Agricultural Economics, 2007 (vol. 53), issue 10

On applications of the factor analysis in the agricultural research

V. Brabenec, H. Nešetřilová

Agric. Econ. - Czech, 2007, 53(10):441-447 | DOI: 10.17221/925-AGRICECON  

The authors give a brief overview of the outcomes of an application of the factor analysis and present results of two applications within the agricultural research. The first application is a study in which relations among 16 variables characterising production of fish in nearly 200 high production (mainly carp) fish ponds in the Czech Republic were explored using the factor analysis method. In the second case, outcome of a household questionaire survey was analysed using factor analysis to shed light upon the relations among household annual income and expenditures. The paper was supported by the research project Informational and knowledge support...

Competitiveness of the Finnish Agriculture after ten years in the EU

K. Tomšík, E. Rosochatecká

Agric. Econ. - Czech, 2007, 53(10):448-454 | DOI: 10.17221/924-AGRICECON  

Finnish agriculture changed radically with the EU joining in 1995. The commitment of the Common Agricultural Policy (CAP) led to unprecedented changes in economic environment - in agriculture as in processing industry. Finland lost the possibility to regulate the original price level of agricultural products supported by the national border protection and export subsidies. Prices guaranteed by the EU are much lower today than before the EU-membership. Recently, Finland has evaluated ten years being an EU member. Despite its competitive disadvantage, given mostly by unfavourable production conditions, Finnish agriculture has not lost within the competitive...

Comparative analysis of less-favoured areas payments in the EU states

M. Štolbová

Agric. Econ. - Czech, 2007, 53(10):455-465 | DOI: 10.17221/1220-AGRICECON  

The core objectives for rural development support for the period 2007-2013 are: (1) improving the competitiveness of agriculture and forestry, (2) improving the environment and the countryside, and (3) improving the quality of life in rural areas and encouraging the diversification of economic activity. The Council Regulation (EC) No. 1698/2005 includes an unambiguous targeting of smaller and micro-enterprises to sustain job opportunity in rural areas. For this scheduled period, a minimum funding of 10% of the total EU contribution has been withheld by the Council Regulation for the measures connected with the quality of life and diversification of...

Valuation of tangible fixed assets pursuant to the Czech accounting law and international accounting standards

P. Svoboda

Agric. Econ. - Czech, 2007, 53(10):466-474 | DOI: 10.17221/927-AGRICECON  

The valuation of assets is a relatively challenging activity as well as a scientific discipline having an impact on the amount of the reported assets and economic result process. The report deals with the issue of valuation of the tangible fixed assets in the accounting entities compiling the financial statements pursuant to the Czech national legislation and in conformity with the requirements of the International Accounting Standards IAS/IFRS and US GAAP. The substantial differences in the definitions and valuation of the tangible fixed assets in these systems have been determined, indicating the impact on the economy of the accounting entity, both...

Human capital, screening theory and education in agriculture

A. Soukup

Agric. Econ. - Czech, 2007, 53(10):475-478 | DOI: 10.17221/928-AGRICECON  

Human capital theory views education as a specific production factor and as a specific sort of capital. Besides this theory, alternative concepts of education were developed. Filter theory which is interested in the selective function of education and created a different point of view of economic analysis phenomena in education. Screening theory is similar and is interested in information of labor market attendants and their deciding. Signal equilibrium states are better or worse according to Pareto's efficiency and according to the higher or lower difference between private and common educational returns.

Comparative analysis of small and medium-sized enterprises in the Czech Republic

R. Zuzák, E. Jirkovská

Agric. Econ. - Czech, 2007, 53(10):479-482 | DOI: 10.17221/1218-AGRICECON  

The contribution presents the findings of the third phase of an extensive survey, the main goal of which was the identification of factors stimulating or restricting the establishment of small and medium-sized enterprises. It comprises the outcomes of the comparative analysis aimed at the comparison of groups of small and medium-sized enterprises and the model enterprise according to areas influencing founders' entrepreneurial activities.

Expectations theory and wheat price dynamics

D. Shiyan, Y. Babochkina

Agric. Econ. - Czech, 2007, 53(10):483-489 | DOI: 10.17221/926-AGRICECON  

The analysis of prices on wheat in Germany from the point of view of the theory of expectations is given. For this purpose, the authors propose their own method of data processing which is called the method of sliding expectations. Different variants of its application were tested for the prognosis of the future meanings of the dynamic line. The conclusion is made as to the proposed methodology that permits to increase the prognosis authenticity. The treatment of the primary data of dynamic lines by sliding expectations allows to make their character closer to the stationary ones and to use it in the future analysis.