BUSINESS INFORM №11-2016

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Section: Economic and Mathematical Modeling
UDC 330.43:338.439
Piskunova O. V., Osypova O. I.
The Convergence of Profitable Groups of Households by the Consumption of Food Products as a Condition for Strengthening the Food Security (p. 116 - 123)
The article analyzes the economic affordability of foods for various profitable segments of the population, and studies the dynamics of differentiation of consumption of the basic food products in the households with different monetary income. In order to analyze the economic affordability of foods to the households of different profitable groups as one of the key indicators of food security, coefficients of elasticity of volumes of food consumption have been calculated by the revenues and costs. For studying the dynamics of differentiation of the food consumption in households with different cash income, indicators of both the ?- and the ?-convergence have been calculated. According to the results of the calculations has been found that for the period from 2000 to 2015, for all groups of the basic food items, the phenomenon of convergence can be observed, i.e. reducing the differentiation of their consumption volumes over time in the households with different monetary income, which has a positive impact on enhancing the food security in the country.
Keywords: food security, economic affordability of foods, regression analysis, coefficient of elasticity, ?- and ?-convergence
Fig.: 1. Tabl.: 5. Formulae: 5. Bibl.: 12.

Piskunova Olena V. – Doctor of Sciences (Economics), Professor, Professor, Department of Economic and Mathematical Modeling, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: [email protected]
Osypova Olha I. – Candidate of Sciences (Economics), Senior Lecturer, Department of Economic and Mathematical Modeling, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Piskunova, Olena V., and Osypova, Olha I. (2016) “The Convergence of Profitable Groups of Households by the Consumption of Food Products as a Condition for Strengthening the Food Security.” Business Inform 11:116–123.

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