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The Current View on Redistribution of Subsidies in the Agricultural Sector in Slovakia

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  • Kravčáková Vozárová Ivana

    (PhD.; University of Presov, Faculty of Management, Department of Economic Sciences and Economy, Konštantínova 16, 080 01 Prešov, Slovakia)

Abstract

The essential way of realization of the Common Agricultural Policy in EU is through the financial support. One of the basic ways of financial support are subsidies. The huge segment affecting the agricultural sector is necessary to define, describe or classify so that we can might it to best analyse and understand. The aim of this paper is to evaluate the development of agricultural subsidies granted per hectare of agricultural land in Slovakia in terms of territory. The difference between the individual regions was evaluated using one-way analysis of variance. This analysis confirmed the existence of statistically significant differences between the amounts of subsidies per hectare of agricultural land provided to agricultural entities in terms of individual regions. This fact shows that firms in regions with worse natural and climatic conditions achieved a higher amount of financial support than companies in regions where agricultural production has better conditions and a long-term tradition.

Suggested Citation

  • Kravčáková Vozárová Ivana, 2016. "The Current View on Redistribution of Subsidies in the Agricultural Sector in Slovakia," Studia Commercialia Bratislavensia, Sciendo, vol. 9(36), pages 440-446, December.
  • Handle: RePEc:vrs:stcomb:v:9:y:2016:i:36:p:440-446:n:4
    DOI: 10.1515/stcb-2016-0043
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