Agricultural Economics, 2022 (vol. 68), issue 12
Index of contents volume 68
editors
Agric. Econ. - Czech, 2022, 68(12):I-III | DOI: 10.17221/14892-AGRICECON 
Index of authors volume 68
editors
Agric. Econ. - Czech, 2022, 68(12):IV-V | DOI: 10.17221/14893-AGRICECON
Vegetative cycle and bankruptcy predictors of agricultural firmsOriginal Paper
Mário Santiago Céu, Raquel Medeiros Gaspar
Agric. Econ. - Czech, 2022, 68(12):445-454 | DOI: 10.17221/206/2022-AGRICECON
The characterisation of agricultural activity depends on what firms produce. In this article, we introduce the importance of the vegetative cycle in the prediction of bankruptcy of agricultural firms, analysing the financial ratios proposed by the classical models of Altman (1983), Ohlson (1980) and Zmijewski (1984). We consider a total of 2 228 Portuguese firms, with 83 failing between 2015 and 2019. The findings confirm that the differences between healthy and bankrupt firms depend on their vegetative cycle. Although predictors based on liquidity are helpful only in predicting the bankruptcy of non-perennial crop firms, activity predictors are better...
Efficiency of European Union wheat producers on world market and analysis of its determinants based on the data envelopment analysis methodOriginal Paper
Pawe³ Boczar, Lucyna B³a¿ejczyk-Majka
Agric. Econ. - Czech, 2022, 68(12):455-463 | DOI: 10.17221/267/2022-AGRICECON
The war in Ukraine has shown that the worldwide food security can be easily shaken. This article focuses on an evaluation of European Union (EU) wheat producers on the world market. Would EU producers maintain their competitive position without direct payments? What changes need to be introduced to improve the position of EU producers on the world market? To answer these questions, a data envelopment analysis has been applied. It is indicated that the competitive position of EU wheat producers is still strongly dependent on direct payments and that mechanisation costs are a key area for improved efficiency in wheat production in Europe.
Changes in the comparative advantage of Polish dairy productsOriginal Paper
Piotr Bórawski, Aneta Be³dycka-Bórawska, Andrzej Parzonko, Tomasz Rokicki, Lisa Holden
Agric. Econ. - Czech, 2022, 68(12):464-475 | DOI: 10.17221/322/2022-AGRICECON
Competitiveness is one of the key concepts in economic sciences, andit is defined as the ability of businesses to compete in the market. The aim of this study was to assess the competitiveness of dairy products in Poland. The competitiveness was evaluated in a macroeconomic approach by analysing the exports, imports, and the trade balance. The results were processed and presented with the use of tabular, graphic, and descriptive methods. After Poland joined the European Union (EU) in 2004, one of the key goals was to improve the quality, storage, and applicability of dairy products, and to promote trade in milk and dairy products. The Polish dairy...
Food security in a food self-sufficient economy: A review of China's ongoing transition to a zero hunger stateReview
Vasilii Erokhin, Gao Tianming, Luminita Chivu, Jean Vasile Andrei
Agric. Econ. - Czech, 2022, 68(12):476-487 | DOI: 10.17221/278/2022-AGRICECON
In a contemporary globalised world, assuring food security in the conditions of developing a food self-sufficient economic structure represents not only a challenge in terms of the changing agricultural paradigm, but also an important instrument in assuring, in a long-term manner, societal resilience. However, while achieving self-sufficiency in food, China still faces challenges in terms of establishing sustainable food security and transitioning to a zero hunger state. Rapid economic growth and urbanisation have resulted in shifting food consumption patterns from crops towards more nutritious meat and dairy products and higher-qualitative imported...