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  • This paper is focused on the supply of the Czech producers of bottled quality white wine. Namely, a dependence of their sales of this wine category on the market price of bottled quality white wine was examined. Monthly data from the CZSO and SZIF database, years 2004--2012, were used for the price-supply analysis. Price-supply reactions of the Czech wine producers were investigated through two-stage cointegration method developed by Engle and Granger. Short-term and long-term price elasticity of studied market supply was based on the error correction model designed and statistically verified by the authors.
  • This paper is focused on the supply of the Czech producers of bottled quality white wine. Namely, a dependence of their sales of this wine category on the market price of bottled quality white wine was examined. Monthly data from the CZSO and SZIF database, years 2004--2012, were used for the price-supply analysis. Price-supply reactions of the Czech wine producers were investigated through two-stage cointegration method developed by Engle and Granger. Short-term and long-term price elasticity of studied market supply was based on the error correction model designed and statistically verified by the authors. (en)
Title
  • Price Elasticity of Supply of Bottled Quality White Wine in the Czech Republic
  • Price Elasticity of Supply of Bottled Quality White Wine in the Czech Republic (en)
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  • Price Elasticity of Supply of Bottled Quality White Wine in the Czech Republic
  • Price Elasticity of Supply of Bottled Quality White Wine in the Czech Republic (en)
skos:notation
  • RIV/62156489:43110/14:00224556!RIV15-MSM-43110___
http://linked.open...avai/riv/aktivita
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  • RIV/62156489:43110/14:00224556
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http://linked.open.../riv/klicovaSlova
  • price-supply elasticity; market supply; price-supply cointegration; quality white wine; error correction model; Czech wine market (en)
http://linked.open.../riv/klicoveSlovo
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  • SK - Slovenská republika
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  • [26BEEF86C8FD]
http://linked.open...i/riv/nazevZdroje
  • Review of Agricultural and Applied Economics
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  • 17
http://linked.open...iv/tvurceVysledku
  • Syrovátka, Pavel
  • Žufan, Pavel
issn
  • 1336-9261
number of pages
http://bibframe.org/vocab/doi
  • 10.15414/raae.2014.17.02.32-37
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  • 43110
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