THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP

The objective of the study was to determine the effectiveness of the use of production factors on farms of the Visegrad Group countries. The research covered farms participating in the European system for collecting accounting data from FADN (Farm Accountancy Data Network) farms. Under the main obje...

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Main Authors: Agnieszka Cyburt, Agnieszka Gałecka
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University of Life Sciences Press 2020-12-01
Series:Polityki Europejskie, Finanse i Marketing
Subjects:
Online Access:https://pefim.sggw.edu.pl/article/view/1042
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author Agnieszka Cyburt
Agnieszka Gałecka
author_facet Agnieszka Cyburt
Agnieszka Gałecka
author_sort Agnieszka Cyburt
collection DOAJ
description The objective of the study was to determine the effectiveness of the use of production factors on farms of the Visegrad Group countries. The research covered farms participating in the European system for collecting accounting data from FADN (Farm Accountancy Data Network) farms. Under the main objective, an assessment was made of the productivity and profitability of land, labour and capital. The research period covered the years 2014-2017. Based on the analyses that was conducted, it was found that the most effective use of land resources was on farms in Hungary and Poland, and the least effective in Slovakia. Considering labour and capital productivity, the highest results were achieved by farms in the Czech Republic and Slovakia, while the lowest by Polish farms. On the other hand, Hungarian farms were characterized by the highest profitability of labour and return on assets, where the analysed indicators were higher than the EU average.
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language English
publishDate 2020-12-01
publisher Wydawnictwo SGGW - Warsaw University of Life Sciences Press
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series Polityki Europejskie, Finanse i Marketing
spelling doaj-art-89dc9b8bfd4b4ed197e9db135c96cdbd2025-02-03T00:35:12ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402020-12-0124(73)THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUPAgnieszka Cyburt0Agnieszka Gałecka1John Paul II State School of Higher Education in Biała PodlaskaJohn Paul II State School of Higher Education in Biała PodlaskaThe objective of the study was to determine the effectiveness of the use of production factors on farms of the Visegrad Group countries. The research covered farms participating in the European system for collecting accounting data from FADN (Farm Accountancy Data Network) farms. Under the main objective, an assessment was made of the productivity and profitability of land, labour and capital. The research period covered the years 2014-2017. Based on the analyses that was conducted, it was found that the most effective use of land resources was on farms in Hungary and Poland, and the least effective in Slovakia. Considering labour and capital productivity, the highest results were achieved by farms in the Czech Republic and Slovakia, while the lowest by Polish farms. On the other hand, Hungarian farms were characterized by the highest profitability of labour and return on assets, where the analysed indicators were higher than the EU average.https://pefim.sggw.edu.pl/article/view/1042effectivenessagricultural farmsFADNVisegrad Group
spellingShingle Agnieszka Cyburt
Agnieszka Gałecka
THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP
Polityki Europejskie, Finanse i Marketing
effectiveness
agricultural farms
FADN
Visegrad Group
title THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP
title_full THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP
title_fullStr THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP
title_full_unstemmed THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP
title_short THE EFFICIENCY OF PRODUCTION FACTORS ON AGRICULTURAL FARMS OF THE VISEGRAD GROUP
title_sort efficiency of production factors on agricultural farms of the visegrad group
topic effectiveness
agricultural farms
FADN
Visegrad Group
url https://pefim.sggw.edu.pl/article/view/1042
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