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Structural changes in the beef meat demand in Slovakia and demand elasticity estimation

Author

Listed:
  • D. Hupková

    (Faculty of Economics and Management, Slovak University of Agriculture, Nitra, Slovak Republic)

  • P. Bielik

    (Faculty of Economics and Management, Slovak University of Agriculture, Nitra, Slovak Republic)

  • N. Turčeková

    (Faculty of Economics and Management, Slovak University of Agriculture, Nitra, Slovak Republic)

Abstract

The article focuses on assessing the consumer habits attitudes and behaviour towards the beef meat demand. The main objective of this study is to investigate the determinants of the households' beef meat consumption using the main economic factors. Determining and analysis of consumer behaviour on the individual household categories level and the subsequent comparison of impact factors on consumer decision will give us an assumption to the complex understanding of the consumer behaviour determinants. We used panel data to estimate the beef meat demand in Slovakia. The data were obtained from the Household Budget Survey of the Slovak Statistical Office. The estimates of price and income elasticities of the beef meat demand are also obtained. The results indicate that the food patterns development in Slovakia during the past two decades has undergone rapid structural changes. The declining beef meat consumption is influenced mainly by the decreasing purchasing power and the occurrence of the BSE disease. According to the elasticity estimation results, we can state that the beef meat demand is price and income inelastic. Key words: beef meat consumption, households' consumption, price elasticity, income elasticity. BSE disease

Suggested Citation

  • D. Hupková & P. Bielik & N. Turčeková, 2009. "Structural changes in the beef meat demand in Slovakia and demand elasticity estimation," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 55(8), pages 361-367.
    • Handle: RePEc:caa:jnlage:v:55:y:2009:i:8:id:41-2009-agricecon
    DOI: 10.17221/41/2009-AGRICECON
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    References listed on IDEAS

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    1. Giancarlo Moschini & Karl D. Meilke, 1989. "Modeling the Pattern of Structural Change in U.S. Meat Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(2), pages 253-261.
    2. Braschler, Curtis, 1983. "The Changing Demand Structure for Pork and Beef in the 1970s: Implications for the 1980s," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(2), pages 105-110, December.
    3. Braschler, Curtis H., 1983. "The Changing Demand Structure For Pork And Beef In The 1970s: Implications For The 1980s," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-6, December.
    4. Iain Fraser & Imad A. Moosa, 2002. "Demand Estimation in the Presence of Stochastic Trend and Seasonality: The Case of Meat Demand in the United Kingdom," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 83-89.
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    Cited by:

    1. Renata BENDA PROKEINOVA & Martina HANOVA, 2016. "Modelling consumer's behaviour of the meat consumption in Slovakia," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(5), pages 235-245.
    2. Elena HORSKÁ & Johana ÜRGEOVÁ & Renata PROKEINOVÁ, 2011. "Consumers' food choice and quality perception: Comparative analysis of selected Central European countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 57(10), pages 493-499.
    3. Karel JANDA & Jakub MIKOLÁŠEK & Martin NETUKA, 2010. "Complete almost ideal demand system approach to the Czech alcohol demand," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 56(9), pages 421-434.

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