Agricultural Economics, 2022 (vol. 68), issue 8
Environmental strategy and firm performance: A new methodological proposalOriginal Paper
Marta Arbelo-Pérez, Yaiza Armas-Cruz, Antonio Arbelo
Agric. Econ. - Czech, 2022, 68(8):283-292 | DOI: 10.17221/137/2022-AGRICECON 
Environmental strategies and their effects on firm performance are receiving increased attention in the literature, but the results are inconclusive. To fill this gap, we propose to evaluate the effect of environmental strategies on firm performance, thereby making two significant contributions. The first is the use of Bayesian techniques to estimate a stochastic frontier model with random coefficients to evaluate the relationship between environmental strategies and performance at the individual firm level, thus adequately incorporating heterogeneity; the second is the adoption of profit efficiency as a measure of firm performance. To test this idea,...
The delayed surplus response for hops related to market dynamicsOriginal Paper
Douglas MacKinnon, Martin Pavlovič
Agric. Econ. - Czech, 2022, 68(8):293-298 | DOI: 10.17221/156/2022-AGRICECON
The cyclical nature of hop market pricing has been recorded since the 16th century, but the effect had never previously been documented or quantified. Using Bayesian inference in an analysis of data regarding the US hop industry collected and published by the United States Department of Agriculture (USDA) it was possible to measure the change of inventory and acreage responsiveness to price during periods of free and markets regulated through the enforcement of intellectual property rights (IPR). The data demonstrated a delayed, reduced, or total lack of responsiveness in the change of direction of acreage and inventory in response to directional...
Economic overview of the distribution channels used by Eastern European small farms for their agricultural productsOriginal Paper
Vladimir Ristanović, Aleksandra Tošović-Stevanović, Silvia Maican, Andreea Muntean
Agric. Econ. - Czech, 2022, 68(8):299-306 | DOI: 10.17221/168/2022-AGRICECON
The role of small farms in agricultural production is particularly important for less developed economies, with a high share of agriculture in GDP and a lower level of national income. These economies have a high share of small-scale farms in the total number of registered farms, measured by the size of an agricultural holding. The paper thoroughly analyses the distribution channels of the agricultural products of Moldova (MDA), Romania (ROM), and Serbia (SRB). The data sources for this analysis are taken from the survey conducted on 1 608 small-scale farms in the above-mentioned countries in 2019. The aim of the paper is to develop a model that could...
The influence of photovoltaic and nuclear energy sources on the use of land in the Czech RepublicReview
Lukáš Martinec
Agric. Econ. - Czech, 2022, 68(8):307-316 | DOI: 10.17221/61/2022-AGRICECON
The human population is highly dependent on electricity, and to maintain the current progress of its use and for future requirements, it is necessary to look for ways to ensure sufficient energy. The aim of the article is to compare nuclear energy as a representative of non-renewable energy sources with photovoltaic energy as a representative of renewable energy sources (RES). The comparison is made in terms of the effect on agricultural land occupation, given that soil as a basic production factor is completely unique and that nuclear energy sources are often used as a backup for RES. We used a quantitative research method based on deduction using...