Beer Consumption in the Czech Republic and its Determinants

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F19%3A79308" target="_blank" >RIV/60460709:41110/19:79308 - isvavai.cz</a>
Result on the web
<a href="https://content.sciendo.com/view/journals/sab/50/1/article-p64.xml" target="_blank" >https://content.sciendo.com/view/journals/sab/50/1/article-p64.xml</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.2478/sab-2019-0010" target="_blank" >10.2478/sab-2019-0010</a>

Result language
angličtina
Original language name
Beer Consumption in the Czech Republic and its Determinants
Original language description
The study identifies the main beer consumption determinants in the Czech Republic and quantifies their influence on the beer consumption. The analysis covers the following three areas identification of the main determinants of Czech beer consumption, quantification of the influence of these factors on beer consumption, and examination of beer consumption forecasting possibilities. Time series of selected variables containing annual data from 1994 to 2014 are analysed. The main determinants are defined in accord with the general economic theory, their influence is measured using an econometric model, and quality of the model for prognostic purposes is verified using an expost prognosis. Based on empirical analysis, the price of lager beer, income, and influence of financial crisis were determined as the main determinants of Czech beer consumption. In addition, inelastic reaction of beer consumption on their changes was proven. The estimated model may be considered suitable for prognostic purposes. The
Czech name
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Czech description
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Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
10101 - Pure mathematics

Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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