Publication Details:
Journal or Publication Title:
Bulletin of Armenian National Agrarian University
Date of publication:
Volume:
ISSN:
Official URL:
Title:
Empirical Analysis of Assessing the Factors Affecting Grape Supply in Armenia
Creator:
Asatryan, A. S. ; Sahakyan, A. A. ; Grigoryan, A. V.
Corporate Creators:
Հայաստանի ազգային ագրարային համալսարան
Contributor(s):
Գլխավոր խմբագիր՝ Հ. Ս. Ծպնեցյան
Subject:
Agricultural Economics and Agribusiness
Uncontrolled Keywords:
theory of supply ; grape supply ; econometric analysis ; empirical supply model
Coverage:
Abstract:
Grape is one of the strategic commodities for Armenia as it plays an important role in economy.Wine and brandy production volumes display increasing tendencies and it is of high interest what factors influence grape supply and which is the main input for those industries. To achieve this goal an empirical model of grape supply was developed. The analysis revealed that lagged log of average real price of grape, lagged log of average planted area of grape and technology positively affect log of average quantity of the grape supplied in Armenia. The highest positive influence on the regressand had lagged log of average planted area of grapes, as betta coefficient associated with it had the highest value.
Place of publishing:
Երևան