Eva Kostikov

Department of Finance, University of Finance and Administration

Czech republic 

evacipovova@gmail.com

Performance and stability of the sectors in the food industry of Czech Republic

David Mareš

Department of Finance, University of Finance and Administration

Czech republic 

mares.dav@volny.cz

Radka Procházková

Department of Statistics, Czech University of Life Sciences Prague

Czech republic 

prochazkova@pef.czu.cz

Abstract. This article deals with performance, stability and predictions for the individual sectors of the food industry in Czech Republic basing on the statistical data for the years 2005–2015. The goal of the article is to provide reasons for individual changes, i.e., to determine the key factors which have  influence on the performance and stability of individual sectors, to point to the stability of individual sectors and at the same time to predict their performance in the future. The conclusion has been reached that bakery, confectionary and other flour-based products and Other food products are the best performing areas in the given branch and that Meat and meat products,. Fish, crustaceans and molluscs, Dairy products, Other food products and Industrial feeds will increase their performance in the future, while other areas in the branch which have been subjected to statistical analysis are expected to experience a fall in performance

Received: March, 2019

1st Revision: May, 2019

Accepted: September, 2019

DOI: 10.14254/2071-8330.2019/12-3/13

JEL Classification: Q17, Q18, C5, D40

Keywords: accounting value added, Czech Republic, prediction, time series