Wine consumption in the Czech Republic and the prices of alcohol

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F14%3A00214245" target="_blank" >RIV/62156489:43110/14:00214245 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Wine consumption in the Czech Republic and the prices of alcohol

Popis výsledku v původním jazyce

Consumption of wine in the Czech Republic has a growing tendency, representing 15.4 litres per capita in 1995 and 20.0 litres per capita in 2012. The goal of this paper is an analysis of the development of consumer demand for wine in the Czech Republic based on the estimation of elasticity coeffi cients derived from the constructed dynamic model. The overall development in the period 1948--2012 is demonstrated through the linear trend. Th e growing consumption of wine was examined in relation to the development of the prices of wine, beer, and rum in the period 1991--2012. Th e achieved negative values of the own price elasticity coeffi cients (ranging from --0.2957 to --0.1624)suggest, that there worked normal price reactions. Cross price elasticity coeffi cients of the gross demand for wine showed complementarity between the consumption of wine and beer or wine and rum. Th e cross price elasticity of the gross demand for wine related to the price of 10° beer was --0.2757 in average,

Název v anglickém jazyce

Wine consumption in the Czech Republic and the prices of alcohol

Popis výsledku anglicky

Consumption of wine in the Czech Republic has a growing tendency, representing 15.4 litres per capita in 1995 and 20.0 litres per capita in 2012. The goal of this paper is an analysis of the development of consumer demand for wine in the Czech Republic based on the estimation of elasticity coeffi cients derived from the constructed dynamic model. The overall development in the period 1948--2012 is demonstrated through the linear trend. Th e growing consumption of wine was examined in relation to the development of the prices of wine, beer, and rum in the period 1991--2012. Th e achieved negative values of the own price elasticity coeffi cients (ranging from --0.2957 to --0.1624)suggest, that there worked normal price reactions. Cross price elasticity coeffi cients of the gross demand for wine showed complementarity between the consumption of wine and beer or wine and rum. Th e cross price elasticity of the gross demand for wine related to the price of 10° beer was --0.2757 in average,

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Agricultural Economics-Zemedelska ekonomika

ISSN

0139-570X

e-ISSN

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Svazek periodika

60

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

10

Strana od-do

89-98

Kód UT WoS článku

340026600005

EID výsledku v databázi Scopus

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