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Organic Food Production As Potential Income Resource

Author

Listed:
  • Krmpotic, Toma
  • Vukosav, Marija
  • Boskovic, Jelena
  • Simic, Jeremija
  • Ivancevic, Savi

Abstract

This paper researches and demonstrates the profitability of organic food production. The paper examines the following factors of consumer behavior in countries with different levels of development: - the extent of information given the consumer regarding the impact of food on the human - body, - the standards of living, and current consumer tastes, and - habits. The authors are suggesting possibilities for increasing capital for production of organic food by macro and micro redistribution of expanded reproduction costs. In conclusion, this paper will demonstrate the profitability of organic food production. Until the present time, due to a lack of scientific research, the profitable production of organic food has not been developed. However, the latest medical research will alter this situation. The realization of this change will initially begin in developed countries.

Suggested Citation

  • Krmpotic, Toma & Vukosav, Marija & Boskovic, Jelena & Simic, Jeremija & Ivancevic, Savi, 2006. "Organic Food Production As Potential Income Resource," Economics of Agriculture, Institute of Agricultural Economics, vol. 53(2).
    • Handle: RePEc:ags:iepeoa:245776
    DOI: 10.22004/ag.econ.245776
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    Cited by:

    1. Milenkovic, Svetislav & Utvic, Svetlana, 2013. "The Challenges Of Rural Areas In Serbia Promising Tourist Activities," Economics of Agriculture, Institute of Agricultural Economics, vol. 60(01), pages 1-12, March.

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