Government or Invisible Hand? : who is in Charge of Retail Food Prices? Evidence from the Baltics

• Autorzy: Mangirdas Morkūnas , Artiom Volkov , Aistė Galnaitytė
• Języki publikacji: EN

Abstrakty

EN

The article is aimed at revealing the factors, which influence the retail food prices the most. Not only the main 10 factors influencing retail food prices have been distinguished, but also governments' capacities to influence food prices have been researched. It has been found that although government can directly influence three (retailer's concentration level, purchasing power of consumers, state support for growing particular food products) and can partially influence two (production costs and tax burden) of the ten most important factors, influencing retail food prices, its influence on retail prices is quite considerable, as the free market principles are still prevailing in food prices. Therefore, governments' intentions to make food more affordable to its citizens have only limited potential for success. (original abstract)

Słowa kluczowe

EN

Food prices; Food; Retail prices

PL

Ceny żywności; Żywność; Ceny detaliczne

• Czasopismo: Journal of International Studies
• Rocznik: 2019
• Tom: 12
• Numer: nr 3
• Strony: 147--157

Twórcy

autor

Mangirdas Morkūnas

• Lithuanian Institute of Agrarian Economics, Vilnius, Lithuania

autor

Artiom Volkov

• Lithuanian Institute of Agrarian Economics, Vilnius, Lithuania

autor

Aistė Galnaitytė

• Lithuanian Institute of Agrarian Economics, Vilnius, Lithuania

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Identyfikatory

DOI

10.14254/2071-8330.2019/12-3/12