Agricultural Economics, 2019 (vol. 65), issue 5

Innovative approaches to management with emphasis on soft factors and their impact on the efficiency of agribusiness companiesOriginal Paper

Nadežda Jankelová, Katarína Remeňová, Zuzana Skorková, Ildikó Némethová

Agric. Econ. - Czech, 2019, 65(5):203-211 | DOI: 10.17221/202/2018-AGRICECON  

This paper represents a wider research aimed at the examination of innovative approaches to management and their impact on the competitiveness and success of companies in a globalised world economy. Its main objective is to evaluate perceived importance of these approaches with emphasis on soft factors in agribusiness companies in Slovakia in terms of methods and tools used in the implementation of individual management functions, as well as in terms of the frequency of their applications, and their impact on the efficiency of these companies. However, a research gap has been identified in the existing literature...

Bankability of a public private partnership in agricultural sector: A project in Sub Saharan AfricaOriginal Paper

Donato Morea, Marino Balzarini

Agric. Econ. - Czech, 2019, 65(5):212-222 | DOI: 10.17221/258/2018-AGRICECON  

A public private partnership can be an effective approach to deal the projects with modern agricultural development in Sub Saharan Africa. A former financial analysis of a development project, carried out by the authors, showed that public and private partners can effectively join in a mutually satisfactory venture capital. The same project is now complemented with a bankability study, considering lenders options, equity allocation, collaterals and likely applicable interest rates, available cash flow and sustainable debt service repayment to provide a through financing scenario for each partner's perspective...

Does financial and agriculture sector development reduce unemployment rates? Evidence from Southern African countriesOriginal Paper

Gbolahan Olowu, Godwin Olasehinde-Williams, Murad Bein

Agric. Econ. - Czech, 2019, 65(5):223-231 | DOI: 10.17221/263/2018-AGRICECON  

The paper examines empirically the impacts of agricultural sector value added and financial development on unemployment, using yearly data from 1995-2015. Eleven developing Southern African Development Community countries were selected for the study. The empirical analysis was carried out using second-generation econometric methods. The regression results revealed that both agricultural value added and financial development are important determinants of unemployment within the region. The results specifically show that agricultural value added is negatively associated with unemployment in both the short and...

Impact of financial development on agricultural productivity in South AsiaOriginal Paper

Muhammad Zakaria, Wen Jun, Marium Farrukh Khan

Agric. Econ. - Czech, 2019, 65(5):232-239 | DOI: 10.17221/199/2018-AGRICECON  

The paper examines the impact of financial development on agricultural productivity in South Asia using data for the period 1973-2015. The other variables included are physical capital, human capital, trade openness and income level. It is found that all variables have cross-section dependence and they are stationary at first differences. It is found that long-run cointegration holds among variables. The estimated results show that financial development has an inverted U-shaped effect on agricultural productivity, which implies that agricultural productivity first increases with the increase in financial development...

Financial determinants of cash holding levels: An analysis of Indian agricultural enterprisesOriginal Paper

Kuldeep Singh, Madhvendra Misra

Agric. Econ. - Czech, 2019, 65(5):240-248 | DOI: 10.17221/240/2018-AGRICECON  

A significant number of studies have been conducted on the determinants of cash holding levels for different corporates. However, no such study has been witnessed so far on the agricultural enterprises. In this study, we examine the determinants of the cash-holding levels for the Indian agrarian enterprises during 1995-2016 period. With the help of weighted least-squares (WLS) regression analysis, we find evidence that the Indian agro-enterprises with greater lucrative opportunities tend to hold less cash. On the other side, we found that large agro-enterprises tend to hold some other mode of liquid assets rather...