FORECASTING MODEL OF THE COMMODITY MARKETS DEVELOPMENT IN THE CONDITIONS OF CHANGING STATE POLICY

PII
S042473880000616-6-1
DOI
10.31857/S0000616-6-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume 52 / Issue 1
Pages
95-111
Abstract
The forecasting model of development of the commodity market is presented, allowing, in a scenario mode to change value of the import duty and investments into production, and thus to achieve in the long term optimum states for indicators of demand, supply and the price in the domestic market. In model the effects of import duty and investments on key parameters of the commodity market are considered. Some practical possibilities of the model are shown on the example of the meat market (beef, pork and poultry meat markets). Optimization problems are solved by calculating the value of import duty and the investment required: to double domestic production of beef, for maximum ratio between the volume of domestic pork production and imports, to assess the value of investments, allowing to keep production at the same level while reducing the import duty on poultry to 20%.
Keywords
commodity market, import duty, investments, development forecast
Date of publication
01.01.2016
Number of purchasers
1
Views
810

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