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Value added and its generation in agrarian enterprises

Author

Listed:
  • M. Grznár

    (Economic University, Bratislava, Slovak Republic)

  • Ľ. Szabo

    (Economic University, Bratislava, Slovak Republic)

Abstract

This article sets out to analyze the value added generation in the Slovak agrarian sector at the time of the accession to the EU compared to which we are severely lagging behind in the overall generation of gross value added. A more detailed analysis of the value added generation over the recent years in a group of agricultural enterprises being legal entities indicates that the enterprise efficiency expressed in terms of value added generation is markedly differentiated depending on the natural conditions of the locations where individual businesses operate. Great differences in the added value between enterprises can also be found in the group of enterprises having the same natural conditions. The reason for this is a differentiation in the degree to which intensification inputs are utilized due to high prices, lack of financial resources, inefficient combination of inputs used and insufficient recognition of the importance of the value added by managers, particularly in planning of production structures and production finalization grade.

Suggested Citation

  • M. Grznár & Ľ. Szabo, 2004. "Value added and its generation in agrarian enterprises," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 50(6), pages 235-242.
    • Handle: RePEc:caa:jnlage:v:50:y:2004:i:6:id:5196-agricecon
    DOI: 10.17221/5196-AGRICECON
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