scholarly journals Poultry meat vertical – A partial equilibrium model approach

2014 ◽  
Vol 45 (1) ◽  
pp. 55-65
Author(s):  
M. Malý
Author(s):  
Lenka Šobrová ◽  
M. Malý ◽  
Z. Malá

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.


2020 ◽  
Vol 21 (2) ◽  
pp. 438-451
Author(s):  
Magdalena Zrakić Sušac ◽  
David Kranjac ◽  
Ivo Grgić ◽  
Željka Mesić

2014 ◽  
Vol 1 (1) ◽  
Author(s):  
Mayengbam Lalit Singh

The present paper deals with the impact of the recently signed ASEAN-India Free Trade Agreement (FTA) on manufactured goods. Partial equilibrium model approach (SMART model) has been employed to find out trade creation and diversion values of those goods in respective markets (India as well as ASEAN). In this paper, a new index has been constructed to embody score of India and two ASEAN groups using values of trade creation and diversion.


Author(s):  
Jamal Othman ◽  
Yaghoob Jafari

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.


Economica ◽  
2021 ◽  
Author(s):  
Mihail Roscovan ◽  

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


2008 ◽  
Vol 46 (4) ◽  
pp. 1189-1208 ◽  
Author(s):  
Geraldo da Silva e Souza ◽  
Eliseu Alves ◽  
Rosaura Gazzola ◽  
Renner Marra

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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