The Models of Analysis of Regional Potato Market

• Main Authors: Pilko Andriy D., Vatseba Mariia R.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2019-09-01
• Series: Bìznes Inform
• Subjects: production potential; consumer potential; model; analysis; potato marke
• Online Access: https://www.business-inform.net/export_pdf/business-inform-2019-9_0-pages-130_135.pdf

The publication presents the results of a research on the existing practice of analyzing the regional potato market in terms of production and consumer potentials. By examining existing approaches to the analysis of the regional potato market, as well as the use of economic analysis techniques together with an applied econometric instrumentarium, it has become possible to offer the authors’ own approach to the solution of the task of analysis of both the production and the consumer potentials of the regional potato market on the example of the regions of Western Ukraine. Building-up and econometric analyzing of the models of dependence of potato production and consumption on key factors in each of the regions of Western Ukraine allowed to track the cause-and-effect relationships between the main parameters of the researched food market in the context of ensuring the region’s food security. The calculated projections of the use of the resource capabilities of the regional potato market and the consumption of this type of food give every reason to conclude about the expected slight increase in use of the production potential against the backdrop of declining use of the consumer potential. This is explained due to a decline in real consumer capacity against the background of the growth of the production self-cost of potatoes in all categories of farms. Practical use of the developed approach in the process of analyzing and calculating projected efficiency values for the use of the production and the consumer potentials of the regional potato market (with appropriate model calculations and taking into account the possible lag effects because of changing economic conditions) will potentially allow a qualitatively new approach to the formation of mechanisms for ensuring, analyzing and monitoring the food security of Ukraine’s regions.