendencies in its development. The proposed methodical approach includes assessment of the status and dynamics of food supply to the population, assessment of the status and dynamics of indicators of agricultural enterprises, food industry, trade in foods, restaurant economy and assessment of the factors that influence the development of the food sector. The use of the proposed methodical approach allows to reasonably make decisions on the development of a strategy for the development of food sector enterprises. The conducted studies have shown that in Ukraine as a whole and in its regions in particular in recent years there have been positive tendencies in the production, sale and organization of consumption of food products and services. At this, sales of foods by enterprises of both agriculture and food industry is much higher than by retail enterprises of food products and restaurant enterprises, which indicates the sufficient provision with food products to the financially reliable demand of the population of Ukraine. Prospects for further research in this direction are the development of methodical instrumentarium for assessing the effectiveness of management of food sector enterprises, which will be adapted to modern conditions for the implementation of specific managerial decisions.

scholarly journals Training requirements for agro-food industry in Portugal

2015 ◽  
Vol 4 (1) ◽  
Author(s):  
Pedro D. Gaspar ◽  
Rita Pinheiro ◽  
Cláudia Domingues ◽  
Celestino Almeida ◽  
Teresa Paiva ◽  
...  
Keyword(s):  
Business Performance ◽  
Food Industry ◽  
Soft Skills ◽  
Food Sector ◽  
Training Strategy ◽  
Food Industries ◽  
Training Requirements ◽  
Market Trends ◽  
Effectiveness And Efficiency ◽  
Definition Of

Agro-food companies are aware that the technical and soft skills of their employees directly influence business performance and, consequently, improving those skills will enhance the effectiveness and efficiency of their companies. This paper presents the main results of the AgriTraining project “Training requirements for the agro-food industry". Activities in pursuit of the objectives of this project involved: (1) analysis of the training needs in the agro-food industry in Portugal; (2) analysis of the training provision and the training organizations; (3) analysis of market trends; (4) definition of a training strategy; and (5) adjustment and development of training strategies for the agro-food sector. This last activity comprised the development of training curricula, suitable for the food sector as a whole and adjusted for the specific needs of some traditional industries, in order to promote the development and competitiveness of the agro-food industry in Portugal. Such training curricula aimed to promote the uptake of innovative technologies and methodologies, increase the ability of agro-food industries to invest and take risks, and enable adoption of European Community standards for production and marketing. Gaps in training supply were identified and the training provision was updated according to the needs of the agro-food companies. It was determined that companies need and demand knowledge and innovation to increase their competitive position for internationalization purposes. It was possible to define a training strategy based on market-orientation for agro-food differentiation.

Analysis of the ECVET situation in the United Kingdom and its Implementation in the Food Sector

2012 ◽  
pp. 123-141
Author(s):  
Sukky Jassi ◽  
Alison Pearson
Keyword(s):  
United Kingdom ◽  
Food Industry ◽  
Economic Structure ◽  
Food Sector ◽  
Competitive Position ◽  
The United Kingdom ◽  
Economic Position ◽  
The Uk

This article provides an analysis of the current performance and competitive position of the UK food industry and its sectors, the economic structure and condition of the industry and the challenges influencing its performance and economic position. Moreover, this article focuses on the implementation of ECVET in the food sector.

Strategies for the Development of New Products in the Spanish Agri-Food Industry

2014 ◽  
pp. 181-198 ◽  
Author(s):  
Silverio Alarcón ◽  
Luis González Polonio ◽  
Mercedes Sánchez
Keyword(s):  
Economic Growth ◽  
Food Industry ◽  
Positive Impact ◽  
New Products ◽  
Business Strategies ◽  
Large Firms ◽  
Competitive Position ◽  
Technological Cooperation ◽  
Source Of Information ◽  
Positive Results

The objective of this study is to identify the resources and strategies associated with the introduction of new products in the Spanish agri-food industry. The source of information used is the Encuesta sobre Estrategias Empresariales, ESEE (Survey of Business Strategies). From this survey, innovation inputs and outputs have been extracted for the years 2000-2008. The results show that the efforts made by firms to invest in capital goods, R&D, and ICTs produced positive results. Nevertheless, little use has been made of other innovation resources such as technological cooperation with other businesses and/or institutions in the Spanish agri-food industry, and greater efforts in this direction would improve its competitive position. Moreover, while SMEs have made important efforts in recent years to adopt ICTs, there still remains a big gap between them and large firms. The efforts being made could lead to improvements in competiveness due to the positive impact of ICTs on economic growth and on productivity.

Nanotechnology in the Food Industry

2015 ◽  
pp. 218-239
Author(s):  
Shabir Ahmad Mir ◽  
Manzoor Ahmad Shah
Keyword(s):  
Food Safety ◽  
Product Development ◽  
Food Processing ◽  
Potential Application ◽  
Food Industry ◽  
Health Benefits ◽  
Food Sector ◽  
Potential Risks ◽  
Food Stability

This chapter addresses the potential application of nanotechnology in various areas of the food industry. Nanotechnology is having an impact on several aspects of the food industry, from product development to packaging processes. Nanotechnology is capable of solving the very complex set of engineering and scientific challenges in the food processing industries. This chapter focuses on exploring the role of nanotechnology in enhancing food stability at the various stages of processing. Research has highlighted the prospective role of nanotechnology use in the food sector, including nanoencapsulation, nanopackaging, nanoemulsions, nanonutraceuticals, and nanoadditives. Industries are developing nanomaterials that will make a difference not only in the taste of food but also in food safety and the health benefits that food delivers. While proposed applications of nanotechnologies are wide and varied, developments are met with some caution as progress may be stifled by lack of governance and potential risks.

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