Despite the significant annual consumption of honey in Saudi Arabia, information gaps remain with regard to the marketing and market structure of honey along the value chain. This study analyzed the major factors that...Despite the significant annual consumption of honey in Saudi Arabia, information gaps remain with regard to the marketing and market structure of honey along the value chain. This study analyzed the major factors that influenced the consumption, expenditure patterns, and demand of honey in Saudi Arabia. This study forecasted the near-future expected market demands for honey in Saudi Arabia by collecting and analyzing the primary data using questionnaires. A total of 331 respondents from representative regions and large cities were randomly selected and interviewed. The data were analyzed using qualitative and quantitative methods as well as appropriate econometric models. Respondents characterized honey quality using organoleptic words, and these characterizations varied based on the relative significance of perception parameters. Taste, aroma, physical state, and color had aggregated average scores of 4.58, 4.44, 3.54, and 3.28, respectively. In addition to the above parameters, honey source, brand name, and confidence in the producers influenced its perceived quality. The major outlets for honey in Saudi Arabia included producers, specialized honey stores, and auction markets in major cities during the harvesting seasons. Medication, food, and sweetening were the major motivations for buying honey in the Saudi market, with aggregate scores of 4.52, 3.71, and 1.52, respectively. Significant honey price variations were observed within and among different honeys and packaging volumes;this finding might be due to factors such as botanical and geographical origins, package volume size economics (i.e., bulk purchases), honey variety blending, brand names, and producer policies. The average price of locally produced honey was approximately $73 per kg, which is 10 times more than the average price of honey in the US and the EU. The estimated consumption/income elasticity was 0.27. These results suggest that honey is a basic commodity in Saudi Arabia. Based on econometric model forecasts, the Saudi market demand for honey is expected to reach approximately 29,784 tons in 2025.展开更多
Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system ...Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,展开更多
The link between crude oil price and stock returns of the Group of Seven(G7)countries(Canada,France,Germany,Italy,Japan,the United Kingdom,and the United States)was analyzed in this study using monthly data from Janua...The link between crude oil price and stock returns of the Group of Seven(G7)countries(Canada,France,Germany,Italy,Japan,the United Kingdom,and the United States)was analyzed in this study using monthly data from January 1999 to March 2020.We adopt a similar approach to Kilian(Am Econ Rev 99(3):1053–1069,2009)and construct a structural vector autoregression framework to decompose crude oil price shocks into oil supply shock,oil aggregate demand shock,and oil-specific demand shock.We then explore the distinct effects of different kinds of oil price shocks from various sources.Based on the decomposed oil price shocks,we apply the connectedness approach and QQ regression to find time-varying co-movements and tail dependence between oil price shocks and G7 stock returns.There is no general correlation between the decomposed oil prices and stock returns in these countries.The effects of oil price shocks on stock returns across different stock market conditions appear to be heterogeneous.Oil supply shock appears to be a net transmitter of spillover effects for all G7 countries within the sample period.展开更多
Global demand for the Airlaid Textile Market is expected to reach a market valuation of US$0.5 Billion by the end of the year 2023,accelerating at a CAGR of 5.5%over the forecast period(2023 to 2033).Airlaid Textiles ...Global demand for the Airlaid Textile Market is expected to reach a market valuation of US$0.5 Billion by the end of the year 2023,accelerating at a CAGR of 5.5%over the forecast period(2023 to 2033).Airlaid Textiles are a class of organic compounds that contain a ketone functional group within a cyclic structure.They have a wide range of applications in various industries,including pharmaceuticals,flavors and fragrances,and polymer production.展开更多
This paper analyzes the demands of national tourism in China. They are respectively the upraise of national tourism, the rapid increase of tourist scale, the strength with the leadership of government, the combination...This paper analyzes the demands of national tourism in China. They are respectively the upraise of national tourism, the rapid increase of tourist scale, the strength with the leadership of government, the combination of marketing, the variety of behavior, regional consumption and the relationship with economic income as well as the guide of leisure time.展开更多
With the constant increase and updating of market demand,the development of farmhouse in rural tourism is in urgent need of innovation and breakthrough,and the transformation of farmhouse development model becomes the...With the constant increase and updating of market demand,the development of farmhouse in rural tourism is in urgent need of innovation and breakthrough,and the transformation of farmhouse development model becomes the primary task to solve the development problem of the farmhouse. Based on the occupation and age structure,the farmhouse tourists are divided into five types,and three applicable development models are proposed after analyzing the market demand of different types of tourists,in order to provide a reference for the development of farmhouse.展开更多
The article presents the development unemployment and interest rates against the average of important economic variables such as GDP dynamics, transaction prices in one of the local property markets in Poland in the y...The article presents the development unemployment and interest rates against the average of important economic variables such as GDP dynamics, transaction prices in one of the local property markets in Poland in the years 2000-2002. The strength, direction and time delay of the relationships between these variables and transaction prices have been considered during the only period of decline in property prices in the years 2000-2002. The specified relationships have been described using linear regression equations.展开更多
Electricity Market Act№2019-VIII passed in 2017 by the Verkhovna Rada of Ukraine enacts in July 2019 and causes the transition of this segment of the economy to the free market principles.The implementation of this A...Electricity Market Act№2019-VIII passed in 2017 by the Verkhovna Rada of Ukraine enacts in July 2019 and causes the transition of this segment of the economy to the free market principles.The implementation of this Act is perceived ambiguous.Many experts criticize this Act,which have numerous risks,especially pricing risks.In order to better understand the implications of the enactment of the adopted Act,a study was carried out on the methodology of the pricing mechanism in the retail segment of the electricity market based on the Demand Side Management(DSM)approach.In the study,one of the varieties of DSM models was used–a dynamic demand-supply model for describing the pricing mechanism and short-term forecast of retail prices.Test and comparative analysis were conducted.The last one based on possibilities of short-term forecasting of prices of DSM model with the well-known Holt-Winters method.For testing were set historical data on electricity prices in England and Wales,during the transition period from a model similar to the current model of the Ukrainian electricity market.展开更多
In the 1980s, China’s auto market saw three dramatic fluctuations. Since the beginning of the 1990s, the market, as a whole, has become calm and stable without any major changes, though it has never evaded occasional...In the 1980s, China’s auto market saw three dramatic fluctuations. Since the beginning of the 1990s, the market, as a whole, has become calm and stable without any major changes, though it has never evaded occasional rises and fails. The pattern of demand on the market has been generally set and clear, and has begun to grow steadily. In view of the present situation, two major categories of vehicles—office-use and business or service use cars and trucks—have long been in demand on the market, almost dominat-展开更多
This paper analyzes the power markets both in northwest sending end and, east receiving ends, points out the favorable and unfavorable conditions for power development In, the northwest area, brings forward,the develo...This paper analyzes the power markets both in northwest sending end and, east receiving ends, points out the favorable and unfavorable conditions for power development In, the northwest area, brings forward,the development planning of power sources and power network constructions, and presents the benefit estimation of sending power from northwest to east.展开更多
The population factors have an important influence on the housing market. Based on forecasting the change of population quantity, family size, age composition, and population migration, this paper estimates and analyz...The population factors have an important influence on the housing market. Based on forecasting the change of population quantity, family size, age composition, and population migration, this paper estimates and analyzes the future demand for residence in China and its purpose is to provide a guide for the residential construction by the supply-demand rule.展开更多
China is the world's largest cotton producer and consumer and its domestic cotton demand and supply have a great influence on the world market. This paper firstly gives a discussion on Chinese cotton market, especial...China is the world's largest cotton producer and consumer and its domestic cotton demand and supply have a great influence on the world market. This paper firstly gives a discussion on Chinese cotton market, especially from a viewpoint of history to study domestic market price fluctuation. The cotton market history from E R. China's setting up to present has been divided into four stages and characterized as different agricultural policies applications and economic periodicities. Concluding from the history, artificial influences may be the most important reason of market inequilibrium, up to now, market and artificial interruption, are also the key problem. Then it takes domestic cotton demand as a study object, trying to find what will be a statistic significant cotton demand in national level and it's underneath demand frame. Through a seres of analysis on the demand frame, problems have been clearly displayed, an open microeconomic circulation supports our study and six variables had been described by statistics. Therefore, we can analyze the cases of real cotton demand that includes supply and demand reactions in China with experience and estimations. Otherwise, international cotton market is greatly interacted with Chinese domestic market more and more today. Some necessary analysis, such as international cotton supply and demand, Chinese cotton stock policy and world price long run tendency, are very important factors for Chinese cotton development. Those may concern Chinese access to WTO, cotton trade quota and tariff, welfare comparison, etc., all have been discussed in the paper.展开更多
Research question includes affect of monetary policy on product's demand. Monetary policy may increase demands in markets for firm's products. Assumption of study is that markets need money for demand. It is figured...Research question includes affect of monetary policy on product's demand. Monetary policy may increase demands in markets for firm's products. Assumption of study is that markets need money for demand. It is figured as market theory. Research topic explores theory of market and world money concept. It aims to use world money in market theory. This study adopts case exploration of Keynes, Friedman, and Fisher. This study is based on their figures. This study defends that world money is applied in global economy by quantity of global GDP. It is 60 trillion dollars, and 10% of that amount may become world money. Result of this study is that world money concept is applied through Fisher's quantity theory in world economy. Major conclusion is that markets need money to increase demand, aligned with market theory, and world money supplies money for markets.展开更多
Consumers and developers are the market transaction subjects which drive the development of building energy efficiency market. High energy prices, unreasonable heating system, information asymmetry of building energy ...Consumers and developers are the market transaction subjects which drive the development of building energy efficiency market. High energy prices, unreasonable heating system, information asymmetry of building energy suppress demand of energy efficiency construction; high technical risk and construction cost, nonstandard market restrict the supply of energy efficiency construction. To promote the development of building energy efficiency, we must set up effective incentive policies for both sides of the market transaction, improve the supervisory system, promote the technological progress, build the information sharing platform, so as to achieve the purpose of cultivating and improving the building energy efficiency market system, regulating the behavior of supply and demand subject, building the mutually beneficial and cooperative partnership, and realizing the balance of interests.展开更多
The paper studies the historical development of costing systems. The changes of costing systems are proposed to be caused by the changes in product market, production technology and demand for control. The result of t...The paper studies the historical development of costing systems. The changes of costing systems are proposed to be caused by the changes in product market, production technology and demand for control. The result of this research provides historical evidence to support the proposition.展开更多
The purpose of this study was to review the results of a 20-year study in the author’s interpretation of the needs for food products and the value system that determines the market behavior of consumers in the food m...The purpose of this study was to review the results of a 20-year study in the author’s interpretation of the needs for food products and the value system that determines the market behavior of consumers in the food markets.The scientific novelty of the research is the following results:a)The author’s interpretation of the needs for food products,as consisting of three components:(1)The actual need for food(physiological need);(2)the need for emotions obtained from eating(psychological need);and(3)the need for market products that can meet the physiological needs of emotional expectations and social needs(socio-psychological and economic need);b)Interdisciplinary approach to the study of consumer behavior that led to the author’s interpretation of the value of the research methods outlined in the works of J.N.Sheth et al.,extended and supplemented in the study of Galina V.Astratova(1998);c)Identification of the fact that the importance of components in the system of values,according to the results of research,is different for different food products.This allows simulating more clearly the behavior of the consumer in the development of a marketing-mix and developing a marketing strategy based on targeting.展开更多
The main objective of electricity regulators when establishing electricity markets is to decrease the cost of electricity through competition. However, this scenario cannot be achieved without a full participation of ...The main objective of electricity regulators when establishing electricity markets is to decrease the cost of electricity through competition. However, this scenario cannot be achieved without a full participation of the electricity demand by reacting against electricity prices. The aim of this research is to develop tools for helping customers and aggregators to join price and demand response programs, while helping them to hedge against the risk of short-term price volatility. In this way, the capacity of and hybrid methodology (Self-Organizing Maps and Statistical Ward's Linkage) to classify high electricity market prices is analysed. Besides, with the help of Non-Parametric Estimation, some price-patterns were found in the abovementioned clusters. The contained knowledge within these patterns supplies customer market-based information on which to base its energy use decisions. The interest for this participation of customers in markets is growing in developed countries to obtain a higher elasticity in demand. Results show the capability of this approach to improve data management and select coherent policies to accomplish cleared demand offers amongst different price scenarios in a more flexible way.展开更多
文摘Despite the significant annual consumption of honey in Saudi Arabia, information gaps remain with regard to the marketing and market structure of honey along the value chain. This study analyzed the major factors that influenced the consumption, expenditure patterns, and demand of honey in Saudi Arabia. This study forecasted the near-future expected market demands for honey in Saudi Arabia by collecting and analyzing the primary data using questionnaires. A total of 331 respondents from representative regions and large cities were randomly selected and interviewed. The data were analyzed using qualitative and quantitative methods as well as appropriate econometric models. Respondents characterized honey quality using organoleptic words, and these characterizations varied based on the relative significance of perception parameters. Taste, aroma, physical state, and color had aggregated average scores of 4.58, 4.44, 3.54, and 3.28, respectively. In addition to the above parameters, honey source, brand name, and confidence in the producers influenced its perceived quality. The major outlets for honey in Saudi Arabia included producers, specialized honey stores, and auction markets in major cities during the harvesting seasons. Medication, food, and sweetening were the major motivations for buying honey in the Saudi market, with aggregate scores of 4.52, 3.71, and 1.52, respectively. Significant honey price variations were observed within and among different honeys and packaging volumes;this finding might be due to factors such as botanical and geographical origins, package volume size economics (i.e., bulk purchases), honey variety blending, brand names, and producer policies. The average price of locally produced honey was approximately $73 per kg, which is 10 times more than the average price of honey in the US and the EU. The estimated consumption/income elasticity was 0.27. These results suggest that honey is a basic commodity in Saudi Arabia. Based on econometric model forecasts, the Saudi market demand for honey is expected to reach approximately 29,784 tons in 2025.
文摘Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,
基金This work is supported by the National Natural Science Foundation of PRC(71971098).
文摘The link between crude oil price and stock returns of the Group of Seven(G7)countries(Canada,France,Germany,Italy,Japan,the United Kingdom,and the United States)was analyzed in this study using monthly data from January 1999 to March 2020.We adopt a similar approach to Kilian(Am Econ Rev 99(3):1053–1069,2009)and construct a structural vector autoregression framework to decompose crude oil price shocks into oil supply shock,oil aggregate demand shock,and oil-specific demand shock.We then explore the distinct effects of different kinds of oil price shocks from various sources.Based on the decomposed oil price shocks,we apply the connectedness approach and QQ regression to find time-varying co-movements and tail dependence between oil price shocks and G7 stock returns.There is no general correlation between the decomposed oil prices and stock returns in these countries.The effects of oil price shocks on stock returns across different stock market conditions appear to be heterogeneous.Oil supply shock appears to be a net transmitter of spillover effects for all G7 countries within the sample period.
文摘Global demand for the Airlaid Textile Market is expected to reach a market valuation of US$0.5 Billion by the end of the year 2023,accelerating at a CAGR of 5.5%over the forecast period(2023 to 2033).Airlaid Textiles are a class of organic compounds that contain a ketone functional group within a cyclic structure.They have a wide range of applications in various industries,including pharmaceuticals,flavors and fragrances,and polymer production.
基金Under the auspices of the National Natural Science Foundation of China (No.49771031)
文摘This paper analyzes the demands of national tourism in China. They are respectively the upraise of national tourism, the rapid increase of tourist scale, the strength with the leadership of government, the combination of marketing, the variety of behavior, regional consumption and the relationship with economic income as well as the guide of leisure time.
基金Supported by the Sixth Term College Students’Innovation and Entrepreneurship Training Program of University of Science and Technology Liaoning in2016(DC2016178)Science and Research Fund for Young Teachers in University of Science and Technology Liaoning in 2014(2014QN23)Anshan Philosophy and Social Science Research Project in 2016(as20163015)
文摘With the constant increase and updating of market demand,the development of farmhouse in rural tourism is in urgent need of innovation and breakthrough,and the transformation of farmhouse development model becomes the primary task to solve the development problem of the farmhouse. Based on the occupation and age structure,the farmhouse tourists are divided into five types,and three applicable development models are proposed after analyzing the market demand of different types of tourists,in order to provide a reference for the development of farmhouse.
文摘The article presents the development unemployment and interest rates against the average of important economic variables such as GDP dynamics, transaction prices in one of the local property markets in Poland in the years 2000-2002. The strength, direction and time delay of the relationships between these variables and transaction prices have been considered during the only period of decline in property prices in the years 2000-2002. The specified relationships have been described using linear regression equations.
文摘Electricity Market Act№2019-VIII passed in 2017 by the Verkhovna Rada of Ukraine enacts in July 2019 and causes the transition of this segment of the economy to the free market principles.The implementation of this Act is perceived ambiguous.Many experts criticize this Act,which have numerous risks,especially pricing risks.In order to better understand the implications of the enactment of the adopted Act,a study was carried out on the methodology of the pricing mechanism in the retail segment of the electricity market based on the Demand Side Management(DSM)approach.In the study,one of the varieties of DSM models was used–a dynamic demand-supply model for describing the pricing mechanism and short-term forecast of retail prices.Test and comparative analysis were conducted.The last one based on possibilities of short-term forecasting of prices of DSM model with the well-known Holt-Winters method.For testing were set historical data on electricity prices in England and Wales,during the transition period from a model similar to the current model of the Ukrainian electricity market.
文摘In the 1980s, China’s auto market saw three dramatic fluctuations. Since the beginning of the 1990s, the market, as a whole, has become calm and stable without any major changes, though it has never evaded occasional rises and fails. The pattern of demand on the market has been generally set and clear, and has begun to grow steadily. In view of the present situation, two major categories of vehicles—office-use and business or service use cars and trucks—have long been in demand on the market, almost dominat-
文摘This paper analyzes the power markets both in northwest sending end and, east receiving ends, points out the favorable and unfavorable conditions for power development In, the northwest area, brings forward,the development planning of power sources and power network constructions, and presents the benefit estimation of sending power from northwest to east.
文摘The population factors have an important influence on the housing market. Based on forecasting the change of population quantity, family size, age composition, and population migration, this paper estimates and analyzes the future demand for residence in China and its purpose is to provide a guide for the residential construction by the supply-demand rule.
文摘China is the world's largest cotton producer and consumer and its domestic cotton demand and supply have a great influence on the world market. This paper firstly gives a discussion on Chinese cotton market, especially from a viewpoint of history to study domestic market price fluctuation. The cotton market history from E R. China's setting up to present has been divided into four stages and characterized as different agricultural policies applications and economic periodicities. Concluding from the history, artificial influences may be the most important reason of market inequilibrium, up to now, market and artificial interruption, are also the key problem. Then it takes domestic cotton demand as a study object, trying to find what will be a statistic significant cotton demand in national level and it's underneath demand frame. Through a seres of analysis on the demand frame, problems have been clearly displayed, an open microeconomic circulation supports our study and six variables had been described by statistics. Therefore, we can analyze the cases of real cotton demand that includes supply and demand reactions in China with experience and estimations. Otherwise, international cotton market is greatly interacted with Chinese domestic market more and more today. Some necessary analysis, such as international cotton supply and demand, Chinese cotton stock policy and world price long run tendency, are very important factors for Chinese cotton development. Those may concern Chinese access to WTO, cotton trade quota and tariff, welfare comparison, etc., all have been discussed in the paper.
文摘Research question includes affect of monetary policy on product's demand. Monetary policy may increase demands in markets for firm's products. Assumption of study is that markets need money for demand. It is figured as market theory. Research topic explores theory of market and world money concept. It aims to use world money in market theory. This study adopts case exploration of Keynes, Friedman, and Fisher. This study is based on their figures. This study defends that world money is applied in global economy by quantity of global GDP. It is 60 trillion dollars, and 10% of that amount may become world money. Result of this study is that world money concept is applied through Fisher's quantity theory in world economy. Major conclusion is that markets need money to increase demand, aligned with market theory, and world money supplies money for markets.
基金supported by Nature Science Foundation of China (Grant No. 71171141)Soft Science Research Project of MOE (Grant No. 2013-R1-14)Social Science Planning Project in Tianjin City (Grant No. TJGLHQ1403)
文摘Consumers and developers are the market transaction subjects which drive the development of building energy efficiency market. High energy prices, unreasonable heating system, information asymmetry of building energy suppress demand of energy efficiency construction; high technical risk and construction cost, nonstandard market restrict the supply of energy efficiency construction. To promote the development of building energy efficiency, we must set up effective incentive policies for both sides of the market transaction, improve the supervisory system, promote the technological progress, build the information sharing platform, so as to achieve the purpose of cultivating and improving the building energy efficiency market system, regulating the behavior of supply and demand subject, building the mutually beneficial and cooperative partnership, and realizing the balance of interests.
文摘The paper studies the historical development of costing systems. The changes of costing systems are proposed to be caused by the changes in product market, production technology and demand for control. The result of this research provides historical evidence to support the proposition.
文摘The purpose of this study was to review the results of a 20-year study in the author’s interpretation of the needs for food products and the value system that determines the market behavior of consumers in the food markets.The scientific novelty of the research is the following results:a)The author’s interpretation of the needs for food products,as consisting of three components:(1)The actual need for food(physiological need);(2)the need for emotions obtained from eating(psychological need);and(3)the need for market products that can meet the physiological needs of emotional expectations and social needs(socio-psychological and economic need);b)Interdisciplinary approach to the study of consumer behavior that led to the author’s interpretation of the value of the research methods outlined in the works of J.N.Sheth et al.,extended and supplemented in the study of Galina V.Astratova(1998);c)Identification of the fact that the importance of components in the system of values,according to the results of research,is different for different food products.This allows simulating more clearly the behavior of the consumer in the development of a marketing-mix and developing a marketing strategy based on targeting.
文摘The main objective of electricity regulators when establishing electricity markets is to decrease the cost of electricity through competition. However, this scenario cannot be achieved without a full participation of the electricity demand by reacting against electricity prices. The aim of this research is to develop tools for helping customers and aggregators to join price and demand response programs, while helping them to hedge against the risk of short-term price volatility. In this way, the capacity of and hybrid methodology (Self-Organizing Maps and Statistical Ward's Linkage) to classify high electricity market prices is analysed. Besides, with the help of Non-Parametric Estimation, some price-patterns were found in the abovementioned clusters. The contained knowledge within these patterns supplies customer market-based information on which to base its energy use decisions. The interest for this participation of customers in markets is growing in developed countries to obtain a higher elasticity in demand. Results show the capability of this approach to improve data management and select coherent policies to accomplish cleared demand offers amongst different price scenarios in a more flexible way.