Econometric Analysis of Maple Syrup Market in Qubec

Mgr. Zdislava Pechrová

Diplomová práce

Abstract:

In this thesis econometric analysis of the maple syrup market in Canadian province of Quebec was performed. For this simultaneous econometric model was employed, where production and consumption of maple syrup were endogenous variable and, after initial analysis, price of maple syrup, yield and number of taps were used as exogenous variables. Using Two-Stage Least Square method the parameters of the model were estimated. Structural form of the model was applied for economic characterization of parameters and creation of reduced from which was then used for forecast. In the thesis, it was found out that the biggest impact on consumption has price of maple syrup and biggest impact on production has yield. The three-year forecast predicts 7.9% increase in consumption and 8% increase in production.

Keywords

maple syrup, econometric analysis, Quebec, forecast

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 6. 4. 2020

Obhajoba závěrečné práce

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

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program / obor:
Economics and Management / European Agrarian Diplomacy