LIMITATION OF TRADE MARGINS AS A MEASURE OF FOOD PRICE CONTROLS: EXPERIENCE OF SERBIA

The aim of this study is to examine the influence of trade margins limitations to the prices of basic food products and general price level in the Republic of Serbia. Assessing the effects of the Regulation on the margins limitations from 2012, this paper considers the purpose of applying this instrument of indirect price control. In practice, prescribing a maximum trade margins can have positive effects on the food market stability only in the short term. It is therefore necessary a broader consideration of the factors of pricing on the food market and food inflation regulation by economic policy measures. A particular problem is the low degree of competition in the trade sector, which significantly affects the prices of the final products. Food price movements are very unstable, while their share in the consumer price index in the Republic of Serbia is significantly. It is logical to conclude that food prices have a dominant influence on inflation, so that the government actions in this area are justified.


Variant title:
OGRANIČENJE TRGOVAČKIH MARŽI KAO MERA KONTROLE CENA HRANE: ISKUSTVO IZ SRBIJE
Editor(s):
Cvijanovic, Drago
Issue Date:
2015-03
Publication Type:
Journal Article
DOI and Other Identifiers:
UDC 338.43:63 CIP 33:63(497.11) ISSN 0352-3462 COBISS.SR-ID 27671 (Other)
PURL Identifier:
http://purl.umn.edu/200521
Published in:
Economics of Agriculture, Volume 62, Number 1
Page range:
193-205
Total Pages:
13
JEL Codes:
E31; E64; Q11; D40
Note:
Review Article
Series Statement:
Economics of Agriculture 1/2015
UDC: 339.166.82:339.15.054.22(497.11)




 Record created 2017-04-01, last modified 2017-08-28

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