Impact of Seasonal Production on the Dynamics of Prices for Meat and Dairy Products in Ukraine
Impact of Seasonal Production on the Dynamics of Prices for Meat and Dairy Products in Ukraine
Author(s): Ruslan Mudrak, Iryna Nyzhnyk, Volodymyr Lagodiienko, Nataliia LagodiienkoSubject(s): ICT Information and Communications Technologies
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: meat; milk; prices; seasonality; deficit;
Summary/Abstract: There are seasonal deficits during the year in the meat and dairy product markets that lead to an increase in consumer prices.The calculated coefficient of elasticity showed that prices increase by 0.05%, with a decrease in the monthly supply volumes of meat by 1%.The calculated coefficients of elasticity indicate that the consumer price index for drinking milk, cheese and butter increases by 0.24, 0.12 and 0.13%, respectively, and with a decrease in the production of milk raw ma-terials by 1%.
Journal: TEM Journal
- Issue Year: 8/2019
- Issue No: 4
- Page Range: 1159-1168
- Page Count: 9
- Language: English