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Results 181 to 210 of 715:

The influence of photovoltaic and nuclear energy sources on the use of land in the Czech RepublicReview

Luká¹ 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 available real data to compare agricultural land occupation by these two energy sources. The results indicate that the effect of photovoltaic power plants on agricultural land occupation is 100 times greater than that of nuclear power plants. In terms of the effect on agricultural land occupation, the combination of solar and nuclear power plants seems to be appropriate. This combination partially eliminates the negative agricultural land occupation consequence of using solar power plants.

Adopting sustainable water management practices in agriculture based on stakeholder preferencesOriginal Paper

Juan Francisco Velasco-Muñoz, José Ángel Aznar-Sánchez, Belén López-Felices, Gabriella Balacco

Agric. Econ. - Czech, 2022, 68(9):317-326 | DOI: 10.17221/203/2022-AGRICECON

Technology has made it possible to achieve the very efficient use of water resources in agriculture. However, there are a set of practices that could increase both the availability and quality of the water resources, but which are not yet widely used. In view of the scarcity situation mainly produced by the consequences of climate change, the objective of this work is to analyse the adoption of sustainable irrigation management practices in agriculture. To this end, the aim is to identify and evaluate the variables involved in adopting sustainable practices in agriculture through the use of different qualitative research tools in successive phases (literature review, in-depth interviews, Delphi method and workshop). The results indicate that the sustainable practices to be adopted to improve water management in the study area are rainwater harvesting (RWH) and pond covering (PC). The main barriers are the costs, some farm characteristics and lack of research, while the facilitators include easy access to technology and the existence of farmer-to-farmer networks. Furthermore, the most influential stakeholders for these practices are the farmers, policymakers and researchers. Proposals for the adoption of sustainable water use practices have also been made consensually with all the involved agents.

The impact of digitalisation on the agricultural wholesale prices to aid agrarian incomeOriginal Paper

Sanjay Chaudhary, Pradeep Kumar Suri

Agric. Econ. - Czech, 2022, 68(10):361-370 | DOI: 10.17221/113/2022-AGRICECON

The paper analyses the effect of electronic-trading (e-trading) on the wholesale prices of select commodities in agricultural marketplaces to aid agrarian income levels. Post a literature review, the researcher performed a field survey to get the opinions of 371 farmers and traders. The researcher also conducted the descriptive statistical analysis, the difference in differences analysis, and the t-test analysis to show the wholesale price improvement after the e-trading platform implementation. The field survey findings and the statistical analysis suggest an increase in average wholesale prices of select agri-commodities in select markets of India due to the National Agriculture Market (eNAM) e-trading platform effect. The suggestions to practitioners and social policymakers highlight an improvement in the functioning of e-trading in terms of better prices for farmers, lowering transaction costs, increased transaction speed, reduced administrative hurdles, improved infrastructure and eventually higher income for a farmer. The knowledge base developed in this paper will help researchers reduce the knowledge gap in agricultural pricing.

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 in identifying healthy perennial crop firms. In addition, we show substantial statistical differences in terms of liquidity and profitability, but only in healthy firms. The results encourage the topic of the vegetative cycle to be more present in the construction of more accurate bankruptcy prediction models.

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 industry reported a positive balance in the foreign trade of milk and dairy products, which contributed to positive values in the competitiveness indicators of dairy products. The values of the export specialisation index (SI), export revealed comparative advantage (XRCA), relative import penetration index (MRCA), foreign trade coverage ratio (CRK), and the Grubel-Lloyd intra-industry trade index (IITk) were positive, which attests to the competitiveness of Polish dairy products. We proved that the COVID-19 pandemic had an impact on the competitiveness of dairy enterprises in Poland.

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 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.

Assessment of the impact of agricultural support on crop diversityOriginal Paper

Zdeòka ®áková Kroupová, Luká¹ Èechura, Matìj Opatrný, Zuzana Hlou¹ková, Iveta Mlezivová

Agric. Econ. - Czech, 2023, 69(3):89-100 | DOI: 10.17221/387/2022-AGRICECON


This study examines the impact of agricultural support on crop diversity measured by a diversity index. Our results indicate that agricultural subsidies have a limited effect on agricultural biodiversity. By using unique farm-level data, we show that subsidies support the income of farmers rather than the agricultural biodiversity. The results are robust regarding the size, practice management and altitude of the agricultural holdings' operations and various measures of agricultural biodiversity. However, when interpreting the results, the limitations of biodiversity indices should be considered.

The economic well-being of smallholders and challenges during COVID-19 pandemic: A reviewReview

Nurul Atiqah Binti Mohd Suib, Norlida Hanim Mohd Salleh, Mohd Fazim Ahmad

Agric. Econ. - Czech, 2023, 69(1):35-44 | DOI: 10.17221/344/2022-AGRICECON

The challenges smallholders face in agricultural management between developed and developing countries differ and can also impact the smallholder's well-being. The purpose of this study is to identify factors that affect the well-being of smallholders. We conducted a systematic literature by applying the Preferred Reported Item for Systematic Review and Meta-Analysis (PRISMA) and extracted 30 articles from Scopus and Web of Science. These articles show three main factors that drive well-being: technology, optimal resource, and insurance, and two additional factors: market pricing and tax policy. Findings show that all the above factors will first impact economic well-being and, subsequently, social well-being. When COVID-19 struck, the smallholder's well-being was also affected in addition to the destabilised food chain. Travel restrictions have led to a labour shortage. The smallholders had to turn to e-commerce to sell their products. They also incurred losses and experienced difficulties in procuring agricultural intermediate inputs. The absence of agricultural insurance worsened the impact on the well-being of the smallholders. To safeguard the well-being of these smallholders, the study suggests that stakeholders should encourage local labour participation, increase investment in human capital, adopt e-commerce in marketing, offer agricultural insurance schemes against various disasters and continuously provide or increase subsidies to smallholders.

Index of contents volume 70

Editorial Department

Agric. Econ. - Czech, 2024, 70(12):I-III

The impact of geopolitical risk on agricultural commodity pricesOriginal Paper

Kristína Hudecová, Miroslava Rajèániová

Agric. Econ. - Czech, 2023, 69(4):129-139 | DOI: 10.17221/374/2022-AGRICECON


The escalation of the conflict between Russia and Ukraine had a detrimental effect on the global agricultural and food market and the price movements of essential commodities. In this study, we aim to investigate the effects of geopolitical risk on the prices of selected agricultural and food commodities using the linear and nonlinear ARDL (autoregressive distributed lag) model. Our results show evidence of the asymmetric impact of geopolitical risk on the prices of rapeseed, sugar, sunflower oil, and wheat. The findings also show no long-term link between geopolitical risk and corn, cotton, lumber, milk, oats, rough rice, and soybean prices.

Corporate governance, ownership concentration and performance of European agricultural companies: New empirical evidenceOriginal Paper

Graþiela Georgiana Noja, Mirela Cristea, Nicoleta Sîrghi, Oana-Ramona Socoliuc Gurițã, Ioana Vãdãsan, Daniel Cîrciumaru

Agric. Econ. - Czech, 2023, 69(4):151-161 | DOI: 10.17221/78/2023-AGRICECON


Considering the relevance of the agricultural sectors for the European countries' development, but also the volatile features of agriculture, with unforeseen risks induced by climate, ensuring durable economic progress is foremost for the companies. This paper aims to assess the associations of the key parties in corporate governance (directors, managers, advisers, and shareholders), employees and the independence level with the main outcomes and capacity/size of the European companies operating in agriculture, fishing, and aquaculture activities. Using a newly compiled and complex dataset of 3 184 active companies from Europe, provided by the ORBIS database, advanced modelling approaches were employed, based on the robust regression (RREG) and Gaussian Graphical Model (GGM). The main findings emphasised that: directors, managers, and advisors had a strong positive influence on the firms' size, boosting their turnover, and the shareholders' funds; advisors induced positive connections with the companies' liquidity; the number of employees exerted positive impacts on the firms' size and outcomes of these companies; the independence level exerted a negative impact on the firms' size and outcomes. Finally, specific measures must be addressed to primarily reconsider the number of directors and managers and the shareholders' participation in the ownership of these companies due to their unfavourable exerted effects.

A parametric analysis of eco-efficiency and its determinants: Evidence from Norwegian dairy farmsOriginal Paper

Habtamu Alem

Agric. Econ. - Czech, 2023, 69(7):284-290 | DOI: 10.17221/149/2023-AGRICECON


This study aims to estimate eco-efficiency scores and identify determinants of Norwegian dairy farms using a parametric approach that accounts for methane emissions. The study incorporates an environmental output measure and draws on 30 years of panel data from 692 specialist dairy farms (1991–2020). The findings indicate that Norwegian dairy farms are inefficient, with room for improvement in the dairy production system and the environment. According to the average eco-efficiency score, conventional dairy farms could cut input use and CH4 emissions by 5% while maintaining output. Furthermore, the study found that land tenure, experience, and government subsidies all positively impact eco-efficiency. Policymakers should encourage the best-performing dairy farms to share information on increasing productivity while considering environmental concerns to achieve better social and agricultural development. It should be noted that the study only looks at livestock methane emissions; future research may investigate other environmental factors.

A blockchain-based approach for food surplus managementOriginal Paper

Gianpaolo Iazzolino, Francesca Guerriero, Luigino Filice, Giorgio Scarpelli

Agric. Econ. - Czech, 2023, 69(7):276-283 | DOI: 10.17221/146/2023-AGRICECON


Food surplus recovery is one of the priorities of modern society. Mass distribution allows one to reserve goods unsuitable for selling for organisations able to distribute them to people in need. This work contributes to this direction by considering a reward programme for donors. A methodology for supporting the cycle of the reallocation of the food surplus to people in need usingblockchain technology to support the traceability of the flows and to allow the exact evaluation of the rewards to be assigned to each retailer is described. A mathematical model is proposed for calculating the reward. An actual application of the methodology is also described.

Exploring the motivations behind food self-provisioning in the Czech RepublicOriginal Paper

Tereza Pilaøová, Steffen Muench, Miroslava Bavorova, Jan Huml

Agric. Econ. - Czech, 2023, 69(6):234-245 | DOI: 10.17221/117/2023-AGRICECON


Gardening and food self-provisioning motivations are changing with the country’s economic development. While food security is often the main driver for self-provisioning in low-income countries, more diverse motivations exist in high-income countries. This study investigates the motivations for self-provisioning in the Czech Republic and the role of the family composition on the rate of self-provisioning to explore its social benefits. A two-step analysis was employed using data collected from 1 214 respondents. First, an exploratory descriptive statistical analysis was conducted to gain insights into the motivation of different households participating in self-provisioning. Second, binary probit models were used to investigate the characteristics influencing the main motives for self-provisioning. The results of the models revealed that the educational level, income per capita, family structure and area of residence influence the motives for self-provisioning.

Challenges and innovative approaches in the agricultural and food industry and changing consumer behaviour in the milk and milk products market: Case of SlovakiaOriginal Paper

Zuzana Kapsdorferova, Matej Èere¹, Veronika Zábojníková, Petronela ©vikruhová, Radka Kataniková

Agric. Econ. - Czech, 2023, 69(6):246-254 | DOI: 10.17221/119/2023-AGRICECON


The negative consequences faced by the entire planet, the intensification of natural disasters, global warming, lowering the level of groundwater, deforestation, deterioration of corals and the underwater world, soil degradation, and the change of species diversity, testify to the necessity of introducing reforms in the agricultural-food complex. Fulfilling such a goal and creating added value of innovation potential can only be created in the conditions of functioning structures strengthened by system support, which requires reviewing and introducing change in food systems. The recent financial crisis, later the pandemic, and the current going military conflict in Ukraine, caused problems in supplier-customer relations, and made humanity feel how the issue of food security and self-sufficiency can be easily and quickly disrupted. If farmers and food producers are to be able to respond to challenges and at the same time ensure the EU’s strategic goals, it is necessary to have support in research and innovation. Agricultural research and innovation in the EU is characterised by a long-term strategic approach that focuses on creating value from the land through sustainable primary production and strengthening rural innovation. It is an important tool in the fight against challenges such as climate change, environmental degradation, and biodiversity loss. In view of the above, it is necessary to transform food systems, apply regenerative agriculture, introduce alternative land-saving farming systems, observe the principles of sowing procedures and greater diversification of crops in the sowing procedure, reduce the consumption of agrochemicals, naturally integrate plant and animal production into agricultural business entities in relation to the circular economy, use farm waste for bioenergy production, protect agricultural land, implement measures to retain water in the country and support regions

Geopolitical deadlock and phosphate shortfall behind the price hike? Evidence from Moroccan commodity marketsOriginal Paper

Marek Vochozka, Svatopluk Janek, Lenka ©iráòová

Agric. Econ. - Czech, 2023, 69(8):301-308 | DOI: 10.17221/140/2023-AGRICECON


Phosphate fertilisers rank among limited conventional production aids, requiring eco-unfriendly mining methods. On the other hand, wheat is an indispensable agricultural commodity essential in the food industry. For this reason, it is appropriate to monitor the potential bivariate relationship between these commodities and to follow their future development closely. The article aims to identify a correlation (Kendall’s tau) and causal (Granger causality test) between the price of Moroccan phosphate and wheat, applying vector autoregression (VAR). The results show a medium-to-strong correlation between phosphate and wheat, while causal analysis suggests a reciprocal relationship. The final prediction indicates the price stability of Moroccan phosphate and a fall in wheat prices, showing steady trends of the Moroccan phosphate and wheat market affected by the alarming situation in Ukraine. The article’s drawbacks are a narrow market specialisation, which ignores other agricultural commodities. Our findings contribute to national officeholders and professional public, private and non-profit agrarian organisations. Investors may benefit from exploring turbulent exogenous variables like a critical geopolitical deadlock in Ukraine. The main contribution highlights the fact that the conventional fertiliser and wheat market situation appears to be stable and free from elements of uncertainty.


Impacts of the war on prices of Ukrainian wheatOriginal Paper

Lenka Novotná, Zuzana Rowland, Svatopluk Janek

Agric. Econ. - Czech, 2023, 69(10):404-415 | DOI: 10.17221/121/2023-AGRICECON


The Russian-Ukrainian armed conflict significantly affected wheat production and its export from Ukraine, mainly during the war outbreak. Since both countries rank among the major global wheat producers, the warfare disrupted wheat supplies, hastily pushing the prices. Based on the analysed data, we carried out research using multilayer perceptron networks. The findings suggest the biggest price increase between February and March 2022, witnessing wheat prices at about 1 400 USD per t. We predict a decline to the pre-war values until the end of 2025, estimating its rates between 600 USD and 800 USD per t. This price slump may involve signing an agreement on unblocking Ukrainian seaports, which would restore wheat exports. Yet, our survey is confined to historical data, which do not suggest any dramatic event that would alarmingly sway wheat prices.

Impact of project information disclosure on backers‘ investment intensity in reward-based crowdfunding: Evidence from agri-food crowdfunding in ChinaOriginal Paper

Junjuan Du

Agric. Econ. - Czech, 2023, 69(11):427-435 | DOI: 10.17221/249/2023-AGRICECON

How to encourage backers to increase investment and obtain more funds is an important issue for both initiators and platforms in reward-based crowdfunding. Based on the trust theory and the elaboration likelihood model (ELM), this study explores the impact of project information disclosure on the investment intensity of backers in agri-food crowdfunding. The results show that the initiator type, trademark registration, number of certificates, number of reward types, number of project updates, and number of comments had significant positive effects on backers’ investment intensity. Meanwhile, the investment threshold and lottery had a significantly negative impact on backers’ investment intensity. The number of backers played a mediating role in the relationship between independent variables and backers’ investment intensity. Based on the research conclusions, practical implications were proposed for initiators, crowdfunding platforms, and regulators.

Mechanization’s impact on agricultural total factor productivityOriginal Paper

Yuxin Cui

Agric. Econ. - Czech, 2023, 69(11):446-457 | DOI: 10.17221/291/2023-AGRICECON

Agricultural mechanisation is rapidly increasing in China and will have an increasing impact on agricultural total factor productivity (TFP) in the future. This study uses panel data from 27 provinces in China, spanning the years 2001‒2020, to measure agricultural TFP, and estimates the effects of mechanisation on TFP, technical efficiency, and technological progress. The results reveal that the level of agricultural mechanisation can promote TFP. TFP has a cumulative effect in the previous period, which can also significantly affect TFP in the current period. The level of agricultural mechanisation improves technical efficiency and promotes technological progress, but this is not statistically significant. Regional heterogeneity exists in mechanisation’s effect on agricultural TFP, with the largest effect occurring in the group with the lowest TFP. Therefore, efforts to promote the use of agricultural machinery should increase. China’s agricultural machinery subsidy policy must be further adjusted, and agricultural machinery research investments increased, while the government must address the heterogeneity between regions and focus on developing agricultural mechanisation in the central and western regions.

Are futures markets functioning well for agricultural perishables? Evidence from China’s apple futures marketOriginal Paper

Qianqian Mao, Jens-Peter Loy, Thomas Glauben, Yanjun Ren

Agric. Econ. - Czech, 2023, 69(12):471-484 | DOI: 10.17221/278/2023-AGRICECON


Emerging economies often establish commodity futures markets to discover price signals, manage price risks and improve market integration, but establishing a futures market may not be feasible for agricultural perishables. In this study, we evaluated the function of the world’s first fresh fruit futures contract for apples. Combining partial cointegration with state-space modelling, we derived time-varying price discovery metrics for the apple futures market. Our findings revealed a limited and time-varying dominance of price discovery by the futures market, while a substantial share of price discovery occurred in the spot market. Moreover, poor convergence of disaggregated spot prices to the futures price suggests that commercial traders in the apple supply chain tended to focus more on the spot market than on the futures market. Thus, emerging economies should be cautious about the new establishment of futures markets for agricultural perishables. Future research using more specific data on the spot market may provide a better insight on the limited function of the futures market.

Cross border protection of the clusters' intellectual property in the agricultural sectorOriginal Paper

Mirjana KRANJAC, Uro¹ SIKIMIÆ, Marija VUJAKOVIÆ, Istvan MOLNAR

Agric. Econ. - Czech, 2015, 61(1):23-30 | DOI: 10.17221/130/2014-AGRICECON

The goal of the paper is to analyse the potential for the innovation of cross border clusters from the sector of agriculture. The methodology which is used is the research of intellectual property (IP) of the clusters' members and clusters by using a specific questionnaire for clusters in two countries: Hungary and Serbia. The analysis of results shows a high level of innovativeness within the clusters' members and the need of protection of their intellectual achievements. The similar results were achieved in both countries. They show that the IP rights at the level of clusters should be protected as the cross border trademark and the name of origin. The scientific contribution of this paper is to introduce the concept of the joint cross border IP protection for two or more clusters from different countries which might be applied across the EU.

The impact of the biogas industry on agricultural sector in GermanyOriginal Paper

Zuzana LAJDOVA, Jan LAJDA, Peter BIELIK

Agric. Econ. - Czech, 2016, 62(1):1-8 | DOI: 10.17221/292/2015-AGRICECON

The whole concept of the biogas industry is an ongoing issue particularly because of its differences from the original purpose and the criticism about causing too many externalities. Its high costs and low efficiency compared to the traditional cheaper sources belong to the main problems. This issue is serious especially currently - at the times of a slow economic growth when a switch to renewable energy sources means yet another harm to the competitiveness of the EU producers as it increases their production costs. Another weak point is that the silage maize as the most common input material for the anaerobic digestion leads to the displacement of the food crops production and it is considered to be also a contributor to the food price increase. Biogas plants also compete for input with the livestock production that ends up in the biogas plants instead of e.g. feeding cows. The aim of the paper is to investigate the long-run relationship between the biogas industry and the agricultural sector in Germany - a leader in the technology with the most developed biogas sector among the European Union member states. The econometric analysis based on the Vector Correction Model confirms the stated assumptions and concludes that the production of biogas via the anaerobic digestion has a significant impact on agriculture in Germany.

The level and determinants of work profitability changes in the Czech and Polish agricultural sector in the years 2004-2014Original Paper

Zbigniew GOLAS

Agric. Econ. - Czech, 2016, 62(7):334-344 | DOI: 10.17221/159/2015-AGRICECON

The main aim of the study was to analyse changes in the work profitability in the agricultural sector in the Czech Republic and Poland in the post-accession period. The study used the Economic Accounts for Agriculture, which enabled the analysis of the economic situation in agriculture according to the uniform standards. The study was based on a system of work profitability indexes and factor analysis. The research proved that during the post-accession period (2004-2014), in the average work profitability in agriculture increased in the real terms by 6.69% per annum in the Czech Republic and by 5.66% per annum in Poland. As results from the factor analysis, favourable changes in the work profitability in the agricultural sector in the Czech Republic were chiefly caused by an increase in subsidies, a higher productivity and depreciation costs. On the other hand, the increased productivity and subsidies were the main causes of favourable changes in the work profitability in the agricultural sector in Poland.

Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sectorOriginal Paper

Danuse NERUDOVA, Katerina KRCHNIVA

Agric. Econ. - Czech, 2016, 62(8):363-377 | DOI: 10.17221/222/2015-AGRICECON

The allocation formula for the distribution of the Common Consolidated Corporate Tax Base (CCCTB) should be based on three macroeconomics factors which are considered to have the largest impact on profitability. The paper researches the ability of the allocation formula factors to explain variability in profit/loss generation of single enterprises from the perspective of the Czech Republic with the special focus on the explanation power of the allocation formula on profit/loss generation of companies operating in the agriculture sector (NACE A). The analysis is based on the comparison of the coefficients of determination as an indicator of the explained variability of the proposed simple as well as the multiple regression models. The paper concludes that proportion of explained profitability by the formula factors as are defined by the Draft Directive on a Common Consolidated Corporate Tax Base can differ by more than 30% with regard to the sector of economic activity classified by the NACE, whereas in the individual subsectors of the agriculture the difference may amount to 40%.

Unused potential for Smart Specialization development through collaboration: Lithuanian caseOriginal Paper

®ivilé Gedminaité-Raudoné, Dalia Vidickiené, Rita Vilké

Agric. Econ. - Czech, 2019, 65(10):463-469 | DOI: 10.17221/98/2019-AGRICECON

Smart Specialization in this research is addressed to the use of collaboration as a tool for increasing efficiency of investment in entrepreneurship, research and innovation in a service-driven post-industrial economic system. This study provides evidence that collaboration potential is used only partly during the implementation of Smart Specialization strategy. The research illustrates given thesis by the evaluation of collaboration in Lithuanian biogas sector, which is listed among the priorities of Lithuania's Smart Specialization strategy till 2020, using structured interviews. The main aim of this empirical research is to assess the will to collaborate in order to enhance the development of Smart Specialization and identify unused collaboration potential among all Quadruple Helix model counterparts in the biogas sector. Empirical findings show that collaboration in the Smart Specialization development has a big potential. However, this potential is used only partly because of lack of knowledge and available business infrastructure for this task and the passive role in collaboration processes of government institutions. Research findings suggest that current situation should be changed by supporting measures for business and NGOs with the aim to encourage collaborative initiatives for Smart Specialization. Research findings might serve as guidelines for policy makers, entrepreneurs, university and NGO managers.

Decoupling of carbon emissions from agricultural land utilisation from economic growth in ChinaCase Study

Min Zhou, Bixia Hu

Agric. Econ. - Czech, 2020, 66(11):510-518 | DOI: 10.17221/290/2020-AGRICECON

China, as a populous and agricultural country, is confronted with a tremendous challenge involving the balance between agricultural economic growth and carbon emissions from agricultural land utilisation (CEALU). This study calculates the total CEALU in the 31 provinces of mainland China and uses the Tapio model to analyse the decoupling of CEALU from economic growth during the period 2000-2017. The results are shown as follows: (i) The CEALU in China has substantially increased, and there are obvious spatial discrepancies in CEALU from the regional and provincial perspectives. (ii) The decoupling of CEALU from economic growth at the national level shows a progressive improvement. The decoupling trends show significant spatial disparities at the regional level due to different natural and economic conditions. (iii) There is an increase in the numbers of provinces, which have achieved economic growth with the reduction of CEALU. Policymakers should attach more importance to the relationship between CEALU and economic growth, and relevant policies should be adapted to local natural and economic conditions.

Approaches of selected organisations in the Czech Republic to promoting the concept of sustainable development and corporate social responsibilityOriginal Paper

Pavla Vrabcová, Hana Urbancová

Agric. Econ. - Czech, 2021, 67(7):255-265 | DOI: 10.17221/8/2021-AGRICECON

Sustainable development is a concept that is constantly evolving, being discussed at the global, national, and local levels, not only among individuals but also within organisations. However, the importance of this concept lies in its complexity. The article's main goal is to identify the approaches of selected Czech companies to promote the concept of sustainable development and evaluate the basic factors that impact competitiveness. The data were obtained based on quantitative research (questionnaire survey of data collection) in selected organisations (n = 179) and additional qualitative research in the form of individual interviews with representatives of agricultural enterprises (n = 8). Data were processed using chi-square tests and factor analysis to identify latent variables. Key approaches to promoting the concept of sustainable development include an emphasis on process approach, non-financial business performance, and sector stability. The basic factors for competitiveness are quality relationships with stakeholders and the implementation of an integrated management system.

The role of the leading exporters in the global soybean tradeOriginal Paper

Claudia V. Montanía, Teresa Fernández-Núñez, Miguel A. Márquez

Agric. Econ. - Czech, 2021, 67(7):277-285 | DOI: 10.17221/433/2020-AGRICECON

This paper examines the global soybean market in a holistic way, analyses the land use and other historical determinants of soybean exports, such as labour and capital endowments, soybean productivity, international prices and demand conditions through an empirical model. In addition, it pays particular attention to the role of leading exporters in the export changes and the nature of the connections between them in an interrelated system. The results suggest that the productivity per hectare and the land used to harvest soybeans are the main factors explaining soybean exports in a global context. The analysis also reveals that Brazil, the current market leader, positively influences the other exporters. On the contrary, minor exporters such as Ukraine, Paraguay, or Canada present competitive relationships with the major exporters. The nature of the relationships between the exporters and the pressure on natural resources highlight the importance of government involvement in developing joint strategies that ensure the growth of this sector and the achievement of United Nations Sustainable Development Goals.

A longitudinal and cross-sectional analysis of the distribution of Common Agricultural Policy aids in European countriesOriginal Paper

José-Luis Alfaro-Navarro, María-Encarnación Andrés-Martínez

Agric. Econ. - Czech, 2021, 67(9):351-362 | DOI: 10.17221/87/2021-AGRICECON

The primary sector plays a key role in any country, from both economic and social perspectives, as has been underscored by the ongoing COVID-19 pandemic. In Europe, this sector is highly dependent on the aid provided under the Common Agricultural Policy (CAP). Therefore, the distribution of this aid among the various recipients is crucial to maintaining a strong primary sector throughout the European Union (EU). This is especially true in light of the new funding for the period from 2021 to 2027 and the United Kingdom's departure from the EU. In this sense, the 93.5% of the first pillar of CAP aid consists of direct aid to farmers. The related literature has shown its effect on aspects such as sustainability and farmers' income, among others, and its distribution in specific geographical areas. In this vein, the present paper conducts a longitudinal and cross-sectional analysis of the distribution of aid across EU countries. The results show that the CAP reforms and the incorporation of countries into the EU influenced the distribution of aid. Moreover, there is a clear division between Eastern and Western EU countries, with a more equitable distribution of aid in the West.

Has the euro been fattening the European pig meat trade?Original Paper

Maria Mercè Clop-Gallart, María Isabel Juárez, Montserrat Viladrich-Grau

Agric. Econ. - Czech, 2021, 67(12):500-510 | DOI: 10.17221/109/2021-AGRICECON

The introduction of the euro is one of the great achievements of the European integration process. We ask whether the creation of the euro led to a significant increase in pig meat trade in the eurozone. The pig meat industry is the most important in the European meat sector, and the EU is the world's second-biggest producer of pork and the leading supplier of pig meat to the global market. No study has yet been conducted in this respect for this sector. Our results suggest that pig meat trade was encouraged between countries sharing the euro, although the impact of EU single market was still greater. Trade creation was also observed, increasing pig meat exports from eurozone to non-eurozone countries. Also, non-eurozone EU exporters suffer from a diversion effect that benefits eurozone exporters.

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