Agricultural Economics, 2018 (vol. 64), issue 1

A comparative analysis of organic and conventional farmers in the Czech RepublicOriginal Paper

Josef KRAUSE, Ondrej MACHEK

Agric. Econ. - Czech, 2018, 64(1):1-8 | DOI: 10.17221/161/2016-AGRICECON  

Organic farming has become a topic that receives an increasing academic as well as popular attention. This study examines the financial differences between the organic and conventional farmers, as well as their income volatility. Based on the Student's t-test, the regression analysis and the matched-pair investigation on a sample of Czech 291 organic and 4045 conventional farmers over the period 2009-2013, the study indicates that the organic agricultural companies outperform the conventional companies in the terms of profitability. However, their asset turnover is considerably lower. No evidence of different income volatility has been found.

Management of the bio-waste processing in crisis conditions in the municipal sectorOriginal Paper

Nadezda JANKELOVA, Marian DED, Branislav KOVACIK

Agric. Econ. - Czech, 2018, 64(1):9-22 | DOI: 10.17221/232/2016-AGRICECON  

Management of the bio-waste processing is a complex issue, which has not yet been elaborated for the municipal administration. Its importance can be seen in the synergic links of three key areas: the crisis in the energy, the bio-waste and its processing as the most prospective opportunity of crisis solution, and the management in the form of tool for the final solution. The main aim of the scientific paper is based on the theoretical knowledge and study of trends in the field of the renewable energy sources to create a universal exemplary model of decision-making for mayors in the process of the bio-waste management in the municipal sector. The necessary...

The role of subsidy policies in achieving grain self-sufficiency in China: a partial equilibrium approachOriginal Paper

Jiarong QIAN, Shoichi ITO, Yueying MU, Zhijun ZHAO, Xuejun WANG

Agric. Econ. - Czech, 2018, 64(1):23-35 | DOI: 10.17221/167/2016-AGRICECON  

Food security is a critically important issue in China and can be enhanced by implementing subsidy policies. This paper employs a partial equilibrium model which takes into account the impact mechanism of subsidy policies to simulate the impact of current subsidy policies on grain supply and demand and on enhancing grain self-sufficiency in China. The simulation results suggest that subsidies can generally promote grain production, reduce consumption, increase imports, reduce exports and increase ending stocks. Subsidies may also result in increases in grain self-sufficiency rate and stock-to-use ratio, but the increases are relatively small, indicating...

The impact of banking and external sectors on Mexican agriculture in the period 1995-2015Original Paper

Guillermo BENAVIDES-PERALES, Isela Elizabeth TELLEZ-LEON, Francisco VENEGAS-MARTINEZ

Agric. Econ. - Czech, 2018, 64(1):36-49 | DOI: 10.17221/193/2016-AGRICECON  

Mexican agricultural production has been characterised by a lack of dynamism in recent years and is losing ground in terms of GDP. This may reflect the lack of funding from commercial and development banks. This research aims at studying the dynamics of the agriculture sector through econometric analysis using Vector Autoregressive (VAR) and Vector Error Correction (VEC) models in order to examine the short- and long-run relationships among agricultural production, terms of trade (ratio of agricultural prices and general price level), agricultural exports and lending from commercial and development banks. The main empirical findings, contrary to what...

List of reviewers 2017

editors

Agric. Econ. - Czech, 2018, 64(1):430-439 | DOI: 10.17221/10767-AGRICECON