Agricultural Economics, 2022 (vol. 68), issue 11

Scheduling vegetable sales to supermarkets in Europe: The tomato caseOriginal Paper

Juan Carlos Pérez-Mesa, Francisco Javier Pérez-Mesa, Juan José Tapia-León, Diego Luis Valera

Agric. Econ. - Czech, 2022, 68(11):403-412 | DOI: 10.17221/196/2022-AGRICECON  

This article analyzes the temporal programming of sales for a horticultural marketing company, e.g. a cooperative. The empirical study references the European tomato market, where most of the production is sold through the retail channel dominated by large distribution chains. We study the marketing schedule for an individual company, or even a prominent farmer, using a modified Markowitz model, assuming that his decisions do not affect the balance of market prices. As a result, this model can manage risk and improve decision-making. The data also provide information on the risk borne by marketers depending on their sales calendar, which often depends...

Financial efficiency analysis of Hungarian agriculture, fisheries and forestry sectorOriginal Paper

Veronika Fenyves, Tibor Tarnóczi, Zoltán Bács, Dóra Kerezsi, Péter Bajnai, Mihály Szoboszlai

Agric. Econ. - Czech, 2022, 68(11):413-426 | DOI: 10.17221/125/2022-AGRICECON  

In this study, we examine the efficiency of companies in Hungary's agriculture, fisheries and forestry sector. We analysed corporate efficiency by using stochastic frontier analysis (SFA). We used two methods to perform the SFA calculations - the Cobb-Douglas and translog functions. The result variable for the SFA calculation was gross value added (GVA), and the explanatory variables were tangibles, material costs, employee costs and other costs. The original database contained cross-sectional and time series data and was transformed into a panel database. We used the maximum log-likelihood method for parameter estimation. We performed the efficiency...

Estimating the effect of a land parcel index using hedonic price analysisOriginal Paper

Burcu Aksu, Suleyman Karaman

Agric. Econ. - Czech, 2022, 68(11):427-433 | DOI: 10.17221/72/2022-AGRICECON  

The purpose of this study was to statistically test the effect of a parcel index - consisting of a combination of a soil index, a fertility index and a location index - intended to be used as a price-determining indicator for the sale of agricultural land at farmland markets. In the hedonic price model, the coefficients of the variables representing parcel index, population, gross return and parcel irrigation investment status were positive and statistically significant at a significance level of 0.01. There was a negative relationship between parcel size and sale price, which implied that the selling price per decare tends to decrease as the parcel...

Game analysis on the quality and safety control of pork supply chain - The case study of ChinaCase Study

Li Zhu, Weiyong Yu, Jinxiu Yang

Agric. Econ. - Czech, 2022, 68(11):434-443 | DOI: 10.17221/135/2022-AGRICECON  

Using the method of static game analysis, the potential risk and responsibility across the entire pork supply chain are discussed from the perspective of all stakeholders involved. Included in the analysis are pig suppliers, slaughterers, pork processors, pork sellers and consumers. The results indicate the following: firstly, the lower the probability of inspections on downstream businesses and the higher the single inspection fee, the greater the probability of harmful substances used by upstream businesses and the higher the costs. Secondly, businesses that actively manufacture and transfer harmful substances in the supply chain cannot add extra...