Agricultural Economics, 2018 (vol. 64), issue 10

Economic-environmental efficiency of European agriculture - a generalized maximum entropy approachOriginal Paper

Victor MOUTINHO, Margarita ROBAINA, Pedro MACEDO

Agric. Econ. - Czech, 2018, 64(10):423-435 | DOI: 10.17221/45/2017-AGRICECON  

The study aims to estimate the agricultural economic-environmental efficiency (eco-efficiency) for European countries. Eco-efficiency is obtained by the data envelopment analysis (DEA) and stochastic frontier analysis (SFA) using a generalized maximum entropy (GME) approach. Agriculture gross value added (GVA) is considered as the desirable output and greenhouse gas (GHG) emissions as the undesirable output. Capital, labour, land, energy and nutrients are regarded as inputs. The GVA/GHG ratio is the measure of eco-efficiency. The estimation was made for the years 2005 and 2010, which correspond to the 1st year of commitment to the Kyoto Protocol and...

Return on sales and wheat yields per hectare of European agricultural entitiesOriginal Paper

Eva HYBLOVA, Roman SKALICKY

Agric. Econ. - Czech, 2018, 64(10):436-444 | DOI: 10.17221/209/2017-AGRICECON  

Performance of agricultural entities can be observed from several different perspectives: using macroeconomic indicators, the quantity of agricultural production units, or by measuring the profitability. The paper present focuses on the relationship between profitability, return on sales (ROS) and wheat yields per hectare in agricultural entities in member states of the European Union (EU), divided into size categories by quantity standard output (SO). Due to the high proportion of subsidies in agriculture, the ROS indicator was rated in two versions: including subsidies and excluding subsidies. The aim of the paper is to confirm or refute the mutual...

A dynamic framework of sustainable development in agriculture and bioenergyOriginal Paper

Chih-Chun KUNG

Agric. Econ. - Czech, 2018, 64(10):445-455 | DOI: 10.17221/281/2017-AGRICECON  

The use of fossil fuels raises serious environmental concerns and causes major adverse effects such as the ocean level rise and the increased occurrence of hurricanes. To alleviate such problems, a global movement towards the generation of renewable energy is considered to be an effective way to help reducing the global greenhouse gas emissions and to sustain social development. Bioenergy is one attractive renewable energy source in Taiwan because a substantial amount of cropland has been released after the participation in the World Trade Organization (WTO). This study proposes two dynamic agricultural sector models to analyse how changes in the land...

Is economic institutional adaptation feasible for agri-environmental policy? Case of Good Agricultural and Environmental Condition standardsReview

Jana POLAKOVA

Agric. Econ. - Czech, 2018, 64(10):456-463 | DOI: 10.17221/138/2017-AGRICECON  

This review focuses on Czech implementation of standards for soil and water protection called Good Agricultural and Environmental Conditions (GAEC), with linkage to the European Union (EU) level. I investigate different elements of adaptive institutional economics: (i) summarise current knowledge regarding the social reasons for introducing GAEC; (ii) assess the evidence linked to GAEC to better understand the potential as well as boundaries of formalizing cause-effect links; (iii) clarify the pertinence of producers' claims on costs accruing from GAEC implementation. These three points highlight the thesis of this paper: implementation in farmers'...

Assessing the agricultural trade complementarity of the Association of Southeast Asian Nations countriesCase Report

Viet HOANG

Agric. Econ. - Czech, 2018, 64(10):464-475 | DOI: 10.17221/253/2017-AGRICECON  

This paper aims to investigate the agricultural trade complementarity of the Association of Southeast Asian Nations (ASEAN) countries on the global agricultural market over the period 1997-2015 by employing the trade complementarity index (TCI), the export similarity index (ESI), and Spearman's rank correlation coefficients for competitiveness indicators. The results indicate that: (i) the ASEAN countries' agricultural export patterns are weakly complementary in matching the regional import demands; while (ii) they are relatively complementary in exporting agricultural products to the world market; (iii) the countries' agricultural competitiveness...