Agric. Econ. - Czech, 2002, 48(10):456-462 | DOI: 10.17221/5352-AGRICECON

Analysis of methodological approaches to evaluation of complementary and substitution relationships in consumer demand for food

P. Syrovátka, L. Grega
Mendel University of Agriculture and Forestry, Brno, Czech Republic

The article is focused on analysis of methodological approaches usable for the analysis of complementary and substitution relationships in consumer demand for food. Demand on food markets is mostly analysed using coefficients of cross elasticities. These coefficients reflect character and intensity of demand relationships of analysed foodstuffs. Besides this traditional approach, another methodological possibility is presented in the paper. This approach is based on correlation and paired regression analysis. Paired indices of determination and correlation, respectively paired regression parameters, may be also used to solve substitution and complementary relationships between the analysed food commodities. Moreover, this methodological approach can be used for analysis of complementary and substitution relationships between aggregate groups of goods, which is not possible if coefficients of indirect price elasticity of demand are used.

Keywords: consumer demand for food, substitution relationships in demand, complementary relationships in demand, paired linear correlation, paired linear regression

Published: October 31, 2002  Show citation

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Syrovátka P, Grega L. Analysis of methodological approaches to evaluation of complementary and substitution relationships in consumer demand for food. Agric. Econ. - Czech. 2002;48(10):456-462. doi: 10.17221/5352-AGRICECON.
Share...
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Browning E.K., Browning J.M. (1992): Microeconomics, Theory and Applications. 4th edition, USA, Harper Collins Publishers, 719 p.; ISBN 0-0673-52142-7.
    2. Dufek J. (1993): Ekonometrie. Brno, PEF, VŠZ, 132 s.; ISBN 80-7157-080X.
    3. Garaj V., Šujan L. (1980): Ekonometria. 1. vyd. Bratislava, SNTL/Alfa, 284 s.
    4. Gujarati D.N. (1988): Basic Econometrics. 2nd edition. USA, McGraw-Hill, 705 p.; ISBN 0-07-0255188-6.
    5. Heien D.M. (1982): Structure of Food Demand: Interrelatedness and Duality. American Journal of Agricultural Economics, 64 (2): 213–221. Go to original source...
    6. Hill B. (1990): An Introduction to Economics for Students of Agriculture. 2nd edition, Oxford, Pergamon Press, 388 p.; ISBN 0-08-037498-0.
    7. Hušek R. (1999): Ekonometrická analýza. 1. vyd. Praha, Ekopress, 303 s.; ISBN 80-86119-19-X.
    8. Koutsoyiannis A. (1979): Modern Microeconomics. 2nd edition. London, The Macmillan Press, 581 p.; ISBN 0-33325349-3. Go to original source...
    9. Minaøík B. (1995): Statistika I. Brno, PEF MZLU, 159 s.; ISBN 80-7157-166-0.
    10. Nicholson W. (1992): Microeconomic theory, Basic principles and Extensions. 5th edition. USA, Dryden Press, 825 p.; ISBN 0-03055043-2.
    11. Seger J., Hindls R., Hronová S. (1998): Statistika v hospodáøství. 1. vyd. Praha, ETC Publishing, edice Manager/ Podnikatel, 636 s.; ISBN 80-86006-56-5.
    12. Soukupová J. a kol. (1998): Mikroekonomie. 1. vyd. Praha, Management Press, 535 s.
    13. Soukup J. (1999): Mikroekonomická analýza (vybrané kapitoly). 1. vyd. Slaný, Melandrium, 163 s.; ISBN 80-8617507-3.
    14. Syrovátka P. (2000): Analýza spotøebitelské poptávky po peèivu. Sborník z mezinárodní vìdecké konference Mezinárodní vìdecké dny 2000. Nitra, FEM SPU, díl 1, s. 323– 329; ISBN 80-7137-715-5.
    15. Syrovátka P., Brázda P. (2000): Poptávkové interakce na spotøebitelské trhu s pekárenskými výrobky. Sborník z mezinárodní vìdecké konference. Brno, PEF MZLU, 158 s.; ISBN 80-7157-469-4.
    16. Tvrdoò J. (1999): Ekonometrie. Praha, PEF ÈZU, 222 s.; ISBN 80-213-04282-0.
    17. Varian H.R. (1995): Mikroekonomie. 1. vyd. Praha, Victoria Publishing, 643 s.; ISBN 80-85865-25-4.
    18. Varian H.R. (1978): Microeconomics Analysis. USA, Norton, 280 p.; ISBN 0-393-09036-1.
    19. Wold H., Jureen L. (1953): Demand Analysis. New York, Wiley.
    20. Zvára K. (1989): Regresní analýza. Praha, Academia, 242 s.; ISBN 80-200-0125-5.

    This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International (CC BY NC 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content