About: Wine consumption in the Czech Republic and the prices of alcohol

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	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, and --0.2074 in the case of rum. 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, and --0.2074 in the case of rum. (en)
Title	Wine consumption in the Czech Republic and the prices of alcohol Wine consumption in the Czech Republic and the prices of alcohol (en)
skos:prefLabel	Wine consumption in the Czech Republic and the prices of alcohol Wine consumption in the Czech Republic and the prices of alcohol (en)
skos:notation	RIV/62156489:43110/14:00214245!RIV15-MSM-43110___
http://linked.open...avai/riv/aktivita	S
http://linked.open...avai/riv/aktivity	S
http://linked.open...iv/cisloPeriodika	2
http://linked.open...vai/riv/dodaniDat	2015
http://linked.open...aciTvurceVysledku	Chládková, Helena Syrovátka, Pavel Žufan, Pavel
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Mendelova univerzita v Brně / Provozně ekonomická fakulta
http://linked.open...dnocenehoVysledku	56247
http://linked.open...ai/riv/idVysledku	RIV/62156489:43110/14:00214245
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	own price elasticity of demand; wine consumption; consumption trends; cross elasticity of demand; dynamic model of demand (en)
http://linked.open.../riv/klicoveSlovo	consumption trends cross elasticity of demand dynamic model of demand own price elasticity of demand wine consumption
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[FC3AF3D32B43]
http://linked.open...i/riv/nazevZdroje	Agricultural Economics-Zemedelska ekonomika
http://linked.open...in/vavai/riv/obor	AE
http://linked.open...ichTvurcuVysledku	3 (xsd:int)
http://linked.open...cetTvurcuVysledku	3 (xsd:int)
http://linked.open...UplatneniVysledku	2014
http://linked.open...v/svazekPeriodika	60
http://linked.open...iv/tvurceVysledku	Chládková, Helena Syrovátka, Pavel Žufan, Pavel
http://linked.open...ain/vavai/riv/wos	340026600005
issn	0139-570X
number of pages	10 (xsd:int)
http://localhost/t...ganizacniJednotka	43110

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