Modelling of the Demand Relations within the Commodity Chain: Application on the Wheat Commodity Chain in the Czech Republic

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Modelling of the Demand Relations within the Commodity Chain: Application on the Wheat Commodity Chain in the Czech Republic

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Modelling of the Demand Relations within the Commodity Chain: Application on the Wheat Commodity Chain in the Czech Republic

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GP402%2F08%2FP445" target="_blank" >GP402/08/P445: Souvislosti a specifika fungování komoditních vertikál agrobyznysu v českém agrárním sektoru</a><br>

Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2009

Kód důvěrnosti údajů

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

Název statě ve sborníku

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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Počet stran výsledku

8

Strana od-do

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Název nakladatele

International Center for Food Chain and Network Research

Místo vydání

University of Bonn, Germany

Místo konání akce

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Datum konání akce

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Typ akce podle státní příslušnosti

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Kód UT WoS článku

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