Agric. Econ. - Czech, 2007, 53(5):201-216 | DOI: 10.17221/1445-AGRICECON

Economic results of Agricultural Enterprises in 2005

F. Střeleček, J. Lososová, R. Zdeněk

University of South Bohemia, České Budějovice, Czech Republic

Using a file of economic indicators of a sample of selected agricultural enterprises, their economic results have been evaluated according to their production and climatic conditions, production orientation and the system of management since 1996. The long-term tendencies of economic results and the influencing factors shall be defined according to this analysis. The authors aim to assess the influence of external conditions on management of agricultural enterprises and how the economic result can be influenced. Next, the authors aim to analyse the influence of the accession of the Czech Republic to the EU. In 2005 the agricultural enterprises suffered a decrease in their profit compared with 2004, followed by a decrease of the profit rate. The decrease in the number of labour force and at the same time the increase of labour productivity shows a long-term tendency. Subsidies in agriculture have also been increasing in the long-term perspective. There was the first significant increase in 2004. Subsidies are one of the most important factors influencing the economics of agricultural enterprises and the dependence of their earnings on subsidies is increasing.

Keywords: production areas, marginal areas, earnings, profit rate, labour productivity

Published: May 31, 2007  Show citation