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Determinants of the demand for fruits and vegetables: Preferences by age and gender in EuropeOriginal PaperElena Ho¹ková, Iveta ZentkováAgric. Econ. - Czech, 2024, 70(8):414-423 | DOI: 10.17221/394/2023-AGRICECON
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Corporate governance, ownership concentration and performance of European agricultural companies: New empirical evidenceOriginal PaperGraþiela Georgiana Noja, Mirela Cristea, Nicoleta Sîrghi, Oana-Ramona Socoliuc Gurițã, Ioana Vãdãsan, Daniel CîrciumaruAgric. Econ. - Czech, 2023, 69(4):151-161 | DOI: 10.17221/78/2023-AGRICECON
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Are futures markets functioning well for agricultural perishables? Evidence from China’s apple futures marketOriginal PaperQianqian Mao, Jens-Peter Loy, Thomas Glauben, Yanjun RenAgric. Econ. - Czech, 2023, 69(12):471-484 | DOI: 10.17221/278/2023-AGRICECON
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The impacts of agricultural subsidies of Common Agricultural Policy on agricultural emissions: The case of the European UnionOriginal PaperJeremiás Máté BaloghAgric. Econ. - Czech, 2023, 69(4):140-150 | DOI: 10.17221/51/2023-AGRICECON
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Can income growth and environmental improvements go hand in hand? An empirical study of Chinese agricultureOriginal PaperChenchen Su, Jinchuan Shen, Fei WangAgric. Econ. - Czech, 2024, 70(7):321-333 | DOI: 10.17221/438/2023-AGRICECON Advancing agricultural carbon emission efficiency and farmers’ income simultaneously is crucial for the sustainable progress of agriculture. Our study centered on 31 provinces and cities in China and investigated regional variances and the dynamic evolution aspects of coordinated development in farmers’ income and agricultural carbon emission efficiency, utilising panel data from 2005 to 2021. The analysis revealed the following trends: Firstly, China’s overall agricultural carbon emission efficiency was steadily increasing, mainly because of technological advancements. Secondly, the correlation between farmers’ income and agricultural carbon emission efficiency in China had notably improved from 0.318 to 0.775. Throughout the observation period, disparities in the levels of coordinated development were observed in various provinces with a diminishing fluctuation, indicating regional disparities as the primary instigator. Thirdly, the level of coordinated development highlighted positive clustering attributes, demonstrating an ‘east high, west low’ pattern; the evolution of coordinated development levels exhibited stability in maintaining the current status. This study holds significant value for developing countries in enhancing farmers’ income and agricultural carbon emission efficiency in a coordinated manner. |
Impact of political and security stability on food security in developing countries: Case of Africa, Asia, Latin America and the CaribbeanCase StudyJangkung Handoyo Mulyo, Imade Yoga Prasada, Agus Dwi NugrohoAgric. Econ. - Czech, 2023, 69(9):375-384 | DOI: 10.17221/142/2023-AGRICECON
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Land productivity in the EU in the context of financial support through direct subsidiesOriginal PaperBarbara Kutkowska, Tomasz Szuk, Stanislaw Minta, Hanna AdamskaAgric. Econ. - Czech, 2024, 70(9):436-445 | DOI: 10.17221/51/2024-AGRICECON The main research objective of this study is to present the dynamics of land productivity changes in EU agriculture in the years 2012–2020 and evaluate the influence of direct subsidies received by farmers on land productivity. The source data for 2012–2020 are secondary and come from Eurostat. The research results were prepared for the entire European Union (EU-28), and divided into ‘old’ countries (EU-15) and ‘new’ countries (EU-13). The results were developed using the method of assessing convergence (in terms of differences in land productivity in individual countries) using the coefficient of variation and the relative index of changes in individual Member States in relation to the EU average over the period under study. Results showed that between 2012 and 2020, average land productivity in the EU increased by 7%. At the same time, differences in land productivity between EU countries decreased. The correlation analysis confirmed a statistically significant relationship between land productivity and the amount of direct payments per ha of agricultural land. Additionally, results of the correlation between productivity per 1 ha and the total area of agricultural land in EU countries confirmed the law of decreasing marginal productivity of land. |
Impact assessment of climate change at farm level: A methodological approach based on integrated biophysical and economic modelsOriginal PaperTatiana Bullová, Zuzana Bajusová, Peter Bielik, Erwin Schmid, Rastislav Skalský, Jozef Takáè, Viktória Benïáková, Izabela Adamièková, Natália Turèeková, Ján JobbágyAgric. Econ. - Czech, 2024, 70(12):577-590 | DOI: 10.17221/125/2024-AGRICECON The dominant agricultural sector in Slovakia is crop production, with the majority of arable land dedicated to cultivating cereals (57%), followed by fodder crops (20%) and industrial crops (19%). Slovakia has technical and biophysical potential for expanding biomass production. However, it is crucial to identify optimal production practices, alternative costs, and environmental outputs. Farms become more vulnerable to the worldwide threat posed by climate change. Based on research, farmers can effectively mitigate the adverse effects of climate change by making necessary adjustments to their current farming techniques. Thus, by using an advanced tool like integrated farm models, farmers can evaluate and manage a range of risks related to their activities. This paper aims to present the application of integrated modelling frameworks at the farm level and propose a framework for studying the consequences of climate change through a scenario-based approach at the farm level. Integrated assessments provide new insights that complement those derived from more detailed assessments. Based on the model developed, the results of two research questions are provided. Since, from the viewpoint of the farmer, risk and unpredictability associated with lower yields are frequently the main causes of lower income, spatially explicit integrated modelling is applied, enabling economic optimisation of crop production on a selected farm with a focus on maximising net returns while considering biophysical parameters. The modelling results depict the distribution of selected crops on arable land and the most suitable management practices for crop production in terms of nitrogen application and irrigation utilisation. Additionally, we develop an integrated model proposing the estimation of the risk of yield variability and nitrogen emissions for three climate change scenarios for the simulated period of 2020–2100 on the model farm. In response to the problems posed by climate change, this integrated approach can assist evidence-based decision-making and sustainable agriculture practices. |
Sustainable innovation in agriculture: Building competitiveness and business sustainabilityOriginal PaperPavla Vrabcová, Hana UrbancováAgric. Econ. - Czech, 2023, 69(1):1-12 | DOI: 10.17221/321/2022-AGRICECON
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Network-based business model in the agri-food sector: A case study of Green FingersCase StudySagit Barel-ShakedAgric. Econ. - Czech, 2023, 69(4):162-170 | DOI: 10.17221/2/2023-AGRICECON Globalisation and reduced trade barriers have created a competitive business environment, requiring agri-food firms to adopt a new innovative perspective. This research study examines a network-based business model of a new venture offering services to avocado farmers and its potential impact on customer performance. A theoretical framework of a network-based business model in the agri-food sector was developed and implemented in the production of avocados. The Israeli agri-food firm, Green Fingers, was selected as the case study to analyse the value drivers of the network-based business model. The proposed business model can serve as a benchmark in evaluating other business models and developing practical strategies in the agri-food sector. The model is flexible, adaptable in meeting the evolving needs of customers and farmers, and applicable to other sectors. The model's building blocks emphasise the importance of networking and diffusing knowledge among key stakeholders, adapting to changing environments, maintaining environmental sustainability, collaborating with policymakers, and supporting farmers. The extended business model canvas may enhance the currently limited research on network-based business models in the agri-food sector from theoretical and empirical perspectives. |
Price transmission between maize and poultry product markets in the Visegrád Group countries: What is more nonlinear, egg or chicken?Original PaperSergei Kharin, Zuzana Kapustova, Ivan LichnerAgric. Econ. - Czech, 2023, 69(12):510-522 | DOI: 10.17221/320/2023-AGRICECON
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Technical efficiency and farm size in the context of sustainable agricultureOriginal PaperYang Fan, Wu Guoyong, Noman Riaz, Kamila RadliñskaAgric. Econ. - Czech, 2024, 70(9):446-456 | DOI: 10.17221/158/2024-AGRICECON This article aims to highlight the importance of climate and environmental challenges for agricultural economics and policy. Empirical research based on the Data Envelopment Analysis (DEA) method determined the average technical efficiency and scale efficiency of farms in the European Union in total and in economic size classes in the period 2004–2020. The results indicate that agriculture is generally characterised by high technical efficiency and scale efficiency. Analysis by economic size classes of farms, defined by the standard sum of their agricultural output, shows that the relationship between the scale of production and technical efficiency of farms is U-shaped. The highest technical efficiency and scale efficiency are characterised by small, large and very large farms economic classes. Economies of scale shift the burden of food production to large farms, which provide food security and are technically efficient but excessively burdensome for the climate and the environment. Small farms produce environmentally friendly food but on a small scale. Therefore, increasing the technical efficiency of medium-sized farms can contribute to more sustainable food production that meets both food security and climate and environmental objectives. The Common Agricultural Policy 2023–2027 provides greater access to financial support for moderate-scale farms and farms undertaking ecosystem restoration activities. This may affect the strength and direction of the relationship between farm scale and productivity, including technical efficiency. |
The European Union’s circular bioeconomy: What do the indicators tell us?Original PaperMaximilian Kardung, Du¹an DrabikAgric. Econ. - Czech, 2024, 70(5):199-206
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The economic effects of export restrictions imposed by major grain producersOriginal PaperLiangliang Zhai, Shilin Yuan, Yujing FengAgric. Econ. - Czech, 2022, 68(1):11-19 | DOI: 10.17221/329/2021-AGRICECON This paper uses the global trade analysis project (GTAP) to evaluate the impact of grain export restrictions on world food security during the COVID-19 epidemic. The study found that export restrictions distort world market prices, which in turn distort consumption and production, harm the interests of consumers and farmers in some countries, and threaten food security. In this regard, maintaining the convenience of the food trade is the wise choice of all countries. It is necessary to tighten the World Trade Organization (WTO) disciplines related to export restrictions, strengthen global food security governance and jointly build a community with a shared future for mankind. |
Age management as a human resources management strategy with a focus on the primary sector of the Czech RepublicOriginal PaperHana Urbancová, Pavla VrabcováAgric. Econ. - Czech, 2020, 66(6):251-259 | DOI: 10.17221/11/2020-AGRICECON Primary sector, especially agricultural companies, have long been struggling with labour shortages and demographic trends as well as with negative age structure of employees. The article, therefore, aims to identify the organisational benefits and strategies of human resource management that will help ensure a generational change in selected agricultural companies in primary sectors. The data was obtained on the basis of quantitative research in 136 companies operating in the primary sector according to the CZ-NACE methodology. More than 75% of the enterprises assessed do not apply age management, the biggest obstacle being staffing shortage in the area of age management. The respondents see the main benefits in retaining key employees, improving motivation, increasing performance, and improving organisational climate. The article is limited by its focus on the specific primary sector, nevertheless, this topic is very important in its focus on Common Agricultural Policy at the level of individual companies in all countries of the European Union. |
How to combine precious metals with corn in a risk-minimizing two-asset portfolio?Original PaperDejan ®ivkov, Petra Balaban, Boris KuzmanAgric. Econ. - Czech, 2021, 67(2):60-69 | DOI: 10.17221/411/2020-AGRICECON This paper tries to find out which precious metal futures are the best hedging tools for corn spot commodity, taking into account three different risk measures - variance (Var), value at risk (VaR), and conditional value at risk (CVaR). For computation purposes, we use an optimal dynamic conditional correlation (DCC) specification for every considered pair. Our findings indicate that portfolio with gold outperforms the other three precious metals (silver, platinum, and palladium) with respect to all three risk metrics. The reason for such findings is two-fold. First, gold has the lowest average dynamic correlation with corn (below 11%), and gold also has the lowest average risk of all precious metals. The second-best combination is corn-platinum, whereas the corn-silver pair gives the worst hedging results. This happens because silver has the highest average dynamic correlation with corn (14.5%), but more importantly, silver is the riskiest commodity, which makes this asset unsuitable for combining with corn. According to the results, the ratio between corn and gold in a two-asset portfolio should be about 27 : 73. |
A case study of agri-food systems in rural Spain: Impacts, responses and institutional lessonsCase StudyRaquel Fernández-González, Félix Puíme-Guillén, Mirela PanaitAgric. Econ. - Czech, 2022, 68(5):159-170 | DOI: 10.17221/65/2022-AGRICECON Galicia is one of Spain's leading regions regarding agricultural and livestock production. In the light of the COVID-19 crisis, the permeability to the economic shocks of these sectors led to an unprecedented recession, given the heterogeneity of their characteristics, resulting in widespread losses. The main objective of this article is to analyze the impact of COVID-19 in the agricultural and livestock sectors in Galicia and, at the same time, identify the degree of affectation in each of these sectors, determine the impact of the pandemic in each province and study the institutional responses to the COVID-19 crisis. For this purpose, financial analysis of these sectors will be carried out through a sample of 998 companies. The results show a variation in operating income of -16.41% in the agricultural sector and -9.15% in the livestock sector in Galicia, although they are mixed across the different provinces of the region. Despite the articulation of a network of public aids and the adoption of new commercialization strategies, there are sub-sectors with high losses, such as the ornamental plant industry and the subsector dedicated to the production of beef. |
The effects of COVID-19 crisis on small family farms: Empirical evidence from Visegrad countriesOriginal PaperIvana Bla¾ková, Veronika Svato¹ová, Gabriela Chmelíková, Vojtìch Tamá¹, Eli¹ka Svobodová, Libor Grega, Simona Mi¹kolci, Jakub Piecuch, Apolka UAgric. Econ. - Czech, 2023, 69(9):366-374 | DOI: 10.17221/217/2023-AGRICECON This paper aims to investigate the effects of the COVID-19 crisis on small family farms in Visegrad countries and to provide evidence of how they have responded and coped with the crisis. We conducted our investigation using an exploratory qualitative research design based on 86 semistructured in-depth interviews with owners or responsible managers, and explored the effects of the COVID-19 pandemic on different areas of their businesses, such as human resources, supplier-customer relations, production, distribution channels or strategies, price of inputs and outputs and business models. Our findings showed that small family farms have been resilient in the face of the COVID-19 pandemic. Several negative impacts were identified, such as a decrease in sales due to the closure of accommodation and restaurant services, delays in the supply of inputs, and minor problems with the availability of workers, but those were perceived to be moderate. However, the COVID-19 pandemic created not only difficult challenges but also opportunities for small farms. Based on our findings, three main recommendations regarding the adaptability and resilience of family farms in Visegrad countries have been formulated: i) the importance of a diversification strategy, ii) selling through short supply chains, and iii) digitalisation of agriculture. |
A methodological proposal for the sociocultural valuation of ecosystem servicesOriginal PaperÓscar González-Yebra, José Ángel Aznar-Sánchez, Juan Francisco Velasco-Muñoz, Belén López-FelicesAgric. Econ. - Czech, 2023, 69(2):68-77 | DOI: 10.17221/298/2022-AGRICECON
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A blockchain-based approach for food surplus managementOriginal PaperGianpaolo Iazzolino, Francesca Guerriero, Luigino Filice, Giorgio ScarpelliAgric. Econ. - Czech, 2023, 69(7):276-283 | DOI: 10.17221/146/2023-AGRICECON
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Sustainably produced butter: The effect of product knowledge, interest in sustainability, and consumer characteristics on purchase frequencyOriginal PaperDominika Jakubowska, Tomá¹ SadílekAgric. Econ. - Czech, 2023, 69(1):25-34 | DOI: 10.17221/294/2022-AGRICECON
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Impact of economic globalisation on agriculture in developing countries: A reviewReviewAgus Dwi Nugroho, Zoltan LaknerAgric. Econ. - Czech, 2022, 68(5):180-188 | DOI: 10.17221/401/2021-AGRICECON Economic globalisation (EG) in developing countries has continued to increase over the last 40 years. EG has both beneficial and harmful impacts on all sectors, including agriculture. This paper aims to determine the impact of EG on agriculture in developing countries. This aim was met by conducting a systematic review (SR) of 64 papers from Scopus and Web of Science (WoS). EG has influenced various elements of agriculture in developing countries, including i) product, supply chain, food security, ii) trade, iii) economic, social, political element and environment and iv) technology and research and development (R&D). We propose several policies in this paper to maximise EG's positive impact while minimising its negative impact. |
Multi-frequency downside risk interconnectedness between soft agricultural commoditiesOriginal PaperDejan ®ivkov, Boris Kuzman, Jonel SubiæAgric. Econ. - Czech, 2023, 69(8):332-342 | DOI: 10.17221/125/2023-AGRICECON
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Supply chain modelling in organic farming for sustainable profitabilityCase StudyR Chitra, N L Balasudarsun, M Sathish, R JagajeevanAgric. Econ. - Czech, 2023, 69(6):255-266 | DOI: 10.17221/44/2023-AGRICECON
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Structural and weather-related factors of the sustainable intensification process in agriculture of the European Union regionsOriginal PaperJakub Staniszewski, Anika MuderAgric. Econ. - Czech, 2023, 69(10):385-393 | DOI: 10.17221/235/2023-AGRICECON
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The impact of geopolitical risk on agricultural commodity pricesOriginal PaperKristína Hudecová, Miroslava RajèániováAgric. Econ. - Czech, 2023, 69(4):129-139 | DOI: 10.17221/374/2022-AGRICECON
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Geopolitical deadlock and phosphate shortfall behind the price hike? Evidence from Moroccan commodity marketsOriginal PaperMarek Vochozka, Svatopluk Janek, Lenka ©iráòováAgric. Econ. - Czech, 2023, 69(8):301-308 | DOI: 10.17221/140/2023-AGRICECON
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Food security in a food self-sufficient economy: A review of China's ongoing transition to a zero hunger stateReviewVasilii Erokhin, Gao Tianming, Luminita Chivu, Jean Vasile AndreiAgric. 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 foods. In this study, the current state of food security and production and trade in food and agricultural products in China during 2000-2020 have been analysed and an overview of the strategic directions of the domestic sustainable development, food security, and zero hunger policies are highlighted. The main aim of the study is dedicated to identifying the critical shortcomings and gaps in combating hunger and food insecurity in China and proposing policy recommendations regarding improving the stability of the food supply in the country and deigning new possible strategies to achieve it. The results highlight the major trends and shifts of the food security paradigm in the process of developing a food self-sufficient economy. |
Human potential of talents in agriculture and forestry in context of Agriculture 4.0Original PaperMilo¹ Hitka, Lenka Li¾betinováAgric. Econ. - Czech, 2023, 69(6):223-233 | DOI: 10.17221/153/2023-AGRICECON
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