IDEAS home Printed from https://ideas.repec.org/a/ags/aolpei/166523.html
   My bibliography  Save this article

Key Factors Affecting the Profitability of Farms in the Czech Republic

Author

Listed:
  • Lososova, J.
  • Zdenek, R.

Abstract

The paper deals with assessment of the economic situation of Czech farms and its development in a long time- line. The analysis is based on our own database of farms in a sample of farms classified by LFA, production type and size. An increase of production is mainly caused by an increase in crop production revenues, animal and non-agricultural production revenues are decreasing. An increase of labour productivity is an important tendency in the period influenced mainly by decreasing the number of workers. Due to the high dependency of profit or loss in agriculture on environmental conditions, the development of indicators is characterized by significant fluctuations. The dependence of profit on subsidies is greatest in the mountain LFA. Enterprises focused on crop production are the least dependent on subsidies, but their profit is the most affected by other external economic conditions, particularly by climatic conditions and price developments.

Suggested Citation

  • Lososova, J. & Zdenek, R., 2014. "Key Factors Affecting the Profitability of Farms in the Czech Republic," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(01), pages 1-16, March.
    • Handle: RePEc:ags:aolpei:166523
    DOI: 10.22004/ag.econ.166523
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/166523/files/agris_on-line_2014_1_lososova_zdenek.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.166523?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gorton, Matthew & Davidova, Sophia, 2004. "Farm productivity and efficiency in the CEE applicant countries: a synthesis of results," Agricultural Economics, Blackwell, vol. 30(1), pages 1-16, January.
    2. Petrick, Martin & Zier, Patrick, 2012. "Common Agricultural Policy effects on dynamic labour use in agriculture," Food Policy, Elsevier, vol. 37(6), pages 671-678.
    3. Latruffe, Laure & Dupuy, Aurélia & Desjeux, Yann, 2012. "What would farmers’ strategies be in a no-CAP situation? An illustration from France," Working Papers 207987, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
    4. Rae, Allan N. & Nixon, Chris & Lattimore, Ralph G., 2003. "Adjustment to Agricultural Policy Reform - Issues and Lessons from the New Zealand Experience," Policy Reform and Adjustment Workshop, October 23-25, 2003, Imperial College London, Wye Campus 15741, International Agricultural Policy Reform and Adjustment Project (IAPRAP).
    5. Duvernoy, I., 2000. "Use of a land cover model to identify farm types in the Misiones agrarian frontier (Argentina)," Agricultural Systems, Elsevier, vol. 64(3), pages 137-149, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Demirdogen, Alper & Olhan, Emine, 2018. "The Timing Impact of Agricultural Support Policies on Farmers’ Stated Intentions in Turkey," 162nd Seminar, April 26-27, 2018, Budapest, Hungary 271960, European Association of Agricultural Economists.
    2. Daniel Solís & Boris E. Bravo‐Ureta & Ricardo E. Quiroga, 2009. "Technical Efficiency among Peasant Farmers Participating in Natural Resource Management Programmes in Central America," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(1), pages 202-219, February.
    3. Zuniga Gonzalez, Carlos Alberto, 2009. "Technical efficiency of organic fertilizer in small farms of Nicaragua: 1998-2005," MPRA Paper 49352, University Library of Munich, Germany, revised 24 Sep 2010.
    4. Fogarasi, Jozsef & Latruffe, Laure, 2009. "Farm performance and support in Central and Western Europe: a comparison of Hungary and France," 83rd Annual Conference, March 30 - April 1, 2009, Dublin, Ireland 51053, Agricultural Economics Society.
    5. repec:rri:wpaper:200803 is not listed on IDEAS
    6. Bojnec, Stefan & Latruffe, Laure, 2007. "Farm Size and Efficiency: The Case of Slovenia," 100th Seminar, June 21-23, 2007, Novi Sad, Serbia and Montenegro 162391, European Association of Agricultural Economists.
    7. Veronika Fenyves & Tibor Tarnóczi & Zoltán Bács & Dóra Kerezsi & Péter Bajnai & Mihály Szoboszlai, 2022. "Financial efficiency analysis of Hungarian agriculture, fisheries and forestry sector," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(11), pages 413-426.
    8. Gersch Inka, 2018. "Producer organizations and contract farming: a comparative study of smallholders’ market strategies in South India," ZFW – Advances in Economic Geography, De Gruyter, vol. 62(1), pages 14-29, March.
    9. Chen, H., 2018. "Can Crop Insurance Market Benefit Land Rental Market by Mitigating the Inverse-Relationship Concern," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277003, International Association of Agricultural Economists.
    10. Pavel Ciaian & d’Artis Kancs, 2012. "The Capitalization of Area Payments into Farmland Rents: Micro Evidence from the New EU Member States," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 60(4), pages 517-540, December.
    11. Fogarasi, Jozsef & Latruffe, Laure, 2007. "Technical efficiency and technology in Eastern and Western agriculture: A comparison of crop and dairy farms in Hungary and France," 104th Seminar, September 5-8, 2007, Budapest, Hungary 7810, European Association of Agricultural Economists.
    12. Gergő Gyalog & Judit Oláh & Emese Békefi & Mónika Lukácsik & József Popp, 2017. "Constraining Factors in Hungarian Carp Farming: An Econometric Perspective," Sustainability, MDPI, vol. 9(11), pages 1-13, November.
    13. Gaete, Michael & Herrera, Rodrigo, 2023. "Diversification benefits of commodities in portfolio allocation: A dynamic factor copula approach," Journal of Commodity Markets, Elsevier, vol. 32(C).
    14. Manevska-Tasevska, Gordana & Hansson, Helena & Asmild, Mette & Surry, Yves, 2018. "Assessing the regional efficiency of Swedish agriculture under the CAP ‒ a multidirectional efficiency approach," 162nd Seminar, April 26-27, 2018, Budapest, Hungary 271971, European Association of Agricultural Economists.
    15. Tamara RUDINSKAYA, 2017. "Heterogeneity and efficiency of food processing companies in the Czech Republic," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 63(9), pages 411-420.
    16. Johan F.M. Swinnen, 2009. "Reforms, globalization, and endogenous agricultural structures," Agricultural Economics, International Association of Agricultural Economists, vol. 40(s1), pages 719-732, November.
    17. Beatrice Conradie & Jenifer Piesse & Colin Thirtle & Nick Vink, 2018. "Labour Demand in the Post‐apartheid South African Wine Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 69(3), pages 815-832, September.
    18. Gönül Sevinç & Mustafa Hakkı Aydoğdu & Mehmet Cançelik & Mehmet Reşit Sevinç, 2019. "Farmers’ Attitudes toward Public Support Policy for Sustainable Agriculture in GAP-?anl?urfa, Turkey," Sustainability, MDPI, vol. 11(23), pages 1-14, November.
    19. Dragan Milić & Tihomir Novaković & Dragana Tekić & Bojan Matkovski & Danilo Đokić & Stanislav Zekić, 2023. "Economic Sustainability of the Milk and Dairy Supply Chain: Evidence from Serbia," Sustainability, MDPI, vol. 15(21), pages 1-21, October.
    20. Brendan Lynch & Rick S. Llewellyn & Wendy J. Umberger & Marit E. Kragt, 2018. "Farmer interest in joint venture structures in the Australian broadacre grains sector," Agribusiness, John Wiley & Sons, Ltd., vol. 34(2), pages 472-491, March.
    21. Artiom Volkov & Tomas Balezentis & Mangirdas Morkunas & Dalia Streimikiene, 2019. "Who Benefits from CAP? The Way the Direct Payments System Impacts Socioeconomic Sustainability of Small Farms," Sustainability, MDPI, vol. 11(7), pages 1-17, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aolpei:166523. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fevszcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.