Limitation of trade margins as a measure of food price controls: Experience of Serbia

The aim of this study is to examine the influence of trade margins limitations to the prices of basic food products and general price level in the Republic of Serbia. Assessing the effects of the Regulation on the margins limitations from 2012, this paper considers the purpose of applying this instr...

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Main Authors: Radukić Snežana, Marković Milan
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2015-01-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2015/0352-34621501193R.pdf
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author Radukić Snežana
Marković Milan
author_facet Radukić Snežana
Marković Milan
author_sort Radukić Snežana
collection DOAJ
description The aim of this study is to examine the influence of trade margins limitations to the prices of basic food products and general price level in the Republic of Serbia. Assessing the effects of the Regulation on the margins limitations from 2012, this paper considers the purpose of applying this instrument of indirect price control. In practice, prescribing a maximum trade margins can have positive effects on the food market stability only in the short term. It is therefore necessary a broader consideration of the factors of pricing on the food market and food inflation regulation by economic policy measures. A particular problem is the low degree of competition in the trade sector, which significantly affects the prices of the final products. Food price movements are very unstable, while their share in the consumer price index in the Republic of Serbia is significantly. It is logical to conclude that food prices have a dominant influence on inflation, so that the government actions in this area are justified.
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publishDate 2015-01-01
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spelling doaj.art-fe7c8e0347d94621a1ab58018436c6c22022-12-21T21:47:26ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532015-01-0162119320510.5937/ekoPolj1501193R0352-34621501193RLimitation of trade margins as a measure of food price controls: Experience of SerbiaRadukić Snežana0Marković Milan1Univeristy of Niš, Faculty of Economy, Niš, SerbiaMinistarstvo prosvete, nauke i tehnološkog razvoja Republike Srbije + Univerzitet u Nišu, Ekonomski fakultetThe aim of this study is to examine the influence of trade margins limitations to the prices of basic food products and general price level in the Republic of Serbia. Assessing the effects of the Regulation on the margins limitations from 2012, this paper considers the purpose of applying this instrument of indirect price control. In practice, prescribing a maximum trade margins can have positive effects on the food market stability only in the short term. It is therefore necessary a broader consideration of the factors of pricing on the food market and food inflation regulation by economic policy measures. A particular problem is the low degree of competition in the trade sector, which significantly affects the prices of the final products. Food price movements are very unstable, while their share in the consumer price index in the Republic of Serbia is significantly. It is logical to conclude that food prices have a dominant influence on inflation, so that the government actions in this area are justified.http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2015/0352-34621501193R.pdflimitation of trade marginscontrol of food pricesinflationtrade sectorcompetition
spellingShingle Radukić Snežana
Marković Milan
Limitation of trade margins as a measure of food price controls: Experience of Serbia
Ekonomika Poljoprivrede (1979)
limitation of trade margins
control of food prices
inflation
trade sector
competition
title Limitation of trade margins as a measure of food price controls: Experience of Serbia
title_full Limitation of trade margins as a measure of food price controls: Experience of Serbia
title_fullStr Limitation of trade margins as a measure of food price controls: Experience of Serbia
title_full_unstemmed Limitation of trade margins as a measure of food price controls: Experience of Serbia
title_short Limitation of trade margins as a measure of food price controls: Experience of Serbia
title_sort limitation of trade margins as a measure of food price controls experience of serbia
topic limitation of trade margins
control of food prices
inflation
trade sector
competition
url http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2015/0352-34621501193R.pdf
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AT markovicmilan limitationoftrademarginsasameasureoffoodpricecontrolsexperienceofserbia