Agricultural Economics, 2008 (vol. 54), issue 10
Capitalisation of government support in agricultural land prices in the Czech Republic
L. Latruffe, T. Doucha, Ch. Le Mouël, T. Medonos, V. Voltr
Agric. Econ. - Czech, 2008, 54(10):451-460 | DOI: 10.17221/278-AGRICECON 
The recent implementation of the CAP Single Area Payments in the EU New Member States raises the question of whether a quick capitalisation of these payments is expected. Capitalisation of public support to agriculture into land prices indicates that the benefits are partly transferred toward landowners rather than toward producers. This distributional aspect is of particular importance in countries where a large proportion of land is farmed by producers who do not own this land. This study investigates the influence of several types of support on Czech agricultural land prices from private transactions between 1995-2001. The past period direct payments...
Prosperity factors of agricultural companies in the SR in the LFA after the EU integration
Ľ. Szabo, M. Grznár
Agric. Econ. - Czech, 2008, 54(10):461-466 | DOI: 10.17221/277-AGRICECON
The agricultural production in less favoured areas (LFA) should, first of all, fulfil the non-production goals, as is the nature and environment protection and job opportunities generation. These goals could be achieved within the conditions of sustainable agricultural production systems. This paper is aimed on the analysis of how the companies operating in marginal conditions realize commercial principles and targets specified for the LFA conditions. The obtained knowledge indicates that the managers of majority of the companies do not respect the recommendations and persist in the intensive production in spite of the unfavourable conditions.
Complete demand systems of food in Malaysia
T.Y. Sheng, M.N. Shamsudin, Z. Mohamed, A.M. Abdullah, A. Radam
Agric. Econ. - Czech, 2008, 54(10):467-475 | DOI: 10.17221/279-AGRICECON
As a one of the most rapidly developing countries in Asia, there have been notable changes in Malaysian food consumption pattern. Such changes in Malaysia play an important role in the outlook for future in Malaysian agri-food industry. By using Household Expenditure Survey 2004/2005 data, this study aims to build a complete demand system of food in Malaysia via Linear Approximate Almost Ideal Demand System (LA/AIDS), with incorporation of the Stone price index and the Laspeyres price index respectively. The empirical results show that the application of the Laspeyres price index produces more plausible estimates of expenditure and own-price elasticities...
Theoretical-empirical analysis of the role of the SGAFF in financing of farmers' activities
L. Čechura
Agric. Econ. - Czech, 2008, 54(10):476-488 | DOI: 10.17221/274-AGRICECON
The paper deals with the theoretical-empirical analysis of the role of the SGAFF in financing of farmers' activities based on the dynamic optimal model and time series analysis. The dynamic optimization problem is solved by the Lagrange method. The application of the theoretical model shows that the lower is the interest rate paid by the farmer, the lower is the optimal consumption and consequently the farmer is willing to employ a higher part of the capital in the production. Thus, the initial capital is more effectively employed. The empirical part shows that the SGAFF's activities significantly support the farmers' investments. In spite of the problems...
The impact of LFA payments on FADN farms in the Czech Republic
M. Štolbová, T. Hlavsa
Agric. Econ. - Czech, 2008, 54(10):489-497 | DOI: 10.17221/275-AGRICECON
This paper analyses the impact of the LFA payments on farms economic results on the basis of the Farm Accountancy Data Network in the Czech Republic. Firstly, the approaches are compared to the structure of farms based on the LFA type. Secondly, the share of the LFA payments on economic results of farms is evaluated. The evaluation considers the LFA type, share of grassland, size of the eligible area of farms. Basic economic indicators are being monitored, such as Gross Farm Income, Farm Net Value Added, Family Farm Income, current subsidies, of which in particular the LFA payments. The share of the LFA payments in economic results of agricultural...
Application of communication channels by marketing addressing of customers in gastronomy
A. Kretter, M. Mirz, K. Kleinová
Agric. Econ. - Czech, 2008, 54(10):498-503 | DOI: 10.17221/276-AGRICECON
Social and habitual changes of guests and a more difficult competitive situation are forcing the gastronomy industry to change. As one necessary reaction, restaurant operators need to apply a more specific and therefore a more effective communication policy. This research proves that there exist categories of guests, which react strongly positively to a certain mix of information content and information channel. Thus, communication policy is most effective, when such a communication mix is used. The explored factors are dimensions, not types; which means that each guest will show a different rate of interest in each of the defined dimension. The theory...