Agricultural Economics - Latest articles
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How economic policy uncertainty affect the scale-up of hog breeding in China?
Chunlei Li, Tao Feng, Gangyi Wang, Amètépé Nathanaël Beauclair Anani
Agric. Econ. - Czech, 2025, 71(4):203-217 | DOI: 10.17221/8/2024-AGRICECON 
In recent years, China has promoted large-scale hog farming through various approaches. However, this scale-up process may be affected by economic policy uncertainty. This paper empirically examines the impact of policy uncertainty on hog farming scale-up using provincial panel data from 2016–2022 and a fixed-effects model. Our results indicate that economic policy uncertainty significantly inhibits hog farming scale-up, and this effect remains significant even when we increase the criteria for recognising scale-up, alternative estimation methods include two-stage least squares (2SLS), dynamic panel model and panel Poisson model. Mechanism analysis...
Effect of agricultural socialisation services on green grain production efficiency: Evidence from Jiangsu Province, China
Yue-Dong Zhang, Jing-Jing Li, Yi-Fang Zheng, Jia-Xian Xu
Agric. Econ. - Czech, 2025, 71(4):173-184 | DOI: 10.17221/296/2023-AGRICECON
In this study, we examine the effect of Agricultural Socialisation Services (ASS) on green grain production efficiency in Jiangsu Province, China, by using data from the China Land Economy Survey. We used the generalised random forests model in this research to address potential issues of farming household self-selection into ASS and unobserved heterogeneity in treatment effects. The results show that participation in ASS significantly improves green production efficiency, particularly for small-scale farmers. Efficiency gains are most pronounced in critical agronomic operations such as pest control, seeding and planting, whereas smaller efficiency...
Determinants of pollutant emissions in the Spanish agri-food sector: The role of international trade
Yolanda Sorroche-del-Rey, Laura Piedra-Muñoz, Emilio Galdeano-Gómez, Eva M. García-Granero
Agric. Econ. - Czech, 2025, 71(3):130-141 | DOI: 10.17221/353/2024-AGRICECON
This study aims to analyse the key company-level variables influencing pollutant emissions in the Spanish agri-food sector and investigate the bidirectional relationship between international trade and environmental performance. Using panel data from 2007–2020, we employ discrete choice models to test causal relationships between business variables and environmental impact. Empirical findings show a negative correlation between internationalisation and polluting emissions from agri-food companies. Additionally, other factors, such as company age and size, also influence this index. These results provide valuable insights for economic decision-makers...
From 'separation' to 'reconstruction': An analytical framework and empirical test for the adjustment of the relationship between agriculture and animal husbandry of farm households
He Xu, Shuai Liu, Qinghai Guo
Agric. Econ. - Czech, 2025, 71(3):142-159 | DOI: 10.17221/291/2024-AGRICECON
The negative benefits derived from the long-term separation of agriculture and animal husbandry in China have hindered the sustainable development of agriculture and the transformation of agricultural modernisation. The relationship between agriculture and animal husbandry is reconstructed from separation to reintegration. Focusing on the micro-agricultural production level, it relies on farmers to moderately adjust the existing family management structure and choose the family management mode combining planting and breeding. Structural and synergistic contradictions exist between agricultural economic development and ecological protection in the main...
A study on the impact of ageing and agricultural infrastructure construction on the agricultural green total factor productivity
Meng Meicui, Mu Shaoyan, Cao Yanqiao
Agric. Econ. - Czech, 2025, 71(3):113-129 | DOI: 10.17221/273/2024-AGRICECON
In an era marked by an ageing agricultural workforce and intensifying environmental pressures, agricultural infrastructure plays a crucial role in enhancing green productivity. This study investigates the impact of agricultural infrastructure construction and population ageing on agricultural green total factor productivity (agricultural GTFP), utilising provincial panel data from 2004 to 2022 in China. Our findings reveal that the agricultural infrastructure construction significantly boosts agricultural GTFP and significantly mitigates the negative effects of ageing on agricultural green production at the 0.01 level. Notably, different types...
The overall spatial spillover effects of local agricultural policy: A study on China's corn stockpiling policy based on Adaptive Expectation Theory and Spatial Durbin Model
Yue Liu, Haoran Yang
Agric. Econ. - Czech, 2025, 71(3):160-172 | DOI: 10.17221/9/2024-AGRICECON
In 2007, the Chinese government introduced a temporary corn storage policy targeting four regions: Heilongjiang, Jilin, Liaoning and Inner Mongolia. This policy aimed at stabilising grain markets and ensured farmers' income by providing price support for corn. Its implementation significantly impacted corn prices and the regional distribution of corn cultivation, offering a valuable case for analysing the economic outcomes of China's agricultural policies. This study adopts the adaptive expectations hypothesis to explore the policy's effects, focusing on its influence on farmers' price expectations (mean) and price volatility (variance). Using a Spatial...
Supply chain management practices of SMEs in developing countries: Bibliometric and systematic reviews
Megawati Citra Alam, Budi Setiawan, Hery Toiba, Silvana Maulidah, Moh Shadiqur Rahman
Agric. Econ. - Czech, 2025, 71(2):99-112 | DOI: 10.17221/290/2024-AGRICECON
This study explores the ways in which small and medium enterprises (SMEs) have successfully implemented global supply chain management procedures that make the necessary adjustments to the realities of the specific problem, such as resource constraints, regulatory complexity, and supplier issues. It demonstrates how developing cooperation with partners grows the sustainability of the institutions. Another point highlights that government support and advancements in IT are enabling SMEs to streamline business processes and expand into new markets. Moreover, recommendations are supplied to the policymakers and practitioners, thereby instigating...
Does farm ownership structure matter? Distribution of CAP subsidies between primary and final beneficiaries in Slovakia
Jan Pokrivcak, Marian Toth, Pavel Ciaian, Mario Juliny
Agric. Econ. - Czech, 2025, 71(2):71-85 | DOI: 10.17221/186/2024-AGRICECON
This paper analyses the distribution of CAP subsidies between primary beneficiaries (farms) and final beneficiaries (farm owners) in Slovakia in 2021, using unique micro-level data. The results show a significant inequality in the distribution of CAP subsidies between primary and final beneficiaries in Slovakia. The majority of CAP payments (92% for primary beneficiaries and 89% for final beneficiaries) are concentrated among the top 20% of beneficiaries, with a higher concentration among primary beneficiaries than final beneficiaries. However, there is a reversal at the top stratum of beneficiaries. The top 1% of primary beneficiaries receive 26.2%...
Improving the public's willingness to purchase near-expired food to reduce food waste: The case of milk products in China
Shujun Cheng, Xuanhao Shi, Yanjun Ren, Minjuan Zhao
Agric. Econ. - Czech, 2025, 71(2):86-98 | DOI: 10.17221/166/2024-AGRICECON
The near-expired food (NEF) is a significant opportunity to reduce food waste, while consumers often associate NEF with safety issues, which results in a large amount of safe and healthy food being wasted globally. This research focuses on food date labelling (FDL) and explores how consumers' label cognition impacts their willingness to purchase NEF. Using a random sampling method online, we obtain 2 113 valid samples from China and conduct an information intervention 'quasi-natural experiment' to obtain participants' FDL cognition and willingness to purchase the near-expired milk (NEM) before and after the intervention and evaluate the impact...
Protection of geographical indication products and sustainable agricultural development: The role of public policies
Chunyan Li, Lanqing Ge, Qi Ban, Xiaoting Song
Agric. Econ. - Czech, 2025, 71(2):59-70 | DOI: 10.17221/82/2024-AGRICECON
This research employed co-word clustering analysis to classify 62 geographical indication (GI) protection policies from 2009 to 2023 into three distinct types. Employing Sankey diagrams, we dynamically analysed the evolution of these policy tools. These insights provide valuable experiential guidance for reforming and innovating China’s GI protection system and agricultural sustainable development.
List of reviewers 2024
Editorial Department
Agric. Econ. - Czech, 2025, 71(1):I-III
How does climate shock affect technology adoption in rice production?
Thai Phan Nguyen, Duc Kien Nguyen, Quang Dung Truong
Agric. Econ. - Czech, 2025, 71(1):14-26 | DOI: 10.17221/296/2024-AGRICECON
The objective of the study is to determine the impact of shock from climate change, such as drought and flood, on various technology adoptions in rice production in Vietnam. This study utilised VARHS (The Vietnam Access to Resources Household Survey) panel data from 2012 to 2018 and employed regression analysis following the application of propensity score matching (PSM) to address potential selection bias caused by drought and flood shocks. The findings indicated that households tend to adopt the improved variety of rice and organic fertilisers since households suffer the shock from the drought. Another finding showed that households used more chemical...
The role of primary producers in agricultural waste management: Perceptions and challenges in the transition to a circular economy
Francisco José Castillo-Díaz, Luis Jesus Belmonte-Ureña, Fernando Diánez-Martínez, Francisco Camacho-Ferre
Agric. Econ. - Czech, 2025, 71(1):1-13 | DOI: 10.17221/225/2024-AGRICECON
This study aims to evaluate the perceptions of Spanish primary producers on waste management practices and different regulatory and administrative proposals. In addition, it identifies the socioeconomic and technical factors influencing these perceptions and highlights the types of agricultural residues that present the greatest management challenges for primary producers. To achieve these objectives, a survey was conducted among 396 primary producers throughout Spain. Results revealed two distinct groups of producers: younger, more educated individuals who showed higher awareness of waste management and older, less educated producers who perceived...
Approach to the differentiated motivation of employees in agriculture
Miloš Hitka, Lenka Ližbetinová, Jozef Ďurian, Agota Giedré Raišiené
Agric. Econ. - Czech, 2025, 71(1):46-57 | DOI: 10.17221/118/2024-AGRICECON
The capacity for flexibility, personal development, and intrinsic motivation is a crucial aspect needed by employees in the process of transforming agricultural organisations. This paper aims to determine the typically oriented groups of employees in terms of their motivation and verify whether the identified groups are invariant even under changing conditions over time. The data from 2019–2023 (from 374 respondents employed in agricultural enterprises in south-central Slovakia) were evaluated using descriptive and inferential (K-means cluster) statistics. According to preferences and constancy of attitudes, three clusters of employees called...
Indebtedness of small and medium-sized wineries in Slovakia
Jana Ladvenicová, Dominika Čeryová, Iveta Košovská, Jozef Palkovič, Matej Čereš
Agric. Econ. - Czech, 2025, 71(1):27-45 | DOI: 10.17221/31/2024-AGRICECON
Many companies depend on debt sources; they use them to finance their needs. Bank loans are the main debt sources to which companies have access. However, financing only with this source is associated with many risks. The paper’s main goal is to assess and quantify the indebtedness of wineries in Slovakia for 2013–2021 through individual debt ratios. The influence of financial leverage on return on equity (ROE) was tested. The data were drawn from the Register of Financial Statements. From the point of view of the total debt ratio, wineries show values higher than 65%. The presence of short-term debts, especially short-term liabilities,...
Index of authors volume 70
Editorial Department
Agric. Econ. - Czech, 2024, 70(12):IV-V
Index of contents volume 70
Editorial Department
Agric. Econ. - Czech, 2024, 70(12):I-III
Impact assessment of climate change at farm level: A methodological approach based on integrated biophysical and economic models
Tatiana Bullová, Zuzana Bajusová, Peter Bielik, Erwin Schmid, Rastislav Skalský, Jozef Takáč, Viktória Benďáková, Izabela Adamičková, Natália Turčeková, Ján Jobbágy
Agric. Econ. - Czech, 2024, 70(12):577-590 | DOI: 10.17221/125/2024-AGRICECON
The dominant agricultural sector in Slovakia is crop production, with the majority of arable land dedicated to cultivating cereals (57%), followed by fodder crops (20%) and industrial crops (19%). Slovakia has technical and biophysical potential for expanding biomass production. However, it is crucial to identify optimal production practices, alternative costs, and environmental outputs. Farms become more vulnerable to the worldwide threat posed by climate change. Based on research, farmers can effectively mitigate the adverse effects of climate change by making necessary adjustments to their current farming techniques. Thus, by using an advanced tool...
Market entry strategy and export destination in the Spanish wine industry
Raul Serrano, Juan Ramón Ferrer, Silvia Abella, Vicente Pinilla
Agric. Econ. - Czech, 2024, 70(12):621-632 | DOI: 10.17221/107/2024-AGRICECON
This paper analyses the market entry strategy of the Spanish wineries and their destination markets. For this purpose, channel adjustment was analysed. The novel aspect of this research is the use of exports on a winery level, basing the explanation of their export performance on a combination of internal decisions of the companies, and characteristics of the wine destination markets, in accordance with the purchasing patterns of their consumers. The results revealed the importance of strategic adjustment between winery and market destination, even though the importance of adjustment depends on the level of exports. Thus, channel adjustment is important...
Agrarian change through sustainable agri-tech adoption in a challenging rice farming region: A panel data analysis
Faruque As Sunny, Juping Lan, Mohammad Ariful Islam
Agric. Econ. - Czech, 2024, 70(12):606-620 | DOI: 10.17221/79/2024-AGRICECON
To achieve the coveted objectives of sustainable development, the Bangladesh government has devised a comprehensive strategy to promote the adoption of innovative agricultural practices capable of addressing the critical challenges at the intersection of food, energy, water, and ecosystems (FEWE). This plan prioritises the increased uptake of solar irrigation and recommended fertiliser application (SIRFA) technologies to enhance sustainable food production while effectively managing energy and water resources, and fostering ecological balance. Thus, this study analysed seven years of panel data (2015–2021) to assess the long-term impact of SIRFA...
Agribusiness resilience during the COVID-19 pandemic: The role of credit constraints
Ekin Ayse Özsuca
Agric. Econ. - Czech, 2024, 70(12):591-605 | DOI: 10.17221/56/2024-AGRICECON
This paper investigates the effect of pre-COVID credit constraints and the moderating role of government support on agribusiness resilience following the outbreak of COVID-19. Using a dataset covering 42 countries, we provide empirical evidence on how firm characteristics and credit constraints affect agribusinesses’ likelihood of survival and performance during the pandemic. On the enterprise level, size, foreign ownership and gender of the manager are found to display a statistically significant relationship with closure and sales performance. The findings reveal that pre-existing credit constraints tended to magnify the negative impacts of...
Did the COVID-19 pandemic disturb intra-EU trade in agrifood products? Evidence from a counterfactual forecasting approach
Mariusz Hamulczuk, Karolina Pawlak, Daniel Sumner, Grzegorz Szafrański
Agric. Econ. - Czech, 2024, 70(11):556-564 | DOI: 10.17221/253/2024-AGRICECON
In this study, we attempt to infer the effect of the COVID-19 pandemic on the intra–European Union (EU) agrifood trade from out-of-sample forecasts. We compare the actual level of trade during the COVID-19 period with counterfactual values derived from univariate forecasting models [regARIMA (Linear regression with autoregressive integrated moving average errors) and Holt-Winters methods]. We analyse agrifood imports and exports of specific EU countries and the EU-27 aggregate on the basis of monthly data for the period from January 2010 to February 2022. The findings reveal a significant decrease in trade activity in the first year of the pandemic...
Micro-data efficiency evaluation of agricultural companies: The case of Germany and neighbouring countries
Kevin Nowag, Jitka Janová
Agric. Econ. - Czech, 2024, 70(11):565-576 | DOI: 10.17221/190/2024-AGRICECON
This study uses micro-financial data to examine the efficiency of agricultural enterprises in Germany and its neighbouring countries. The aim of the study is to introduce a model for the agricultural sector and conduct an efficiency analysis using these data, interpreting the results with specific knowledge in the management of an agriculture company. Both technical and allocative efficiencies were determined, and the companies were ranked. Possible correlations between company size, measured by turnover, and the determined efficiency were analysed. At present, there is a lack of studies in the agricultural sector with high aggregated financial data,...
Unravelling risk factors in Turkish wheat in a changing global landscape
Huseyin Tayyar Guldal, Ozdal Koksal, Osman Orkan Ozer, Onur Terzi, Erdogan Gunes, Aysegul Selisik
Agric. Econ. - Czech, 2024, 70(11):527-540 | DOI: 10.17221/173/2024-AGRICECON
This study comprehensively examines multifaceted risk factors influencing wheat production among Turkish farmers, aiming to deepen understanding of how these factors shape farmers’ perceptions and decision-making processes. Utilising Structural Equation Modeling (SEM), we analysed the interplay of climate-related issues (F1), market dynamics (F2), and external events (F3), like COVID-19 and wars, alongside socio-demographic factors such as education, income, and land ownership. Findings revealed that higher education and increased agricultural income reduced price-related risks while expanding wheat cultivation areas heightened risk perceptions....
Credit evaluation and rating system for farmers’ loans in the context of agricultural supply chain financing based on AHP-ELECTRE III
Shangjia Guo, Rong Niu, Yanbo Zhao
Agric. Econ. - Czech, 2024, 70(11):541-555 | DOI: 10.17221/434/2023-AGRICECON
Farmers, often vulnerable within the agricultural supply chain, frequently encounter difficulties accessing and affording loans. This study introduces an innovative credit risk evaluation framework for farmers tailored to the agricultural supply chain. It includes three key aspects: farmers’ credit characteristics, the operational status of the agricultural supply chain, and overall credit conditions. Initially, the analytic hierarchy process (AHP) was used to assign weight coefficients to indicators. Then, the Elimination et Choix Traduisant la Réalité III (ELECTRE III) model was employed to determine farmers’ credit ratings. To demonstrate...
How does urbanisation affect agricultural economic resilience? Evidence from China
Ruihan Wang, Zheng Lu, Chunyu Tang
Agric. Econ. - Czech, 2024, 70(10):513-526 | DOI: 10.17221/207/2024-AGRICECON
As an important path to breaking the urban-rural dual system and promoting agricultural modernisation in China, the process of urbanisation might have a strong influence on promoting agricultural economic resilience (AER). Using panel data from provincial-level administrative regions of China’s mainland, we constructed a novel indicator system to measure AER, and employ the system generalised method of moments model to examine the impact of urbanisation on AER and the moderating roles of land transfer and heterogeneous human capital. Our study yielded three notable findings. First, the urbanisation process can significantly enhance AER. This...
Driving factors of green production behaviour among farmers of different scales: Evidence from North China
Yong Liu, Jixin Yang, Guanghong Zhang, Xufeng Cui
Agric. Econ. - Czech, 2024, 70(10):474-494 | DOI: 10.17221/188/2024-AGRICECON
The agricultural production in China is gradually transitioning from extensive agriculture to green agriculture. In this context, identifying the driving factors and dimensions of farmers’ green production behaviour can contribute to promoting sustainable agricultural development. Existing studies lack investigation into the identification of driving factors and dimensions of green production behaviour among farmers of different scales. This study examined 1 142 farm households from five major grain-producing provinces in the North China Plain in 2019. We employed probit-ISM (interpretive structural modelling) models to analyse the driving factors...
Are there trade-offs between animal welfare and egg-producing farm efficiency?
David Hampel, Markéta Matulová, Martina Lichovníková, Jitka Janová
Agric. Econ. - Czech, 2024, 70(10):465-473 | DOI: 10.17221/93/2024-AGRICECON
Agribusiness is currently faced with the challenge of providing sufficient quality food for a growing population with limited natural resources. Egg production, as an important source of nutrition, is a dynamically developing sector of livestock production on a global scale. Simultaneously, the increasing public and legal considerations of animal welfare affect egg-producing operations. This paper aims to provide insight into missing evidence in the trade-offs between animal welfare and efficiency in egg-producing farms in the Czech Republic and the European Union. Detailed data were gathered on the extent of the enriched cage and indoor cage-free...
Strategic interactions and market equilibrium in China’s agricultural catastrophic insurance
Xiaolan Wang, Xinli Wang, Jundi Liu, Jing Wang
Agric. Econ. - Czech, 2024, 70(10):495-512 | DOI: 10.17221/358/2023-AGRICECON
In China’s agricultural catastrophe insurance market, issues of non-equilibrium are prominent. To understand the causes of non-equilibrium in agricultural catastrophe insurance and to develop prevention strategies, this study employs an Evolutionary Game Model, incorporating disaster and insurance data for three types of cereal crops in Henan Province to analyse the Evolutionarily Stable Strategies in the agricultural catastrophe insurance market. The research also considers government policies and disaster reinsurance as implicit participants in the model. The findings reveal significant differences in the impact of non-equilibrium in the agricultural...
Technical efficiency and farm size in the context of sustainable agriculture
Yang Fan, Wu Guoyong, Noman Riaz, Kamila Radlińska
Agric. Econ. - Czech, 2024, 70(9):446-456 | DOI: 10.17221/158/2024-AGRICECON
This article aims to highlight the importance of climate and environmental challenges for agricultural economics and policy. Empirical research based on the Data Envelopment Analysis (DEA) method determined the average technical efficiency and scale efficiency of farms in the European Union in total and in economic size classes in the period 2004–2020. The results indicate that agriculture is generally characterised by high technical efficiency and scale efficiency. Analysis by economic size classes of farms, defined by the standard sum of their agricultural output, shows that the relationship between the scale of production and technical efficiency...