Agric. Econ. - Czech, 2004, 50(11):514-523 | DOI: 10.17221/5242-AGRICECON
Competitiveness in the production of selected crops from the perspective of variable costs
- Research Institute of Agricultural and Foodstuffs Economics, Bratislava, Slovak Republic
This article deals with the issue of Slovakia's competitiveness vis-ŕ-vis the Czech Republic, Poland, Hungary, Germany, Austria and France in terms of basic variable costs invested into seeds (planting stocks), fertilisers and chemical protective in the period from 2001 to 2003. In addition to these costs, the article also compares total revenues, profit, effect of inputs into production and the variable costs profit margin. This comparative analysis uses data published for 2002. While the data for years 2001 and 2003 for Slovakia and the Czech Republic are actual, those for other countries have been simulated. The basic variable costs per tonne of the produced crop (average figure for 2001 and 2003) in Slovakia are lower, i.e. it is competitive in the production of cereals, sunflower and sugar beet vis-ŕ-vis the observed EU-15 countries, barley, sunflower and sugar beet vis-ŕ-vis the Czech Republic, wheat and barley vis-ŕ-vis Poland and barley vis-ŕ-vis Hungary.
Keywords: competitiveness, total revenue, basic variable costs, profit margin, gross margin
Published: November 30, 2004 Show citation
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