Agricultural Economics, 2013 (vol. 59), issue 5

Effect of contract farming on the U.S. crop farmers' average returnOriginal Paper

Wu-Yueh HU

Agric. Econ. - Czech, 2013, 59(5):195-201 | DOI: 10.17221/100/2012-AGRICECON  

In the literature of contract farming, most of the studies focus on the functions of risk managements and reducing transaction costs. Only a few study the effect of contract farming on the productivity efficiency or profitability. Literature in the crop sector is especially lacking. In this paper, we use a unique farm-level dataset (Agricultural Resource Management Survey from the U.S. Department of Agriculture) to examine the effect of contract farming on the farmers' average return for the corn, soybean and wheat producers. The matching estimation is used in the nature to compare the farmers' average return with or without participating contract...

Management of wine production with regard to its implementation into the wine markets of the Czech RepublicOriginal Paper

Pavel TOMŠÍK, Jiří SEDLO

Agric. Econ. - Czech, 2013, 59(5):202-210 | DOI: 10.17221/125/2012-AGRICECON  

The Czech Republic is a country, in which the production of wine covers approximately one third of the total demand. The current production potential of the Czech Republic is 19 633.45 hectares of vineyards. Since 1960, the production potential of Czech vineyards has increased approximately three times. This increase equals the optimum production of 90 million litres of wine. Two thirds of the total demand for wine must be covered by imports. This paper analyses the development of the wine market within the period of the campaign years 2004/2005 to 2011/2012 and tries to predict the development in 2012/2013. The authors analyse developmental trends...

Agricultural exports and the growth of agriculture in IndiaOriginal Paper

Ohlan RAMPHUL

Agric. Econ. - Czech, 2013, 59(5):211-218 | DOI: 10.17221/118/2012-AGRICECON  

The study empirically investigates the causality between agricultural exports and gross domestic product (GDP) agriculture in India using the Granger causality test via Vector Error-Correction Model over the period 1970-1971 to 2009-2010. The results of unit-root tests suggest that the series of India's GDP agriculture and farm exports are integrated of order one. The results of the Auto Regressive Distributed Lag bounds testing approach to co-integration show that there is a positive and stable long-run equilibrium relationship between India's agricultural exports and GDP of agriculture. We find a unidirectional causal link running from farm exports...

The differences in the marketability of organic products in Greece and the Czech RepublicOriginal Paper

Martina ZÁMKOVÁ, Veronika BLAŠKOVÁ

Agric. Econ. - Czech, 2013, 59(5):219-226 | DOI: 10.17221/93/2012-AGRICECON  

The paper is concerned with the marketability of organic products in Greece and the Czech Republic. We use marketing research in the form of a questionnaire survey to get an understanding of the organic-product shopping patterns in both countries. The data collected are then analysed by statistical methods and the differences presented between the marketability of organic products in Greece and the Czech Republic. In comparing the results, a chi-square test is used to test for their independence, further using a simple as well as multiple-sample testing of relative frequencies. Based on the results, there are then presented recommendations to producers...

Impact of farmers' differentiation on farmland-use efficiency: Evidence from household survey data in rural ChinaOriginal Paper

Xu HENGZHOU, Chen TONG

Agric. Econ. - Czech, 2013, 59(5):227-234 | DOI: 10.17221/124/2012-AGRICECON  

Farmer differentiation has important implications for the efficiency of farmland use. Applying the model of DEA and Tobit, using the household survey data, this paper investigates the effects of the farmer stratum differentiation on the efficiency of farmland use. The empirical results showed that the type of farmer differentiation was positive and statistically significant at 5% level. The regression coefficient is 0.295; this result implies that if this variable improves one percentage, the efficiency of farmland use will increase by 29.5%. The farmer horizontal differentiation and farmer vertical differentiation pass the significance test at the...

The effect of real exchange rates and their volatilities on the selected agricultural commodity exports: A case study on Turkey, 1971-2010Original Paper

Halit YANIKKAYA, Huseyin KAYA, Osman Murat KOCTURK

Agric. Econ. - Czech, 2013, 59(5):235-246 | DOI: 10.17221/122/2012-AGRICECON  

This study investigates the effect of the exchange rate volatility and the real exchange rate on the bilateral agricultural exports flows of Turkey to 46 countries. A panel data set, which contains 46 cross-sections and 1840 observations, is used for exports of the selected agricultural commodities to countries from 1971 to 2010. Our empirical results based on a gravity equation show that while the exchange rate volatility does not exert a significant effect on the Turkish agricultural commodity exports, the real exchange rate has a statistically significant effect on the agricultural commodity export flows. Regardless of the region chosen, raisins...