Agric. Econ. - Czech, 2004, 50(6):235-242 | DOI: 10.17221/5196-AGRICECON

Value added and its generation in agrarian enterprises

M. Grznár, Ą. Szabo
Economic University, Bratislava, Slovak Republic

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.

Keywords: intermediate consumption, added value, natural conditions, production structures

Published: June 30, 2004  Show citation

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Grznár M, Szabo Ą. Value added and its generation in agrarian enterprises. Agric. Econ. - Czech. 2004;50(6):235-242. doi: 10.17221/5196-AGRICECON.
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