INFORMATION TECHNOLOGIES IN THE STUDY OF THE REGIONAL LEVEL OF VEGETABLE OIL CONSUMPTION

DOI 10.32651/2110-68

Issue № 10, 2021, article № 11, pages 68-73

Section: Agrofood market

Language: Russian

Original language title: ИНФОРМАЦИОННЫЕ ТЕХНОЛОГИИ В ИССЛЕДОВАНИИ РЕГИОНАЛЬНОГО УРОВНЯ ПОТРЕБЛЕНИЯ РАСТИТЕЛЬНОГО МАСЛА

Keywords: CONSUMPTION, MODELING, FACTORS, VEGETABLE OIL, REGRESSION

Abstract: The vegetable oil market is one of the most capacious, saturated and highly competitive, the dynamics of which is determined by a high yield of oilseeds and an increase in production capacity by processing enterprises. Vegetable oil is a must-have product, as it is traditionally used by households for cooking. The consumption of food products, including vegetable oil, is determined by a multitude of socio-economic factors obeying the law of supply and demand. The action of the market mechanism manifests itself in complex processes that determine the state of the market, the pace and main proportions of its development. In this regard, in the study, it seems appropriate to identify the determining factors in the consumption of vegetable oil. The basis for predicting the regional level of consumption of vegetable oil is a regression model, which made it possible to determine the significant influence of the average per capita income of the population on the formation of the consumption function. Studies have shown that a change in the proportion of the population with money incomes below the subsistence level by 1% leads to an increase in vegetable oil consumption per capita by 0.81%. An increase in the per capita income of the population by 1% contributes to an increase in the consumption of vegetable oil by 1.37%. Taking into account the dynamics of the average per capita income of the population of the region, on the basis of the correlation-regression model, the level of consumption of vegetable oil was predicted until 2026.

Authors: Nastin Andrei Aleksandrovich