Agricultural Economics, 2008 (vol. 54), issue 1
Selected problems of value added tax application in the agricultural sector of the European Union internal market
P. David, D. Nerudová
Agric. Econ. - Czech, 2008, 54(1):1-11 | DOI: 10.17221/2723-AGRICECON 
Tax harmonization in the European Union has the greatest development in the field of value added taxation, but differences still can be found. Those differences influence not only the farming business. The paper is aimed on five European Union member states - Czech Republic, Poland, Romania, Slovak Republic and Hungary. Based on the European Union regulations in the field of value added tax and the practical experience during its application, it is possible to identify the critical areas and to contribute to its correction and to provide the value added tax neutrality and efficiency on the European Union territory.
Operational risk in current assets investment decisions: Portfolio management approach in accounts receivable
G. Michalski
Agric. Econ. - Czech, 2008, 54(1):12-19 | DOI: 10.17221/254-AGRICECON
The basic financial purpose of an enterprise is maximization of its value. Trade credit management should also contribute to the realization of this fundamental aim. Many of the current asset management models that are found in the financial management literature assume book profit maximization as the basic financial purpose. These book profit-based models could be lacking in what relates to another aim (i.e., maximization of the enterprise value). The enterprise value maximization strategy is executed with a focus on risk and uncertainty. This article presents the consequences that can result from operating risk that is related to purchasers using...
The impact of fixed assets on Polish agricultural production
J. Zwolak
Agric. Econ. - Czech, 2008, 54(1):20-25 | DOI: 10.17221/2722-AGRICECON
The power function was used to show the dependence of gross, final and sold output on the gross value of total fixed assets and on the ratios of this value to the productivity of these three production categories. Further elaboration included the characteristics of variable features. The system of independent variables employed in the study allowed for the estimation of both extensive and intensive utilisation of fixed assets in Polish agriculture from 2002-2005. The study showed the diminishing impact of the productivity of fixed assets and the decreasing productive efficiency of Polish agriculture from 2002-2005. This situation was caused by the...
Internal environment of an agricultural farm
D. Kudová
Agric. Econ. - Czech, 2008, 54(1):26-31 | DOI: 10.17221/253-AGRICECON
Zemspol, Dešná, Ltd is a large corporation engaged in various aspects of agriculture in the Czech Republic, including agricultural production, the assembly, maintenance and repair of agricultural machinery, the production of feed stuffs and feed mixtures,special agricultural services demanding special entitlement, business related matters and accounting. This paper focuses on agricultural production. The farm manages 2 100 hectares of agricultural land suitable for growing potatoes, although the largest area is used for growing wheat. The range of produce remains constant. Regarding livestock, the corporation specializes in cattle with the steady head...
Cooperation tendencies and alternative milk marketing channels of dairy producers in Turkey: A case of Menemen
M.M. Artukoglu, A. Olgun
Agric. Econ. - Czech, 2008, 54(1):32-37 | DOI: 10.17221/252-AGRICECON
The aims of this study are to determine the cooperation of milk producers and to analyze the milk marketing structure in Menemen-Izmir, West Turkey. According to the results of this study, 70% of the producers are the shareholders of the cooperatives, 49.2% of the producers are members of the National Chamber of Agriculture. In this study, 47.20% of total milk production in the farms is marketing to street sellers, 36.11% is marketing to small scale milk processing plants, 10.1% is marketing directly to consumer and 6.6% is marketing to dairy factories. Also, feed prices in the market are 5% higher than the prices of cooperatives. The main problems...
Competition among agriculture and other sectors for water and land use: A case study of agricultural activity in the southern regions of Spain
A. Melián-Navarro, A. Ruiz-Canales
Agric. Econ. - Czech, 2008, 54(1):38-41 | DOI: 10.17221/255-AGRICECON
The southern area of the province of Alicante (Spain) embraces the regions Vega Baja del Segura (The Low Valley of The Segura River) and Bajo Vinalopó (Low Vinalopó) in the Valencian Community. Although both regions have a growing residential, touristy and industrial potential, agriculture is still an important activity here. In this study, a characterization of agricultural land distribution in the southern regions of Alicante is carried out, regarding the main crops where the most important current problems are irrigation water shortage and low harvest prices. Incomes received by farmers according to the level of harvest...