Agricultural Economics, 2015 (vol. 61), issue 8
Impacts of the government-supported investments on the economic farm performance in AustriaOriginal Paper
Stefan KIRCHWEGER, Jochen KANTELHARDT, Friedrich LEISCH
Agric. Econ. - Czech, 2015, 61(8):343-355 | DOI: 10.17221/250/2014-AGRICECON 
Farm investments in the European Union are supported by the governmental programmes. The evaluation of this programme is challenged through the voluntary participation and heterogeneous observation units. Therefore, we combine the Matching Method with the Difference-in-Difference estimation in order to overcome these problems and to estimate the impact of supported farm-investment activities on the economic performance of the Austrian farm holdings. In particular, we detect an increase in production, land renting and capital borrowing. Furthermore, a shift from the non-farm to farm activities, but with no statistically significant impact on the total...
Age of machinery and equipment in the Czech agricultureOriginal Paper
Igor KREJČÍ, Petr MAZOUCH, Kristýna VLTAVSKÁ, Roman KVASNIČKA
Agric. Econ. - Czech, 2015, 61(8):356-366 | DOI: 10.17221/238/2014-AGRICECON
The paper deals with the estimation and analysis of the average age and the age structure of machinery and equipment in agriculture. The development of the average age of machinery and equipment could be used as an indicator of the modernisation process and the picture of investment support in the industry. For the purposes of the analysis, the official model of the perpetual inventory method is transformed into the Markov chain model. The analysis shows significant differences in the institutional sectors. The average age of machinery and the age distribution depicts the situation in agriculture and it indicates the lower competitiveness of small...
Agricultural land market in Slovakia - economic and legal impacts of the Law No. 140/2014 Coll. on the land acquisitionOriginal Paper
Jarmila LAZÍKOVÁ, Ivan TAKÁČ, Pavol SCHWARCZ, Anna BANDLEROVÁ
Agric. Econ. - Czech, 2015, 61(8):367-376 | DOI: 10.17221/165/2014-AGRICECON
Agricultural land is an important natural resource and the wealth of each country; in addition it is one of the main production factors, especially for the agricultural businessmen. That is a reason that state law makers adopt the legal regulations which are able to protect this unique natural resource and prefer using the land mainly for the agricultural purposes. The Slovak law makers have followed also such objectives by adoption of the Law No. 140/2014 Coll. on the acquisition of ownership of agricultural land and amending and supplementing certain laws. The paper analyses the economic and legal impacts of this law on the agricultural market in...
Values and professional and ethical norms in rural tourism in PolandOriginal Paper
Jan SIKORA, Wlodzimierz KACZOCHA, Agnieszka WARTECKA-WAZYNSKA
Agric. Econ. - Czech, 2015, 61(8):377-392 | DOI: 10.17221/14/2014-AGRICECON
With development of the market economy, the views concerning the importance of ethical norms in business activity are developing. Ethical orientation in economics, has been popularized for several decades by e.g. French centre "Economie et Humanisme"1, established by a renowned Dominican, L.J. Lebret. Tourism, including rural tourism, represents an economic activity which has its specific ethical dimension. The goals of this paper are to characterize the basic values that are voluntarily accepted and used in tourism in rural areas in Poland and to identify the ethical norms that guarantee the realization of these values. The authors adopted...