DEMAND FUNCTION OF COFFEE

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F23%3A00002662" target="_blank" >RIV/75081431:_____/23:00002662 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.magnanimitas.cz/ADALTA/1302/papers/A_burghauserova.pdf" target="_blank" >https://www.magnanimitas.cz/ADALTA/1302/papers/A_burghauserova.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

DEMAND FUNCTION OF COFFEE

Popis výsledku v původním jazyce

The aim of the paper was to investigate the demand function for coffee in selected EU countries using content analysis, price elasticity and income elasticity calculations. The content analysis revealed 13 factors behind the demand for coffee, including quality, rare, healthy, unique and certified coffee, eco-labels, decaffeinated products, sensory and physiological characteristics, human diseases and environmental pollution as the main determinants. The relationship between the demand for coffee and its price was also examined, measuring price and income elasticities of demand. The factors behind coffee demand have created a perfectly inelastic demand in the EU. Low quality coffee is not attractive to consumers who want excellent, rare and healthy products. It is therefore concluded that there is a perfectly inelastic demand for coffee. The quantity demanded is independent of changes in coffee prices, indicating that the quantity demanded does not change despite price fluctuations (no elasticity). Coffee is classified as an inferior commodity in the EU and shows declining demand despite rising incomes.

Název v anglickém jazyce

DEMAND FUNCTION OF COFFEE

Popis výsledku anglicky

The aim of the paper was to investigate the demand function for coffee in selected EU countries using content analysis, price elasticity and income elasticity calculations. The content analysis revealed 13 factors behind the demand for coffee, including quality, rare, healthy, unique and certified coffee, eco-labels, decaffeinated products, sensory and physiological characteristics, human diseases and environmental pollution as the main determinants. The relationship between the demand for coffee and its price was also examined, measuring price and income elasticities of demand. The factors behind coffee demand have created a perfectly inelastic demand in the EU. Low quality coffee is not attractive to consumers who want excellent, rare and healthy products. It is therefore concluded that there is a perfectly inelastic demand for coffee. The quantity demanded is independent of changes in coffee prices, indicating that the quantity demanded does not change despite price fluctuations (no elasticity). Coffee is classified as an inferior commodity in the EU and shows declining demand despite rising incomes.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50200 - Economics and Business

Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2023

Kód důvěrnosti údajů

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

Název periodika

Ad Alta - Journal of Interdisciplinary Research

ISSN

1804-7890

e-ISSN

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Svazek periodika

13

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

8

Strana od-do

36-43

Kód UT WoS článku

001143971400054

EID výsledku v databázi Scopus

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