Elasticity of Demand for Foods in Bulgaria Cover Image

Еластичност на търсенето на хранителни стоки в България
Elasticity of Demand for Foods in Bulgaria

Author(s): Nikolinka Ignatova
Subject(s): Economy, National Economy, Agriculture, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: foods; coefficient of elasticity; prices; income; sales

Summary/Abstract: The present study examines the elasticity of demand for foods in Bulgaria. The latter includes – vegetables, fruits, sausages, dairy products, alcoholic beverages, non-alcoholic beverages, bread, etc. An assessment of the macro-environmental factors that impact the demand for foods in 2020 – 2021 has been made. Calculated are the price and the income elasticity of the demand for such goods. Quantified is their influence on food sales for the sub-period 2021 – July 2022. The research employs a comparative method of analysis and a historical approach. The information used is from the NSI, the statistical Yearbook and Infostat.

  • Issue Year: 2/2023
  • Issue No: 2
  • Page Range: 91-103
  • Page Count: 13
  • Language: Bulgarian