Agricultural Economics, 2018 (vol. 64), issue 12
VOLUME 64 (2018), CONTENTSIndex
editors
Agric. Econ. - Czech, 2018, 64(12):I-III | DOI: 10.17221/11502-AGRICECON 
AUTHOR INDEX, 64 (2018)Author Index
editors
Agric. Econ. - Czech, 2018, 64(12):IV-VI | DOI: 10.17221/11500-AGRICECON
Sustainable economic development assessment model for family farmsOriginal Paper
Juraté SAVICKIENÉ, Astrida MICEIKIENÉ
Agric. Econ. - Czech, 2018, 64(12):527-535 | DOI: 10.17221/310/2017-AGRICECON
This article is aimed to address the issue of sustainable economic development assessment in family farms. A complex methodology of family farm sustainable economic development assessment based on the family farm sustainable economic development index has been created following analysis of family farm sustainable economic development assessment methodologies, which are proposed by scientists and used in practice. The Kruskal-Wallis test and hierarchical cluster analysis were used to check the relevance of the index in family farm sustainable economic development assessment. The index value range was calculated using descriptive statistics. The characteristics...
Networking theory of innovation in practice - The Hungarian caseOriginal Paper
Aron TOROK, Jozsef TOTH, Jeremias Mate BALOGH
Agric. Econ. - Czech, 2018, 64(12):536-545 | DOI: 10.17221/60/2018-AGRICECON
According to the European Innovation Scoreboard (2017) report, Hungary's summarised innovation score is 67.4 against the EU28 average of 102. This implies that the Hungarian economy has got rather serious disadvantages in the European Union community. This statement is more pronounced in the case of the food industry. From an innovation point of view food industry is seen as a slow one, which is lagging behind the technology pushed possibilities, but sometimes behind the customers' desires and requirements as well. In our research, we determine why the food companies in Hungary do not engage in innovation activities and if they do so, what are the...
Phases to the transformation of agriculture in Central Europe - Selected processes and their resultsOriginal Paper
Jerzy BAŃSKI
Agric. Econ. - Czech, 2018, 64(12):546-553 | DOI: 10.17221/86/2018-AGRICECON
The fall of the communist system in Central Europe was followed by dynamic social and economic change that also had its clear impact on the food sector. One of the key factors shaping the contemporary condition of the agricultural sector in region has been change of ownership, with the collapse of the nationalised sector and restitution of property to former owners. The work presented here considers the main directions of changes and assessment of selected economic processes ongoing in the farming sector over the last quarter-century throughout the region under consideration. This analysis may be further broken down in relation to the three suggested...
Sustainable agri-food products: A review of consumer preference studies through experimental economicsReview
Lucio CECCHINI, Biancamaria TORQUATI, Massimo CHIORRI
Agric. Econ. - Czech, 2018, 64(12):554-565 | DOI: 10.17221/272/2017-AGRICECON
In the last few decades, the interest of consumers towards sustainable agri-food products has been growing. This trend reflects changes in the consumption patterns, which have been deeply influenced by the increased sensitivity concerning social and environmental issues. In this sense, several studies, with different methodological approaches, have investigated consumers' willingness to pay and its determinants for products with different sustainability labels. To systematise the obtained results, this paper offers a review of the studies that used experimental economics in studying consumer preferences for sustainable food and agricultural products....
When will food price bubbles burst? A reviewReview
Xiao-Qing WANG, Chi-Wei SU, Ran TAO, Oana-Ramona LOBONŢ
Agric. Econ. - Czech, 2018, 64(12):566-573 | DOI: 10.17221/21/2018-AGRICECON
This paper examines whether there are multiple explosive bubble episodes in international food market by employing the Generalised Supremum Augmented Dickey-Fuller (GSADF) test. This method is particularly suitable for practical application of time series and provides an innovative consistent date-stamping strategy for the origination and termination of bubble episodes. Our results show that there are four explosive bubble episodes mostly accompanied by huge price volatilities during 1990-2017, which is largely in line with the asset pricing model (Gürkaynak 2008). The exuberance and collapse of bubble episodes can be explained by imbalance between...