Modelling of the Demand Relations within the Commodity Chain: Application on the Wheat Commodity Chain in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F09%3A00145055" target="_blank" >RIV/62156489:43310/09:00145055 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Modelling of the Demand Relations within the Commodity Chain: Application on the Wheat Commodity Chain in the Czech Republic
Original language description
The paper is focused on formulation of demand relations in the commodity chain. Created model respects interdependence and interconnection of particular stages within the food commodity chain -- it takes into account the fact that secondary demand function is formed not only by particular prices but also by level of demand on vertical previous market. The functions of primary consumer demand for final products and the functions of derived demands at the level of retail, processing and agricultural production are modeled. The wheat commodity chain in the Czech Republic is chosen for the application. Statistical verification of the model and derivation of standard characteristics of market subjects' behaviour (elasticities) are made. The model shows thatdemand of consequential vertical stage significantly takes a share in the size of particular secondary demand, consumer demand for basic bakery products is price and income inelastic and there are weak cross price elasticities among cons
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
GA - Agricultural economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GP402%2F08%2FP445" target="_blank" >GP402/08/P445: Conditions and Specifics of Commodity Chains Functioning in Czech Agrobusiness</a><br>
Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
3rd International European Forum on System Dynamics and Innovation in Food Networks
ISBN
978-3-941766-00-6
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
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Publisher name
International Center for Food Chain and Network Research
Place of publication
University of Bonn, Germany
Event location
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Event date
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Type of event by nationality
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UT code for WoS article
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