Price Analysis of Selected Food Products in Relation to Development of Retirement Pension Range in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25619161%3A_____%2F20%3AN0000012" target="_blank" >RIV/25619161:_____/20:N0000012 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Price Analysis of Selected Food Products in Relation to Development of Retirement Pension Range in the Czech Republic
Original language description
The article deals with the questions of increase in prices of selected food products in the view of the senior demographic category of consumers receiving retirement pensions. There has been carried out a price analysis of selected food products for the time series 2010 ‒ 2019, in which there were detected individual development trends. There has been carried out an analysis of incomes of the retired in the Czech Republic within the same time series. There were studied connections between the analysed variables for the last ten years. For each variable there was found an appropriate trend function, favourably copying the price development in time. Furthermore, there were made regression and correlation analyses for the dependent variable "retirement pension amount" which discovered a high correlation coefficient, uniquely proving a strong linear dependence and linear increasing trend (r = 0.946). The article is highlighting the real decrease in purchasing power of the target group of product consumers.
Czech name
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Czech description
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Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
KNOWCON 2020:Knowledge on Economics and Management
ISBN
9788024457987
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
195-200
Publisher name
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Place of publication
Olomouc
Event location
Olomouc
Event date
Nov 12, 2020
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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