Consumption of Beer and White Wine in the Czech Republic

Bc. Abdalmageed Al wadhaf

Master's thesis

Abstract:

This thesis is focused on the consumption and consumer behaviour of beer and white wine in the Czech Republic for the selected period 1998-2020. The main goal of this thesis is to analyze consumption, its determinants, and the factors influencing the consumers’ behaviour. In the practical part will be used the trend functions for the market analysis and two simple regressions for selected commodities in the selected period to analyze those data using MS excel and SW Gretl. This thesis studies the consumption of beer and white wine in the Czech Republic between 1998 and 2020 years (22 observations). The main procedure in the practical part of this thesis will be based on econometric models using the ordinary least square method, where selected variables will be studied for their impact on the consumption process of beer and white wine. The main aim of the thesis is to evaluate the consumption and consumer behaviour of beer and white wine in the Czech Republic for the selected period, examine the determinants influencing the consumption of beer and white wine in the selected period, and discover which determinant has the stronger impact on the consumption process. One of the variables is the price, where the low price of beer and white wine in the Czech Republic increases the consumption not even by the locals, but also by tourists and foreigners who live in the country.

Keywords

Beer, Consumption, White Wine

Language used: English

Date on which the thesis was submitted / produced: 1. 4. 2022

Thesis defence

• Supervisor: Ing. Lenka Rumánková, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management