The Evaluation of Meat Consumption Based on Different Models of the Matrix of Growth

The dynamics and the structure of agricultural activities can be examined on the base of the matrix of growth. In this paper, the consumption of different kinds of meat in Central Serbia, during the period from 2000. to 2011, is analyzed using the matrix of growth and curvilinear trend. First, the growth of consumption of the i-th kind of meat was being observed as linear function, using average indirect rates of growth. Subsequently, the evaluation of meat consumption was performed using econometric linear model and nonlinear system of Cobb-Douglas type. The curvilinear trend is applied for the same goal. The results obtained by these methods were compared with the data of the realized average consumption of the observed types of meat for year 2012. It was concluded that the matrix of growth gives equally good results for forecasting the average consumption of meat like trend method.