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The article gives an updated review on how the PWYW mechanism is conceptually defined and how it has been empirically analysed so far. The objective is to get an in-depth understanding of the state of research from the point of view of marketing, especially regarding how empirical verification of PWYW is conducted. In doing so, several insights on how to further research this phenomenon from the point of view of marketing are given.
The causality Granger test was used to assess the causal links between the prices of milk in selected European Union countries. The Granger test is based on the vector autoregression models - VAR. The conducted research allowed to identify causal relationships between the prices of milk in the following countries: Poland, Germany, France, the Czech Republic, Slovakia.
The paper presents the problem of the financial access to medications and possibilities to improve the situation. One of the possibilities is the legal practice of parallel import. The problem of differences in medication prices is vital, for they are substantial between various countries. The paper points out that efforts to enable patients to take efficacious medicine, regardless of the place of residence, are necessary.
The development of the capital market made access to information about joint-stock companies on the market universal and free of expenses. Depending on the capital market's extent of effectiveness these information are variously reflected in share prices of joint-stock companies. This article aims to examine whether the announcement of publicly available information – quarterly earnings announcements of joint stock companies including their level – affects share prices of joint-stock companies on the Warsaw Stock Exchange. This article is also to study whether an investor using that fact has an ability to achieve above-average rates of return.
Sector competitiveness does not constitute a simple sum of factors identified on different levels of economic analysis. It turns out that competitiveness is determined by both measurable and non-measurable factors. A growing influence of behavioural factors inclines to undertake aggregate research attempts of a qualitative nature. The authors of this paper have made an effort to confront the price and non-price factors of competitiveness based on a specific sector of economy, i.e. the round wood market in Poland.
This paper presents research findings on investigating the factors affecting market value of agricultural land in Hungary by empirical data collection and applying regression analysis.
The article presents data for the prices of good, medium and low land from 1999 to 2012. In addition to the price of land, direct subsidies are also considered. Direct subsidies have been taken into account in accordance with the award period 2004-2012. The data used in this analysis come from the Central Statistical Office (CSO) and from the Agency for Restructuring and Modernization of Agriculture (ARMA). The aim of this study was to compare the diversity of spatial concentration of agricultural land prices in the years 1999-2012, taking the quality of land and direct subsidies into account. In order to obtain spatial concentration of agricultural land prices, the spatial Gini coefficient was calculated. For sake of comparison, the study was also based on the classical Gini coefficient.
In the paper is modeled demand for dairy products based on the consumer price of milk product and disposable cash incomes available to households of employees, households of self-employed persons and pensioners by regression and correlation analysis and marketing research. In examining the consumption of dairy products was quantified elasticity of demand, own price elasticity, indirect (cross) elasticity of demand, substitution relationships, complementarity and association.
In most European real estate markets, in the last decade, rapid changes in property prices, both upward and downward, were observed. Those fluctuations can be attributed to changes in economic and social factors that affect the property market. The aim of this study was to determine how housing prices are changing under the influence of macroeconomic factors. A multiple regression model was developed for a quantitative analysis of correlations between control variables and the market state variable. The model was modified by accounting for lag values determined for each variable. The results of the study suggest that during periods of instability, the real estate market is a driver of social and economic changes.
The paper shows the problems of the price policy of horticultural seed companies operating on the Polish market in the trade seasons from 1999/2000 to 2004/2005. It characterizes different strategies of seed companies, the way of calculating seed price by them and a role of the price in fighting down competition. It shows how a seed bag size affected the elements of final seed price, margin and earning level.
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