Consumption of food in relation to income and saturation limit of Slovak households
Food represents everyday need and from this point of view is stable and computable demand on the consumer market. Based on the current development of households' net money income and consumption expenditures, the aim of the paper is to point at the development of food consumption and changes in...
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| Format: | Article |
| Language: | English |
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Czech Academy of Agricultural Sciences
2019-12-01
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| Series: | Agricultural Economics (AGRICECON) |
| Subjects: | |
| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-201912-0003_consumption-of-food-in-relation-to-income-and-saturation-limit-of-slovak-households.php |
| _version_ | 1797899968468484096 |
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| author | Ľubica Kubicová Zdenka Kádeková Natália Turčeková Peter Bielik |
| author_facet | Ľubica Kubicová Zdenka Kádeková Natália Turčeková Peter Bielik |
| author_sort | Ľubica Kubicová |
| collection | DOAJ |
| description | Food represents everyday need and from this point of view is stable and computable demand on the consumer market. Based on the current development of households' net money income and consumption expenditures, the aim of the paper is to point at the development of food consumption and changes in the cost of living of the population in Slovakia. Previous food consumption analyses proved that eating habits of the Slovak population comply neither with healthy lifestyle nor recommended doses, due to the low level of disposable net money income. In the analysis, linear and nonlinear functions were used in order to evaluate the development and saturation of demand for basic foods in Slovakia in the period 2008-2017. During these years, the share of expenditures on food and non-alcoholic beverages did not significantly change the consumption expenditures; they moved in intervals from 19.2% (2017) to 23.1% (2013), which is still a high share in comparison with EU countries (12.2%). The analysis provided in the paper is a suitable base for food businesses to create a product portfolio based on different net money income and saturation demand for basic foods. |
| first_indexed | 2024-04-10T08:38:30Z |
| format | Article |
| id | doaj.art-adcec692b94a49ebb5ec47f1fe16d105 |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:38:30Z |
| publishDate | 2019-12-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-adcec692b94a49ebb5ec47f1fe16d1052023-02-23T03:25:20ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952019-12-01651256056810.17221/94/2019-AGRICECONage-201912-0003Consumption of food in relation to income and saturation limit of Slovak householdsĽubica Kubicová0Zdenka Kádeková1Natália Turčeková2Peter Bielik3Department of Marketing and Trade, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, Nitra, SlovakiaDepartment of Marketing and Trade, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, Nitra, SlovakiaDepartment of Economics, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, Nitra, SlovakiaDepartment of Economics, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, Nitra, SlovakiaFood represents everyday need and from this point of view is stable and computable demand on the consumer market. Based on the current development of households' net money income and consumption expenditures, the aim of the paper is to point at the development of food consumption and changes in the cost of living of the population in Slovakia. Previous food consumption analyses proved that eating habits of the Slovak population comply neither with healthy lifestyle nor recommended doses, due to the low level of disposable net money income. In the analysis, linear and nonlinear functions were used in order to evaluate the development and saturation of demand for basic foods in Slovakia in the period 2008-2017. During these years, the share of expenditures on food and non-alcoholic beverages did not significantly change the consumption expenditures; they moved in intervals from 19.2% (2017) to 23.1% (2013), which is still a high share in comparison with EU countries (12.2%). The analysis provided in the paper is a suitable base for food businesses to create a product portfolio based on different net money income and saturation demand for basic foods.https://agricecon.agriculturejournals.cz/artkey/age-201912-0003_consumption-of-food-in-relation-to-income-and-saturation-limit-of-slovak-households.phpexpendituresincome saturation of demandstandard of livingtőrnquist's function |
| spellingShingle | Ľubica Kubicová Zdenka Kádeková Natália Turčeková Peter Bielik Consumption of food in relation to income and saturation limit of Slovak households Agricultural Economics (AGRICECON) expenditures income saturation of demand standard of living tőrnquist's function |
| title | Consumption of food in relation to income and saturation limit of Slovak households |
| title_full | Consumption of food in relation to income and saturation limit of Slovak households |
| title_fullStr | Consumption of food in relation to income and saturation limit of Slovak households |
| title_full_unstemmed | Consumption of food in relation to income and saturation limit of Slovak households |
| title_short | Consumption of food in relation to income and saturation limit of Slovak households |
| title_sort | consumption of food in relation to income and saturation limit of slovak households |
| topic | expenditures income saturation of demand standard of living tőrnquist's function |
| url | https://agricecon.agriculturejournals.cz/artkey/age-201912-0003_consumption-of-food-in-relation-to-income-and-saturation-limit-of-slovak-households.php |
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