Factors of wine demand in the Czech Republic and in the neighbouring wine-growing countries

Kučerová, Renata

doi:10.17221/5127-agricecon

Cited by 3 publications

(2 citation statements)

References 3 publications

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“…As the relevant data were unavailable, we do not consider wine to be a substitute good for the purposes of the assessment, even though Kučerová (2005) asserts that beer or other alcoholic drinks are a distant substitute of wine, since their prices and levels of consumption are non-important for the development of the wine demand.…”

Section: Data Model and Empirical Approachmentioning

confidence: 99%

The demand for beer in presence of past consumption and advertising in the Czech Republic

Castiglione¹,

Grochová²,

Infante³

et al. 2011

Agric. Econ. - Czech

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Abstract:The paper focuses on beer consumption in the Czech Republic, the country with the highest beer consumption per capita in the world. To understand the recent beer-consumption behaviour, we use the monthly data from a three year period, 2006-2008, to estimate both the 2SLS and the SUR model charting the demand for beer extended to the past consumption and advertising expenditure. The demand for beer in the Czech Republic reacts more strongly to the changes in price than it does to the investments in advertising. The results suggest two implications for the policy-makers. Consumption is as sensitive to the price of beer and its alternatives as it is to advertising, so taxes or restrictions on advertising can affect the consumption of beer, considering the long tradition of Czech consumers in drinking beer as the strong role of the past consumption demonstrates.

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Section: Data Model and Empirical Approachmentioning

confidence: 99%

The demand for beer in presence of past consumption and advertising in the Czech Republic

Castiglione¹,

Grochová²,

Infante³

et al. 2011

Agric. Econ. - Czech

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“…A comparison of Czech conditions with some EU countries in the pre-accession period was discussed by Škorpíková (2002), Tomšík, Sedlo (2005), and after the Czech Republic joined the EU by Hicl (2012). Kučerová (2005) points out that the Czech Republic shows a number of particularities in these characteristics when compared to neighbouring Slovakia or Austria, such as the fact that the Czech Republic is a country where beer is strikingly popular. A number of papers have focused on the impact of legislative changes in the area of viticulture in particular related to the Czech Republic's entry into the EU in 2004, which is of major interest to active wine makers.…”

Section: Introductionmentioning

confidence: 99%

Viticulture in The Czech Republic: Some Spatio-Temporal Trends

Svobodová

Věžník

Kral

2014

Moravian Geographical Reports

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The development of main factors of the wine demand

Tomšík¹,

Gurská²

2009

AGR ECON-CZECH

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321The modern viniculture in the czech republic has been influenced especially by the changed wine law in 1995 (and its later revisions) and by the privatization of companies. The most important stimulator of the increasing consumption of domestic wine was the increasing quality of the wines enabled by the improvement of agricultural technology and wine cultivation and big investments into the modern Abstract: The paper identifies and analyses the main factors which influenced the wine demand. The average annual wine consumption per capita is the basic factor of the wine demand. The average annual wine consumption, one of the wine demand factors, grew between 2003 and 2007 from 16.3 l to 18.5 l per capita. Following this trend, we can expect the average annual wine consumption 19.0 l per capita in year 2010. A positive feature of this development is also the fact, that there grows the demand after the quality wines. At the same time, there grows also the consumption of the lower quality, cheap wines packed in boxes or PET bottles. A continuously growing tendency can be also noticed in the red-wine consumption. This change of consumer preferences has significantly influenced the growth of the share of the red varieties in the newplanted vineyards. however, there are critical factors in the development of the demand for wine demand here. Specifically, it is the daily feasible ration of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute of wine. The average annual beer consumption moves about 160 l per capita in the czech republic. The continuously growing tendency of wine consumption is reduced by the lower price of beer too, because beer is the cheapest alcoholic drink in the czech republic. The taste and preferences of consumers have been changing, that means, that the consumers are the ones who decide about the wine quality, and not producers. That is why this paper includes the partial results of the research oriented on the habits and behaviour of consumers in the wine market in the czech republic. it is concentrated on the wine sellers opinions on demand development in the wine market.Key words: wine, wine production, wine demand, wine consumption, consumer preferences Abstrakt: Příspěvek identifikuje a analyzuje hlavní ukazatele, které ovlivňují vývoj poptávky po vínu. základním ukazatelem poptávky po vínu je jeho průměrná roční spotřeba vína na jednoho obyvatele. Přitom v roce 2003 se spotřeba pohybovala kolem 16,3 l a podle údajů Českého statistického úřadu se zvýšila v roce 2007 na 18,5 l. Také do budoucna je očekáván nárůst spotřeby na cca 19,0 l v roce 2010. Pozitivní na tomto vývoji je také to, že se zvyšuje poptávka po kvalitních vínech. zároveň také roste spotřeba méně kvalitních, levných vín balených v krabicích, či PET lahvích. Stále rostoucí tendenci rovněž vykazuje spotřeba červeného vína. Tato změna v preferencích spotřebitelů výrazně ovlivnila zvyšování podílu modrých odrůd při nových výsadbách vinic. Mezi další faktory ovlivňující spotřebu (poptávk...

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Factors of wine demand in the Czech Republic and in the neighbouring wine-growing countries

Cited by 3 publications

References 3 publications

The demand for beer in presence of past consumption and advertising in the Czech Republic

The demand for beer in presence of past consumption and advertising in the Czech Republic

Viticulture in The Czech Republic: Some Spatio-Temporal Trends

The development of main factors of the wine demand

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