Analysis and modeling of factor determinants of food provision at consumer market of Ukraine

The present study investigates the socio-economic nature of the issue of food provision in the consumer market of Ukraine. It is entity content and main macroeconomic functions oriented at production, sales, and consumption of food, undertaken by the state to maintain the ongoing process of social r...

Full description

Saved in:
Bibliographic Details
Main Authors: O. Panukhnyk, N. Popadynets, Y. Fedotova
Format: Article
Language:English
Published: GJESM Publisher 2019-08-01
Series:Global Journal of Environmental Science and Management
Subjects:
Online Access:https://www.gjesm.net/article_35557_edfac78921ad8555ecfc71b7e5f9c931.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832574241879359488
author O. Panukhnyk
N. Popadynets
Y. Fedotova
author_facet O. Panukhnyk
N. Popadynets
Y. Fedotova
author_sort O. Panukhnyk
collection DOAJ
description The present study investigates the socio-economic nature of the issue of food provision in the consumer market of Ukraine. It is entity content and main macroeconomic functions oriented at production, sales, and consumption of food, undertaken by the state to maintain the ongoing process of social reproduction and security guaranteeing in the country. It is hypothesized that the change in income of the population, Consumer Price Index, total expenditures of households on food and agricultural production per capita have the largest influence on food provision of the consumer market in the country. Based on the system approach the authors suggest their understanding of the factor determinants grouped by certain features, which influence the condition of food provision of the consumer market in the country. Application of factor grouping method contributed to the identification of parameters that show the links of economic factors and the condition of food provision. Correlation-regression analysis allowed revealing and assessing the dependence of the level of main food products’ consumption in the country on the major groups of factor determinants. The assessment of standardized regression coefficients contributed to determining the input of each suggested factor in the condition of food provision of the consumer market. The strong interrelation between socio-economic factors and the volumes of consumption of main food groups by the Ukrainian population, in particular, vegetable and animal products, is found. The results of the conducted analysis confirm that the condition of food provision at consumer market depends on how efficient the mechanisms of macro- and microeconomic regulation of trade and food policy of Ukraine are.
format Article
id doaj-art-9b0ba0cf6a5c47e6a349007f7ea0f811
institution Kabale University
issn 2383-3572
2383-3866
language English
publishDate 2019-08-01
publisher GJESM Publisher
record_format Article
series Global Journal of Environmental Science and Management
spelling doaj-art-9b0ba0cf6a5c47e6a349007f7ea0f8112025-02-02T00:19:45ZengGJESM PublisherGlobal Journal of Environmental Science and Management2383-35722383-38662019-08-015Special Issue21522610.22034/gjesm.2019.05.SI.2435557Analysis and modeling of factor determinants of food provision at consumer market of UkraineO. Panukhnyk0N. Popadynets1Y. Fedotova2Department of Economics and Finance, Ternopil Ivan Puluj National Technical University, Ternopil, UkraineDepartment of Regional Economic Policy, M. I. Dolishniy Institute of Regional Research of NAS of Ukraine, Lviv, UkraineDepartment of Financial Support of Troops, Military Institute of Taras Shevchenko National University of Kyiv, Kyiv, UkraineThe present study investigates the socio-economic nature of the issue of food provision in the consumer market of Ukraine. It is entity content and main macroeconomic functions oriented at production, sales, and consumption of food, undertaken by the state to maintain the ongoing process of social reproduction and security guaranteeing in the country. It is hypothesized that the change in income of the population, Consumer Price Index, total expenditures of households on food and agricultural production per capita have the largest influence on food provision of the consumer market in the country. Based on the system approach the authors suggest their understanding of the factor determinants grouped by certain features, which influence the condition of food provision of the consumer market in the country. Application of factor grouping method contributed to the identification of parameters that show the links of economic factors and the condition of food provision. Correlation-regression analysis allowed revealing and assessing the dependence of the level of main food products’ consumption in the country on the major groups of factor determinants. The assessment of standardized regression coefficients contributed to determining the input of each suggested factor in the condition of food provision of the consumer market. The strong interrelation between socio-economic factors and the volumes of consumption of main food groups by the Ukrainian population, in particular, vegetable and animal products, is found. The results of the conducted analysis confirm that the condition of food provision at consumer market depends on how efficient the mechanisms of macro- and microeconomic regulation of trade and food policy of Ukraine are.https://www.gjesm.net/article_35557_edfac78921ad8555ecfc71b7e5f9c931.pdfAnimal husbandryConsumer marketcrop productionFood commoditiesFood provision
spellingShingle O. Panukhnyk
N. Popadynets
Y. Fedotova
Analysis and modeling of factor determinants of food provision at consumer market of Ukraine
Global Journal of Environmental Science and Management
Animal husbandry
Consumer market
crop production
Food commodities
Food provision
title Analysis and modeling of factor determinants of food provision at consumer market of Ukraine
title_full Analysis and modeling of factor determinants of food provision at consumer market of Ukraine
title_fullStr Analysis and modeling of factor determinants of food provision at consumer market of Ukraine
title_full_unstemmed Analysis and modeling of factor determinants of food provision at consumer market of Ukraine
title_short Analysis and modeling of factor determinants of food provision at consumer market of Ukraine
title_sort analysis and modeling of factor determinants of food provision at consumer market of ukraine
topic Animal husbandry
Consumer market
crop production
Food commodities
Food provision
url https://www.gjesm.net/article_35557_edfac78921ad8555ecfc71b7e5f9c931.pdf
work_keys_str_mv AT opanukhnyk analysisandmodelingoffactordeterminantsoffoodprovisionatconsumermarketofukraine
AT npopadynets analysisandmodelingoffactordeterminantsoffoodprovisionatconsumermarketofukraine
AT yfedotova analysisandmodelingoffactordeterminantsoffoodprovisionatconsumermarketofukraine