Price Elasticities for Chosen Agriculture Products in the Czech Republic

Bc. Tatiana Shcherbinina

Diplomová práce

Abstract:

The research is focused on the analysis of price elasticity for the chosen products (wheat, barley, milk and eggs) in the Czech Republic. The aim of the Diploma Thesis is to determine the demand price elasticities for the selected agricultural products in the Czech Republic and forecast their changes in the future. The study is based on use of secondary sources of data collecting: Czech Statistical Office, FAOSTAT and Eurostat. The first part examines the theoretical experience in case of price formation, consumers’ behavior and elasticity calculations. The analytical part is focused on the analysis of current agricultural situation in the Czech Republic and its difference in comparison with the Russian agrarian market. The practical part includes calculations in log-linear demand models and elasticities for the chosen products. SWOT analysis is used to provide suitable recommendations for the development of Czech agricultural market.

Keywords

Agriculture, Consumers, Elasticity, Government

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 28. 3. 2019

Obhajoba závěrečné práce

• Vedoucí: Ing. Tomáš Maier, Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program / obor:
Economics and Management / Economics and Management